SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 691.79+0.6%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: #Breeze who wrote (180746)10/14/2022 3:29:18 PM
From: Turtles_win1 Recommendation

Recommended By
sixty2nds

  Read Replies (1) of 221365
 
Thanks mucho Breeze. I absolutely love this type of stuff. I can believe this size of a crash could happen.
The problem is trying to cash in. Option premiums are too high to make a massive amount of money
even if this size of crash happened. Look at the SQQQ call options - EXTREMELY expensive. No way
you can make 100-to-1 even if you bought the SQQQ calls way, way out of the money. You'd have to
buy short duration and that is nearly impossible to time. Still, it is interesting. However, consider that
in 1987 the sentiment was tremendously bullish at the time of the crash. Almost everyone was bullish.
Compare that to now when almost everyone is bearish.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext