Options are expensive today in both directionsNIce call...you buy any calls???
Options are expensive today in both directions
Saved the market ?Well I did it. Long 420 spy put ( September) for $3.2k. I probably just ended the bear market.
Going to sell weekly puts against this for a couple hundred a week.
Time for puts? ?That’s probably going to be it for Q’s today. Just under 327
Up 20% right now. Not sure how long to hold this, could easily turn against me and I end up in the red.Just bought a 327P on QQQ expiring tomorrow. ?
Hold until worthlessUp 20% right now. Not sure how long to hold this, could easily turn against me and I end up in the red.
Been there, done that. ?Hold until worthless
I never had any luck holding options overnight. wake up with a theta headacheBeen there, done that. ?
I don’t know, I remember when buying calls at close and selling at open next day worked all the time like clockwork. Boy those were the days.I never had any luck holding options overnight. wake up with a theta headache
Yeah it’s up but unimpressively so. Especially given the big PM dip this morning. Feels off.Kind of surprised the market is up so much today, and kind of not at the same time. It is Turnaround Tuesday, but we usually chop shop into the Fed meeting. Still have a couple of hours to go, so we'll see where we close. A strong close on volume suggests to me that somebody knows something and the Fed is fixing to deliver some good dovey news.
Yeah, I figure I’ll probably unload before close no matter what. Who knows what’ll happen tomorrow. Probably some big action before the meeting ends, and could easily see it go to $0 before then (or to the ?).I never had any luck holding options overnight. wake up with a theta headache
I think we all already know what they are going to doWhen will the fed announce what they are doing ? Tomorrow morning ?
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I think we all already know what they are going to do
I look away for an hour and it’s all green. Should’ve unloaded my puts when up 25%, now down 10%. ?Shrek in the house