ES Journal - 2023/2024

all the big techs have one thing in common, CHINA, including google and facebook. if things get ugly, 301k is an high number and see you at 101k.
Mervyn... at first I was a bit skeptical of you, if only because I never really read your posts... but since our comedic Kroger dialogue (at least on my part somewhat comedic)... I have come to respect you very much. You're no rookie.
 
That's been part of this whole run. Puts have been extremely cheap the entire time. Market has been assuming/pricing in zero risk. If it ever were to fall 2% in a day (which is impossible) one would make a fortune.

Will you put real money where your mouth is and buy calls, or at least stocks, on this symbol?

No. Because you do not really trade.

You're a dumbfuck, and I do not understand why VZ is tolerating you in this thread.
 
That's been part of this whole run. Puts have been extremely cheap the entire time. Market has been assuming/pricing in zero risk. If it ever were to fall 2% in a day (which is impossible) one would make a fortune.
"Puts have been extremely cheap"

Huh? July 19 puts on SPY and QQQ are equal to the calls. There's a little thing called a dividend payment between then and now. It's about $1.20 on the SPY. Check the option chains and break out a calculator.

$542 calls are $7.72
Subtract $0.45 (Closing price $542.45) = $7.26
Subtract $1.20 dividend... =$6.06

7/19 $742 SPY puts---> $6.07

... Just sayin'
 
Will you put real money where your mouth is and buy calls, or at least stocks, on this symbol?

No. Because you do not really trade.

You're a dumbfuck, and I do not understand why VZ is tolerating you in this thread.
Relax. He's ok. Just new at things.
 
Back
Top