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JWN puts...you’re a genius.
I did not lol
Are you re-entering again today?
Bowl Leader
I haven’t closed, but plan to continue to add to Dec 18 $28P position. Happens when you’re in 930 video call meetings :)
Really should have closed out the 12/4 this morning haha
Bowl Leader
It’s a light volume day on JWN - don’t believe the move.
Bowl Leader
Starting SMH $215 puts here.
Bowl Leader
Oops left that out - Feb
Visual Storyteller
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?
Bowl Leader
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?
Bowl Leader
Yes