My thoughts exactly. Crash market Wednesday and sell puts for
max gain...buy calls for pennies...huge rally to expiration...sell
calls for huge premium...One of the oldest plays on Wall Street.
But...I'd sure like 'em to play that hand!
Posted by retirefire on 18th of Mar 2020 at 11:51 am
IF SPX rallied hard Friday (trip witching?) Would those cheap
CALLs work ?? May 15 296 for exp. in the low 3 dollar range. Not
asking for a trade , just experience do these move or does it take
an earth quake kinda move
My thoughts exactly. Crash market
Max pain for SPY by Friday at 302 . Not ...
Posted by profmel on 18th of Mar 2020 at 11:35 am
My thoughts exactly. Crash market Wednesday and sell puts for max gain...buy calls for pennies...huge rally to expiration...sell calls for huge premium...One of the oldest plays on Wall Street. But...I'd sure like 'em to play that hand!
IF SPX rallied hard Friday
Posted by retirefire on 18th of Mar 2020 at 11:51 am
IF SPX rallied hard Friday (trip witching?) Would those cheap CALLs work ?? May 15 296 for exp. in the low 3 dollar range. Not asking for a trade , just experience do these move or does it take an earth quake kinda move
why over complicate? just buy
Posted by arun on 18th of Mar 2020 at 12:09 pm
why over complicate? just buy TQQQ
i biught it by mistake
Posted by law6 on 18th of Mar 2020 at 01:12 pm
i biught it by mistake happy mistake