Bought 18/18.5 Oct21 Strangle

RipcordLoki
2022-10-11

Tue Oct 11

Picked up the strangle for a spec. Any more downside and this market will likely fall out of bed (which I don’t expect to happen… yet). There’s a good chance that we get a bullish surprise that fuels animal spirits (CPI, earnings, perhaps). If we get the action, this should kick off a few dollars. If not, it’s a relatively cheap play.

Good trading!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • extractoi
    2022-10-12
    extractoi
    these days we should trade safe! good luck to you my dear!
  • historyiong
    2022-10-12
    historyiong
    relatively cheap play also has so many risks, take care!
  • AaronJe
    2022-10-12
    AaronJe
    so what is your porfolio? could you share some nice stocks?
  • DIMCO
    2022-10-12
    DIMCO
    yeah i really agree with you that there has a good chance now!
  • YTGIRL
    2022-10-12
    YTGIRL
    As this this market goes downside, just DYODD
  • Fangxiang
    2022-10-12
    Fangxiang
    K
Leave a comment
15