Like Magic, when I buy insurance. markets jump LOL

Discussion in 'Options' started by prc117f, Mar 23, 2017.

  1. prc117f

    prc117f

    I finished buying some insurance to insure my position and like magic, markets start climbing :) Well my trade was 1.2% of total trading volume so far :)
    If only I waited 20 minutes.


    anyhow it is kind of funny it seems to happen regardless now the next day could be a different story.
     
    murray t turtle likes this.
  2. prc117f

    prc117f

    Well looks like the Insurance is now in the green :) Lets see what happens tonight with this stupid vote.
     
  3. prc117f

    prc117f

    Love insurance. hanging out not giving a shit what happens regardless of vote. :) Got in cheap it would have cost me twice as much to buy in. I would love to see the S&P 500 plummet down +6% friday. Hopefully folks bought insurance earlier when the bulls were running the game.
     
    Last edited: Mar 23, 2017
  4. %%
    My insurance company tried to raise my auto insurance $10, for 6 months,; i said no thanks + bought from some else, i so seldom have an insurance claim.Many people insure their self, in some cases,but insurance companies are a fun read, real good @ making money figuring risk.......They make money on premiums, stocks ,stock dividends, bonds.