ooof, could be an ugly week then!oldarmy1 said:
$2.6Billion sell side at close
If it tanks hard (another $10-15 doubtful) then I'd sell the Puts and buy back the covered calls to bank the premium decay gain and then make a decision about letting it get through the turmoil long or reposition a Put $2-$3 in the money 45-60 days out.FTAG 2000 said:
oldarmy1 -
Set up on SCHW (stocks, covered calls, and bought protective puts with the profits on the calls).
How should we play that one going forward? Ideally it runs back up the puts worthless and profits locked in, but how to handle the downside risk? Net it out at reduced cost basis?
TIA
A year ago CPI was really hot, but with them changing the way they calculate it now, I'm expecting a benign number tomorrow.Farmer @ Johnsongrass, TX said:
CPI..
You know it! Eyeballing a couple new Jackson Kayak's. She'll make me buy her a pink one I am sure.ProgN said:
You have to get ready for summer tube time.
CPI 0.4% M/M, Exp 0.4%, Last 0.5%
— Blake B. Millard, CFA (@BlakeMillardCFA) March 14, 2023
CPI Core 0.5% M/M, Exp 0.4%, Last 0.4%
CPI 6.0% Y/Y, Exp 6.0%, Last 6.4%
CPI Core 5.5% Y/Y, Exp 5.5%, Last 5.6%
Headline #CPI moved down for 8th consecutive month in YoY rate of #inflation & prints slowest annual increase since Sept 21 (5.39%) pic.twitter.com/kroCrkG4CS
done, lolRagoo said:
Watching for Mara to get back over $7
<laugh/cry emoticon>Quote:
Futures still higher
I see what you did thereFarmer @ Johnsongrass, TX said:<laugh/cry emoticon>Quote:
Futures still higher
MoM,...came in hotter. (oh boy)
It's YoY that counts and that's why it's green.
Always someone moving the goalposts.
