Follow Pelosi’s trades!
Insider data is not for thee...
Options are expensive and low volume, I try to stay away from meme stocks.
Yeah, the volume is a concern. I was thinking I'd keep rolling the contract to higher volume strikes to avoid not being able to sell...of coarse if it goes to plan
www.hunttalk.com
I went in on a 2k contract this AM. 330 Put with 7/18 expiration. I hope it does...May roll depending on how the day goes and take some profit/reduce some risk. I was hoping SJ would recommended another spread lol.It can get worse, a lot worse.
Anybody Buying Yet? Where’s the Bottom?
man... look at these sales! This one is getting ready to auger into the hillside. No sweat for Ernest 3 though, boomer daddy should have a couch to sleep on...
Tradeable double tops don't come four years apart. That line you drew is 6 months long and you bought a put that expires in 23 days. There might be some resistance at 330 so it doesn't mean you can't/won't make money. Just means that chart is a questionable means of decision making. If I had that trade on I wouldn't be too greedy. There is some support around 290. Good luck.
I thought it might be the double top of the decade...
Out of the loop. Is that the next time tariffs hit again?
Yes, 90 day mark for reciprocal tarriffs, China's due date comes in August.
The real question, is taco going to be the main topic or is it going to be like the first go around. Part of me thinks it will only be a small blip
Tariffs are such old news in the new regime of TicTok investing. They resolved themselves I guess. Onto new highs.
Sells options on NDX futures. That means the taxability of Div will be 60/40 LT/ST. You should read the prospectus to determine what kind of constraints the portfolio managers have and what kind of upside limitations and downside protection you have to get that income.
Thanks for your response. I did read the prospectus, before posting. It seems the option trading limits the upside (obviously) and little protection on the downside. They are also able to harvest losses which get returned as a return of capital reducing the basis in the asset.
I have been accumulating/growing retirement assets my whole life without ever thinking of a strategy of how to actually liquidate the assets as needed for retirement, and going all into a "safe" bond or dividend investment is hard for me to swallow.
