OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

Averaged down in some SPY puts...only had 2 4/17 $200 for 1.32 avg...shoulda sold yesterday for a quick $90 gain...got greedy and now all of a sudden I have 8 contracts with a $1.02 avg :lol: :smh: please red day tomorrow

I am thinking green morning into red close but let's see.

I am only short with like 5% of my account, the higher it goes the more I'll short with.
 
I'm dumping this relief check into strangles as soon as it hits. This market is so ****ed up.
I'm planning on investing my stimulus if I get it also. This will be my first forray into the market tho.

I'm doing index funds and 1 individual stock that I believe will be huge.

What is strangles?
 
I'm planning on investing my stimulus if I get it also. This will be my first forray into the market tho.

I'm doing index funds and 1 individual stock that I believe will be huge.

What is strangles?
Strangles are an option strategy that involve buying calls and puts at different strike prices for the same underlying stock. Definitely not an investment, and in this market it's essentially gambling.
 
ZM has a security exploit and it’s back up AH :lol.

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