Did anyone short sell a regional bank and get burned today?
- Thread starter Cabin111
- Start date
No. I shorted individual names after fomc presser and covered yesterday.
Yes but small. Covered half way.
Too much of my portfolio is already loaded up with banks... I don't want to touch that sector and risk getting even more over-weighted.
So it's been 1+ mth. since that May 4 incident, is there still want to buy Option Put on this sector? Do you people think the whole crisis is over
To be honest, The Great Financial Crisis is not even over. We only kicked the can down the road with never-ending QE rescues (which were PROMISED to be a one-time only event)!
The problems that Greece caused is not even over... and that's after sucking down all of Europe to bail its greedy liberal voter/politicians out.
But as for PUT options, I don't think there has ever been a time I have BOUGHT PUTs, aside from a fat-finger order. Now if I had the same resources and insider information as Dalio or Soros, then that would open other possibilities.
The problems that Greece caused is not even over... and that's after sucking down all of Europe to bail its greedy liberal voter/politicians out.
But as for PUT options, I don't think there has ever been a time I have BOUGHT PUTs, aside from a fat-finger order. Now if I had the same resources and insider information as Dalio or Soros, then that would open other possibilities.
