i am amazed by the lack of interest in put buying (nobody wants
'protection' these days). i have a stable of puts that i typically
sell after each expiration (it's one way of earning a 'living
wage'). even with today's opening decline in many of those names of
1 to 2 percent, there were no takers for my dozen
odd positions (most of those stocks are now up on the day). i
was not being aggressive either.
astounding market
Major indices still grinding higher (holding up)..continue to monitor.
Posted by hazbin1 on 25th of Jun 2014 at 03:29 pm
i am amazed by the lack of interest in put buying (nobody wants 'protection' these days). i have a stable of puts that i typically sell after each expiration (it's one way of earning a 'living wage'). even with today's opening decline in many of those names of 1 to 2 percent, there were no takers for my dozen odd positions (most of those stocks are now up on the day). i was not being aggressive either.
End of quarter so rush
Posted by rbreese on 25th of Jun 2014 at 04:32 pm
End of quarter so rush to put dirty money to work.