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.  

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