How can you make money with high option premiums when you
buy at lows unless you had spreads
As far as economy vs market ... its a tough definition. IMO -
Widening rich poor gap is not a good sign...its actually
scary...But again that shouldnt distract us from following the
trend. I have been a net buyer just like you last two months
Call options were relatively cheap ( not cheap from a historical
perspective) to me at that time. I bought airlines, DHR, IBM,
and few others. I have three accounts. One for
retirement (1-2 or less trades a yea)r . One for trend
trades (3-6 weeks) and one for swing/day trades. My
main concern is always, what am I not seeing. Anyway, just
trying to stay alive, healthy and preserve some sort of future for
my children and the future. This virus has exposed this
country in many ways. China owns our supply chain and we are
sitting ducks no matter how many billionaires are here in the US.
How do you derive value in the stock market (price discovery),
if not the overall health of the economy? Then wouldn't it be
just a Ponzi scheme if there is no real value?
True but stock market is
MSFT and FB up nice after hrs on earnings
Posted by arun on 29th of Apr 2020 at 06:04 pm
True but stock market is not economy .... whether we like it or not... we have to follow big money...no point in fighting it
How can you make money
Posted by arun on 29th of Apr 2020 at 06:38 pm
How can you make money with high option premiums when you buy at lows unless you had spreads
As far as economy vs market ... its a tough definition. IMO - Widening rich poor gap is not a good sign...its actually scary...But again that shouldnt distract us from following the trend. I have been a net buyer just like you last two months
Call options were relatively cheap
Posted by ssaffer on 29th of Apr 2020 at 06:47 pm
Call options were relatively cheap ( not cheap from a historical perspective) to me at that time. I bought airlines, DHR, IBM, and few others. I have three accounts. One for retirement (1-2 or less trades a yea)r . One for trend trades (3-6 weeks) and one for swing/day trades. My main concern is always, what am I not seeing. Anyway, just trying to stay alive, healthy and preserve some sort of future for my children and the future. This virus has exposed this country in many ways. China owns our supply chain and we are sitting ducks no matter how many billionaires are here in the US.
How do you derive value
Posted by ssaffer on 29th of Apr 2020 at 06:35 pm
How do you derive value in the stock market (price discovery), if not the overall health of the economy? Then wouldn't it be just a Ponzi scheme if there is no real value?
Who said it’s not?!?!
Posted by pep8261 on 29th of Apr 2020 at 06:42 pm
Who said it’s not?!?!
There is no real price
Posted by arun on 29th of Apr 2020 at 06:41 pm
There is no real price discovery as long as central banks continue f***ing with the market
Agreed.
Posted by ssaffer on 29th of Apr 2020 at 06:55 pm
Agreed.