I still don't understand how you get paid on Instagram? I saw advertisement from this wolf millionaire guy that seem to be involved with Timothy Sykes. I just figured it's probably to good to be true and did not look into it more.
The time for them to raise rates into a strengthening economy has passed in my opinion, they can't keep them low forever so they are going to be forced to raise them in a somewhat weakening economy that looks like its getting stronger now but really isn't, but no one knows if they are really...
I bought call options on ICE because I thought it would go higher. It got bought out and made 8000.
When I first got into trading I bought a penny stock made 10,000 got greedy held it and lost 12,000 the next day
I don't think anything will give you more edge then trading options. There is always trades out there to make where you have an edge. It will take lots of time and mistakes but once you master it you will be ahead of everyone else who doesn't trade or fully understand them.
I believe the only way you can have an edge buying the straddle is with individual equities because you can predict the rise in IV going into a earnings event. I don't think I would ever see a reason to buy a straddle on the SPY.
How long are you typically holding the position for? I would probably say buying the OTM call spread would be your best bet for this type of strategy because the IV is going to be elevated during these dips.