What do you guys think of picking up some DAL puts? Thats Delta, they are one of the largest US airlines that service China and are currently on travel ban there. I could imagine them having a good earning call come april?
iluvpoker said:
Could tomorrow be a Black Friday that rivals the 1987 Black Monday?
NRD09 said:okay this keeps gnawing at me...59 South said:
Since we all love the numbers game...
SPX high was 3393.52 ages ago (last Wednesday).
20% correction is about 2715 which is right at that 2718 gap.
30% drop which is a fairly average recession is 2375. Could we see 2350 again just like Christmas 2018?
Just some key levels to watch in the coming months now that all hell has broken loose. In the meantime, I'm trading the volatility with options.
I think (want to believe) we're gonna recover bigly like Tuesday at the latest
however
I think there's a small chance we don't and we careen into that 20-30% correction territory (particularly considering a post earlier today were someone asked if they should sell everything and wait until things settle out!), and if we do I think it'll happen quickly. So what's a good couple hundred buck bet that will make me rich if that happens?
Oh and I'm traveling all day tomorrow so I gotta place the order tonight and hope it fills tomorrow.
Thinking spy Mar 4 275p for $200 and see if it fills? Or Mar 6 270p? If we gap up or get a promising start to the day tomorrow those should fill?
It would be better to open down big and close up on the day, imoMcInnis 03 said:
Futures bounced off 2957, but not much
Not likely, this was a bioweapon that "escaped" from a lvl 4 lab in Wuhan. What better way to eliminate dissidents that have been protesting.Danwell Home said:
All of this because some clowns wanted to eat bat soup. Wellllll F.
GreasenUSA said:Futures are close to even.59 South said:
Futures tanking. At this rate we could open in the 2800s
GreasenUSA said:
Just realized my data was behind. We went from green to red in the last 20 minutes or so.
SoupNazi2001 said:GreasenUSA said:
Just realized my data was behind. We went from green to red in the last 20 minutes or so.
Some of you don't know how to read futures. S&P closed at 2979 which closed at 3. Futures close at 4 and dropped further to close at 2957 which is down 0.7% from the S&P close. They are now at 2936 which is 1.4% down from S&P close. Futures can be up but still down from the 3 close if they tank in the last hour like they did today.
Yes.SoupNazi2001 said:GreasenUSA said:
Well, I'm confused. I know the futures market halts for 15 minutes shortly after the market closes, but ES is trading right now.
ES is halted from 3:15 to 3:30 each day and closes at 4 for 1 hour. It reopens at 5 PM.