SW AG80 said:

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Paul Jones is someone I have great respect for as an investor. He essentially explains that considering debt and deficits, we are on an unsustainable path.

He explains in plain speak how all of this impacts bond markets. I cannot do justice to his explanation so - once again, I urge you to watch carefully when you get a chance.

It is a good use of time.

THIS IS FROM A GOOD AGGIE FRIEND WHO WAS PRESIDENT OF A STOCK CLEARING HOUSE COMPANY FOR SEVERAL YEARS. AND ACCORDING TO PAUL JONES, WHEN THE MARKET TURNS IT WILL HAPPEN VERY QUICKLY.

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atmag95 said:

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Is it too late to get into SLV?

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CC09LawAg said:

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Fundamentals aside, I almost expect that if the polls start to shift to Trump, the markets will dip so that the media can run with a "markets crash on fear of Trump dictatorship" or some nonsense.

Not helpful to the discussion but just something I could plausibly see as one last ditch effort to frighten the masses back into compliance. They're running out of ammo.

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Heineken-Ashi said:

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atmag95 said:

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Is it too late to get into SLV?

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No, but it's at the point where gentlemen's entries might not happen. I'd stick to ATM or $1-$2 OTM 2-3 month out expirations and look to get risk free as quick as possible and let the rest ride. Can't recommend buying this very instant, but can't say for certain you will get much of a retrace. Best I can hope for is to draw a trendline from 2020 top to this years May top and use a retrace from current spot to that line as an entry point.

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CC09LawAg said:

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Question for the board regarding net free:

If I am selling puts on a stock, and make a profit of $50, and then use that profit to buy $50 worth of shares of that stock, is that considered "net free"?

Or is that term reserved for when you buy shares/contracts and sell enough at a profit to have the remainder with a cost basis of $0?

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Quote:

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As of October 22, 49 people infected with the outbreak strain of E. coli O157:H7 have been reported from 10 states. Illnesses started on dates ranging from Sept 27, 2024, to October 11, 2024. Of 28 people with information available, 10 have been hospitalized, and 1 person developed hemolytic uremic syndrome, a serious condition that can cause kidney failure. One death has been reported from an older adult in Colorado. This is not the same person with HUS.

The true number of sick people in this outbreak is likely much higher than the number reported, and the outbreak may not be limited to the states with known illnesses. This is because many people recover without medical care and are not tested for E. coli. In addition, recent illnesses may not yet be reported as it usually takes 3 to 4 weeks to determine if a sick person is part of an outbreak.

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EnronAg said:

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me, personally, I would maybe compare it to the Crowdstrike issue and wait a week or so...I would not touch it tomorrow with a 10 foot pole

EDIT - if it continues to bleed down to the $260-270 level, I might look at selling some OTM puts next Monday with the increased volatility paying some decent premium with less downside risk than owning the shares...

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