SPY premiums are retarded right now. Lets share some ideas on what you consider high probability of success Put plays for maximum lunch money in these infected times. Id like to buy a Harley in the next month or two so help a brother out would ya? Here's just a few I am considering... TRIP: to me this seems like a no brainer...schools talking about your kid having to stay home an additional two weeks after they return from travelling to a germy country, countless spring break trips reduced to peaknuckle and Netflix. XOP: again not exactly a rain man type of call but I worked in the O&G industry my entire adult life and this doesnt seem like the end. DIS: not really cheap premium but I think the new has wore off from Disney+ and their parks will have to suffer in the upcoming months. DISCLAIMER: I am an absolute master at losing money so you should in all reality buy calls instead.
Was trying to get the LVS May 15 2020 $50 Put Option but, market makers up to their silly games kept raising the asked price. I just cancelled my order. If not today, there will be opportunities tomorrow as well.
Was trying to get it at $6.50. If the market makers did not keep moving the asked price, I might have gotten in. No matter, there will be another trade tomorrow.
im loading up on puts right now need to spend another $15k throw some ideas out there. In full YOLO mode added LUV, DAL and SPCE this morning.