12/2 Thread (BC):

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JWN puts...you’re a genius.

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I did not lol

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Are you re-entering again today?

I haven’t closed, but plan to continue to add to Dec 18 $28P position. Happens when you’re in 930 video call meetings :)

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Really should have closed out the 12/4 this morning haha

It’s a light volume day on JWN - don’t believe the move.

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Starting SMH $215 puts here.

Oops left that out - Feb

BC - I have 16/18 call debits on UVXY for 1/15/20 which I have been averaging down to $.30 cost basis now. Yet I'm still down about 50% - do you think it's too out of the money and I should try salvaging what I can?

What uvxy did in 2020. Similar spikes in prior years as well. My plays with higher than avg volatility have always been buying it in the money.

@bc is JWN puts still a play?

Yes

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11/3 Thread (General) :

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3/23 Thread (General):

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My play for next week:
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Highly Technical Market Sell-Off - Though, it has picked up over lunch and I suspect that short term turn is in near. Old floortrader told me once, never trust a market that is making new session highs or lows during lunch. That's not normal. This might not be a normal day; but we do need to rebound to get another opportunity into the short trend. So, count on it. The last draw is more suspect as it hasn't been proven to exist yet. So, we will see how we look when we trade 9855.75 on NQ.

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