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Choose our fate
- Thread starter StarDust9182
- Start date
Quote from oldtime:
laugh if you want, the Mayans were computing 5000 year cycles of stars and planets while the rest of the world was getting excommunicated for implying the sun may not revolve around the earth
...and wiping their butts with their bare hands. So if the world goes poof, what happens to my January naked puts?
http://www.astrologyforganntraders.com.au/blog.html you could get more up to date charts, here is a person using planets and cyclesQuote from StarDust9182:
How does one play the Dec 21 end-of-the-world event. My initial thought was of a calendar spread (for obvious reasons).
Initially I thought of going all-in on Dec SPY puts but there is a technical issue because it is an options expiry date. The Mayans didn't specify a time as far as I know. So if you buy cheap Dec 21 puts they might finish out of the money or in the money depending on the exact event time. If you go a month out, who will clear them for you?
And what if the event was only where the Mayans lived, like a super giant earthquake in their home town into the sea. This would make sense because there could be a tough time selling Mayan long calendars in other parts of the empire, like to the Romans. Maybe this is why the calendar maker was laid off as the market dropped out from under the calendar business.
How does a good trader manage his risk/reward on this particular options trade - Any suggestions?
Life goes on.