My HNDL barometer of Tech/Bonds now down $0.35. More bleeding on the way.FJ43 said:
VIX climbing again
Brian Earl Spilner said:
Portfolio down 5 digits from the top.
Cool, cool, cool...
All I have is downside plays other than a net free call on RBLX. Taking everything trade wise off the table before close.Farmer @ Johnsongrass, TX said:My HNDL barometer of Tech/Bonds now down $0.35. More bleeding on the way.FJ43 said:
VIX climbing again
#BlackSwanTMOOSE said:
VXX 9/17 $60 for 5.9 MIL!
HedgeMcInnis 03 said:#BlackSwanTMOOSE said:
VXX 9/17 $60 for 5.9 MIL!
Are you saying you sold puts and a covered call on top? Just trying to follow fully.oldarmy1 said:
Hi ho gang. This slow bleed is only the beginning IMO. Remember once the effort to sell off is realized by regular traders there is yet a ways to go. These things end in a bang. It's a good time to be so busy you aren't trading.
401.25 is a gap area but I can see 375 area with fireworks. I do about the same every May. We got lucky on that $140 AAPL target to exit. For stocks to hold I enter Puts near the money out 3 weeks and sell a covered call out 6 weeks plus on 25% to pay for most if not all.
PLTR example. I am in $20 Puts out to May 28th on entire position and used 23% of shares owned against a August $20 covered call. I used the Model T call tweeted to look for $18.55 to sell the $20 Puts and then reset those for May 28th $19's on the bounce above $19.
Now that's a small stock with smaller premiums. For my large holdings of $100+ I do the same thing but give $5 away on the Put side and $5 higher on the covered call side to essentially create the same dynamic.
I continue to be in the throws of corporate movements and with these markets there isn't much to do for now.
GO AWAY IN MAY
**** it!texagbeliever said:
Another random point. A geomagnetic disturbance occurred today. This has been correlated to downturns in the stock market by the logic that the disturbance throws off the body chemistry which causes depression and health issues.
Here is what happened today: https://www.swpc.noaa.gov/products/station-k-and-indices
Here is a presentation about it:
The idea is that there is a slight lag after a disturbance where people are less optimistic and more biased to sell. If the market manages to time this with a down turn before hand it could multiply the effect.
This is more of a technicals vs fundamentals type of view. Fundamentally the market appears to be overvalued. That is true. The technicals is that people are potentially to be off and biased to sell over the next week or so. This is possible? Don't make any major stock decisions on this though!jj9000 said:Inflation ain't got nothin to do with the Milky Way, brother.texagbeliever said:
Another random point. A geomagnetic disturbance occurred today. This has been correlated to downturns in the stock market by the logic that the disturbance throws off the body chemistry which causes depression and health issues.
Here is what happened today:
Here is a presentation about it:
The idea is that there is a slight lag after a disturbance where people are less optimistic and more biased to sell. If the market manages to time this with a down turn before hand it could multiply the effect.
https://www.getyarn.io/yarn-clip/0dce4d02-85c7-4fad-b03f-e3cb3ee382faE said:
Is it too late to sell and go away in May then rebuy at lower levels later on?
Asking for a friend...
Thank you OAoldarmy1 said:
I'm saying I bought Puts to protect against big downside and sold covered calls on up to 25% of shares held to offset the cost of the Put premium paid. Something else I do is if I see an opportunity to buy the expiring calls at a pivot point I'll do that for a opportunity to create a quick gain further offsetting put premiums.
That usually is a Thursday or even Friday event with premium decay accelerating.
A lot of mass accumulation holdings you just take it on the chin short term. I switched a portfolio to that model and its fared worse than others short term. Even with hedges there will be losses showing as we go through the cycles.
oldarmy1 said:
A lot of mass accumulation holdings you just take it on the chin short term. I switched a portfolio to that model and its fared worse than others short term. Even with hedges there will be losses showing as we go through the cycles.
Get in line brother. I'll run right next to the rider with the sword coming outta his mouth.Prognightmare said:**** it!texagbeliever said:
Another random point. A geomagnetic disturbance occurred today. This has been correlated to downturns in the stock market by the logic that the disturbance throws off the body chemistry which causes depression and health issues.
Here is what happened today: https://www.swpc.noaa.gov/products/station-k-and-indices
Here is a presentation about it:
The idea is that there is a slight lag after a disturbance where people are less optimistic and more biased to sell. If the market manages to time this with a down turn before hand it could multiply the effect.
I'm hope Jesus returns and let's get this crap over with.
try it again..FJ43 said:
Tried SPY calls on that pivot. Why did I do that? Dumb.
Added puts back and green already.
LOL.. No my puts are green already. My only losing trade today was stupid calls on SPY.CrazyRichAggie said:try it again..FJ43 said:
Tried SPY calls on that pivot. Why did I do that? Dumb.
Added puts back and green already.
Buy puts - hope price tanks or simply to hedge downside. Money goes out with profit infinite.ag94whoop said:
Puts are still so confusing as they just seem ass backwards
I tried turning some puts and I think I made $8 on accident in like 1-2 minutes but I don't know what I did LOL
Mentally.ag94whoop said:
Puts are still so confusing as they just seem ass backwards
I tried turning some puts and I think I made $8 on accident in like 1-2 minutes but I don't know what I did LOL
