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Did they show you any of the data or just put a label there blaming retail? Also, what was that also retail buying Puts in the 2020 spike? I sense an agenda there and nothing more. But, retail is also wising up much faster and I'd almost argue Hedge Funds can be dumb money now.
This environment is now 'sell the fvcken rip'. The game is get the little guys bearish squeeze them short then sell them short on the covering rally. Rinse then repeat until the dumb money is wrung dry. @Voodoo buy a clue mate, you are fighting pirates.
The man that pulls the trigger bears the blame and consequences of his actions/decisions.This is the man that will start it.
This will not age well.
Clearly you did not watch the interview either.
And winning, well at least a draw so far.
Screams buy some Put protection yet you claim that is for suckers. Try some consistency for a change eh mate?
Have a friend that does the programming of the trading computers. He is not allowed to own much in way of investments...... He is paid VERY WELL!Also, typically when you buy an option you are up against a "market maker" providing liquidity for you to trade.
Meaning that
A.) The computer you trade with has calculated a lobsided deal in its favor given current volatility.
B.) The computer that you trade with will hedge it's book. (programmed not to lose!)
C.) The computer that you trade with will defend itself if a crowed expiry is coming up. (get long it's book to trigger a rally near option expiry)
D.) This is Vegus and generally you are going against the house in the options market.
So you need to write a strategy that wins more than it loses, simply buying an option isn't that... 80% expire worthless!
Since when does Biden explain what anyone said? He doesn't even know what he said.Sounds like this lot are justifying an up coming sucker punch...
What's the story on the Bloomberg Terminal... 'until now'...?
@Voodoo you do understand that there is a lot of ground between a crash and bear market? You do get that options are time sensitive and that 80%+ of them expire worthless? You do get that the more ups and downs this has on the way down the more that The Street makes off of retail? You do understand that retail, due to small account size are ALWAYS the weak hands? AKA sell the rip when they get squeezed?
BTW you'd be better off selling calls on rips than buying puts... on average 80% of what you sell you will keep. That is a good return.
Currently everything that is driving this market is known, crashes come from the unexpected, the Fed is signalling hard so unless you are betting on a nuke going off or a major bankruptcy that the CDS market and the stock market are not discounting you have to ask yourself what do I know that the market doesn't? For most all retail accounts the answer to that is nothing!
Sure buy dirt cheap way out of the money puts just in case Europe go bang... but insurance isn't a great trading strategy over all. For the rest I'm pointing out that put's are a crowded trade at the moment and most all of the time crowded trades don't pay. Maybe this time... but...?!
Currently everything that is driving this market is known,
Also, typically when you buy an option you are up against a "market maker" providing liquidity for you to trade.
Meaning that
A.) The computer you trade with has calculated a lobsided deal in its favor given current volatility.
B.) The computer that you trade with will hedge it's book. (programmed not to lose!)
C.) The computer that you trade with will defend itself if a crowed expiry is coming up. (get long it's book to trigger a rally near option expiry)
D.) This is Vegus and generally you are going against the house in the options market.
So you need to write a strategy that wins more than it loses, simply buying an option isn't that... 80% expire worthless!
Not lookin' real good.
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