-6% BTC (vs Friday 1600EST) probably means -2-3% down on the NQ. YENUSD is up 1% and the EURUSD -0.63%.
Value investor here... I have my eyes on Wells Fargo...If it drops over 5%. I'd probably buy 100 shares and option the closest option above the buy price (covered call)... Do it 9 months to a year out... Collect the premium and forget the stock profit... If it's not called away...I should have a good basis... That's how I roll...Yeah boring!!
Isn't C cheaper than Wells? Of course Citi is crappy organization. JPM & GS are the gold standard but perpetually expensive.
I'm still wondering how IG can predict the futures when futures markets are closed. Going to see in a few minutes how accurate it is...