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Thoughts ?
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Buy first, Ask later
Yeah. I wouldn’t.
I’d wait to see if that bounce from Friday is a counter rally/reversal/covering. Could be a retacemt inbound and I can even see the rally extending higher or bit longer than preferred to really screw everyone over…
Calls will suffer to Vega collapse. Puts with Theta decay and Delta on a rally, even if it does crash down again after.
Yo while it’s lo!
I’m waiting to see how the morning shakes out. I feel we may have a rally before a major sell off
We saw the highest put volume since ’92 on Friday. When everyone piles in on one side, you can expect them to get fucked. Buy calls
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I have a feeling that a huge portion of casual traders will only just now be taking in the news of the post-rate hike dive, and will be poised and ready to sell off as soon as markets open Monday. That’s not far off from what happened on Sept 29, 2008 (with different context of course). If that happens, I could see an all out free-fall happening over the rest of the week. Whether that lasts for a week, months, or a year is anyone’s call. But even if that does happen, there’s sure to be a few rallies on the way down. And undoubtedly one is certain to occur days before my 26 Oct puts expire. That’s just how things work.