10/22 Thread (BC):

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Shorting snap equities again here. Bought lotto calls end of day yesterday, sold those this morning and also bough out my short equity position AH yesterday. 38.6 key level for higher breakout and $40 test.

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See that AH move? 40 possible tomorrow.

BC: Those T calls must be looking pretty good today!

I took a higher strike, but got out for 70%. Thanks BC

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@BCwhy not arb VIX and UVXY? Short VIX and long UVXY delta neutral since that gap will close due to backwardation

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Additional Posts in Option Traders & Investing

There’s gotta be some strategy to play this. Either stock buying or options play. Give me some strategy here BC

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Does Amc and gme close after today ?
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I’m seeing lots of posts about really bad losses. If you trade you’re going to lose money - hopefully not all the time, but many positions will be mistakes. But you need a process to find ideas and manage positions. Two books you should read are “The New Trading for a Livinng” and “The Laws of Trading.” Both look at psychology, process, and risk in different ways that can help you work out your own process. The next 18 months will be much harder than the last 18 - time to start learning.

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A friend sent me this. Thought I'd share, but I can't attest to it's validity.

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Earlier Gamestop was supposed to file for bankruptcy, now they could make many more file for bankruptcy.
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