03-30-2020, 11:54 AM
(03-30-2020, 11:14 AM)Otter Wrote: Bought some 01/21/2022 UUP 25 Puts today. If the dollar even touches the December, 2018 lows during this money printing spree, these should print.
There may be near-term strength in the dollar (there was at first in 2008), but eventually the money printing has the expected effect.
I'm not informed enough to trade those. I just want you to know your trades the last two months are depressing but I am listening. I've had a wonderful last ten days and caught some breaks on long positions. I just bought another SPY put and I am hedged some more. I've lightened up gradually on longs as the tape blows though countless small limit sell orders to my surprise. My next day off I am going to bury some gold in the back yard. Enough to buy a mobile home in the Minnesota woods were I can fly fish for the rest of my life lol.
This market is crazy volatile. I've never seen anything like it. It is more than a little different this time.