looking at some cyber security etfs and interesting stocks HACK, etf HAKK, 2X+ etf HAKD, 2X- etf stocks CHKP, CYBR, FEYE, FTNT, PANW, PFPT, SYMC there are a lot more players in this field, but these seemed like some to start looking for opportunities. -
hmmmm, how much is the margin going to be on 10 naked Puts? What happens in an unexpected occurrence happens in middle of the night and market drops 5% or more, what if market plunges and you can't get out? https://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_S&P_500_Index I have learned "never say never".
I made a quick visualization of the largest % moves using only 2008-2009 data. I sure would like to see the PnL from Nitro's model during this period as he was very prolific.
stocks I am considering for cash secured puts, AAPL, BAC, CSCO, MSFT, INTC, JPM, PM, sold strike just OTM, time about one month, prefer to close when get about 50% of premium, prefer to roll rather than be assigned, if take assignment, do CC and/or collect dividend
marked a VXX wed variation trade on 1/12 entry wed $21.42, exit thu $22.43 2 lot, $4284, return $202, 4.7% return
some general thoughts on trading VXX and SVXY, the main strategy for VXX, buy puts, add puts on spikes, another plan, wait for spikes and then buy puts, buy calls on SVXY
some general thoughts on using credit spreads verses debit spreads, a credit spread may give more room to be wrong in your thinking on the directional move of the underlying, the debit spread, if the directional plan holds true, may give a greater percent return over the credit spread, it is less forgiving if direction choice is wrong
the main doomers are all calling for horrific crashes this year, bonner, casey, dent, edleson, schiff, stansberry, is this their year?