Re: Financial topics
Posted: Wed Oct 07, 2020 2:31 pm
Maybe we have the secondary top here.
Shows how strong the buy the dip mentality is.
Shows how strong the buy the dip mentality is.
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Hope you're right. I just bought 50 puts expiring end of October and 100 puts expiring November 20. Strikes between 2470 and 2810. Normally I don't buy puts but I think the risk of a crash in the next few weeks is higher than it's been since the 2009 low. The put sellers seemed anxious to sell to me late in the session and tonight.vincecate wrote: ↑Wed Sep 16, 2020 5:01 pmIt seems like about half the US population is going to think the USA is a complete mess no matter which way the election goes.
To the point that lots of people won't feel safe or willing to take as much risk. Anyway, I have convinced myself that there will be
a big selloff before Jan 20 and my puts will do well.