Bonta
10-04

I opened 4 lot(s) $TMF 20241115 46.0 PUT$  ,Interest rates will still continue to be cut. Taking chance of the drop in tmf to add back my previous tmf positions. Will slowly accumulate more if it drops further. Puts allows for lower strike price to provide for bigger buffer.
TMF PUT
10-04 22:58
US20241115 46.0
SidePrice | FilledRealized P&L
Sell
Open
0.66
4Lot(s)
-84.84%
Holding
Direxion Daily 20 Year Plus Treasury Bull 3x Shares
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  • AnkitJ
    ·10-08
    TOP
    thanks but it is continually falling..you reckon should exit? I don't understand the reason of the fall..
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    • AnkitJReplying toBonta: 
      make sense .. thanks a lot for the  clarification ... much appreciated 👏
      10-08
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    • Bonta: 
      Positive economic news will impact rate and quantum of interest rate cuts. If interest rate cut slow down or stops, tmf will be affected, as previous anticipation is fast and big cuts. Now market realises that cuts may not be as quick or big moving forward. Hence the negativity. That’s y it’s safer to sell put options than directly buying stocks for the buffer of safety
      10-08
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  • AnkitJ
    ·10-05
    TOP
    Good strategy but why Put and not the normal TMF buy m
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    • Bonta: 
      Additional buffer for safety in the event that unknown happens and tmf falls. Unknown such as temp stopping of rate cuts. Tmf is 3x, so any risks are magnified
      10-06
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