Black Monday

Does the rally start Monday Tuesday or Wednesday, who knows, either way would want to get long sometime before Wednesday afternoon and sell expiration Friday afternoon, too many fat ITM puts that need deflating.
 
Quote from Mvic:

Does the rally start Monday Tuesday or Wednesday, who knows, either way would want to get long sometime before Wednesday afternoon and sell expiration Friday afternoon, too many fat ITM puts that need deflating.

Yes, I can see the dumb ass FED doing their "pre-meeting rate cut .50-.75 cut Thursday night like Aug. 17th right before expiration. Would be too easy milking out those puts in the money everyone and their mother has. Plus you got screw the guys late to the bear party.
 
LOL

Another black day thread...

I am going to listen to some Soundgarden just for you guys.

Shit, who knows at this point what to expect...at least for the very short term.
 
Quote from pumpanddumper:

Yes, I can see the dumb ass FED doing their "pre-meeting rate cut .50-.75 cut Thursday night like Aug. 17th right before expiration. Would be too easy milking out those puts in the money everyone and their mother has. Plus you got screw the guys late to the bear party.

Are you suggesting the Fed isn't 100% on the up-and-up. I'm shocked.
 
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