KO worst day in years
- Thread starter Clubber Lang
- Start date
Hi @Handle123 ; when you hedge on purchases like these do you simply buy puts to cap max loss of underlying? Anything you're willing to share on what area of strikes and expiration you focus on for a position like this?
I'm not brave or big money so I need to wait for a clue before taking sides. So far nothing.... (but it looks like MM's read your post)
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it's not the recent res or support, it's about 10 yrs weekly timeframe, bottom thrend line imo.
neither i am, haven't made a single real trade , yet
same gap happened with krafts recently, also excactly right to the bottom thrend line.
Too much of a coinsidence, BRK has positions in both, nice shakedowns (?) to get some discounted stocks.
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It's what I would do.
But krafts are now in down thrend, have you shorted it ?
Or you think that everything is ok with fundamentals and its going to reverse to up thrend ?
If so, is that prediction based on volume, any indicators, or just pure price action / your personal expierence , based on past events ?
Thanks.
i would push the bottom line even as low as 2015 september.
I made a little bit buying ATM calls (very small position - beer money! 
) and holding about a week. IV was still around 13-14%. I made about 30% on the trade (1 small loser and 50% winner). Still it was disappointing, considering how much it dropped...
Good trading to all
) and holding about a week. IV was still around 13-14%. I made about 30% on the trade (1 small loser and 50% winner). Still it was disappointing, considering how much it dropped...Good trading to all
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Yeah it's been in an ok up trend and, in my way of thinking, "buy the big dip mode" for quite a while. I do not look at fundyimentals.
And just as an aside related to my trading - only long options - this is hardly a tech stock, but with low IV even a paltry < 2% move can easily bring in 30 - 50% on the trade. Yep I know, works about the same on the downside too. Still I just can't help preachin' from the Long Options pulpit!
And just as an aside related to my trading - only long options - this is hardly a tech stock, but with low IV even a paltry < 2% move can easily bring in 30 - 50% on the trade. Yep I know, works about the same on the downside too. Still I just can't help preachin' from the Long Options pulpit!
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