this here is a unique opportunity for savy traders ... a dump of 40-50 pts.. what will you do with it , seel it, or buy it
Although I have concerns about the global and US economies, there seems to be plenty of investment money available. With yields in a long term decline and business formation or expansion becoming increasingly scary because of economic fears, where does this money end up? By historical standards, it does not feel like things are “Frothy”. Can the US go through a potential recession with a rising stock market? One risk that could blindside policy makers is home flipping and owner financing. But as of now, I don’t see how this could rise to the level of a systemic risk. Thinking /off Mechanical /on
Hmmmm..... who do u think? Did you read my rendition of Casey at Bat? (Verse 4, line 4) Here... its been pointed out several time elsewhere too. https://elitetrader.com/et/threads/es-journal-2019-2020.328086/page-980#post-4899500 Soooo. You covered your short position then? Missed that post. Missed the entry too for that matter but whatever. Where's the tally at now? 420 points for the year?
Ok, I’ll cede only because theta may save the profitability of some of my positions in spite of my bad calls. I have only scratched the surface of options. They offer more flexibility and ways to profit that are not available with outright positions.