Mrlobaloba
2022-02-20

Im gonna buy puts!! Lets short some high PE companies. We can make money both ways. Remember that

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Comments

  • KarenAldridge
    2022-02-20
    KarenAldridge
    Which companies do you recommend? Indeed, many companies' P / E ratios are too high. Their value is clearly overestimated.
    • Mrlobaloba
      Go for those with high valuation tech companies. The ones that rise the fastest in 2020 will likely fall hard too
  • MamieBenson
    2022-02-20
    MamieBenson
    You seem to have found a good chance to make money! I wish you can harvest a lot of money!
    • MamieBensonReplyMrlobaloba
      That's great! Learning while operating will accumulate a lot of experience.
    • Mrlobaloba
      I have been day trading options. I aim for $200-$400 profit daily
    • MamieBensonReplyMrlobaloba
      That is great! I have always believed that option trading is a matter that requires in-depth analysis, so I have been afraid to try. : )
    • MrlobalobaReplyMamieBenson
      I started to really understand by paper trading. Once i know how it works, i started learning option greeks. Then i put in some real money to test. Im still not great at it but i can still earn $$
  • DaisyMoore
    2022-02-20
    DaisyMoore
    Is there a greater risk of doing so? The high P / E ratio shows that the market is optimistic about its future development.
    • Mrlobaloba
      It is great when rate was close to zero (in 2020), but with FED raising rates in March 2022, all indices has started to drop alot in end 2021- early 2022
  • Mrlobaloba
    2022-02-20
    Mrlobaloba
    To be honest I have no more “Longs” in my Tigr portfolio. Sold all in January. I have started buying puts either weekly or few weeks out. it is dangerous to HODL now since the bottom isnt in yet IMO
    • PorterLamb
      I quite agree with you. I am also quietly waiting for the lowest point.
  • BettyT
    2022-02-20
    BettyT
    It’s seems a good idea. 🤔
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