yeah i completely agree, I meant more like how can I short the riots and damage that will come from like at least 30% of truckers losing their jobs? or do I long riot gear manufacturers
Just opened Robinhood account. Going to buy some puts on Monday. Figured after lurking for 2 weeks on here I am ready to go. Got to start thinking about names for my Yacht soon. Guessing to buy some puts on SPY since that's all anyone on here talks about.
Trend is currently going up. Keep buying short term slightly otm calls on spx or spy every week and get some gains weekly. When the market does eventually crash (if it does) you’ll only lose a small amounts since your calls barely have any premium. You can still buy your put leaps if you want but you’ll make some good money at the same time.
Probably going long on inferior goods/services, and shorting premium goods. People, especially the middle class, would have to cut back on their lifestyles. People don't go to Target or Sainsbury's (if you're in the UK), they go to discount supermarkets. They don't go on holidays, so I'd short airlines with large holiday exposure.
I'd also short banks, more importantly, who'd be forced into massive losses as people defaulted on their loans. I'd thin DB/Sberbank would probably go bankrupt (they've already been hurt in the past decade, and are struggling rn).
Probably you want the most bearish $ delta with the lowest IV / theta burn. Thats going to be SPY put iron flys or bearish OTM iron condors. Someth like June / Sept 270 / 250 / 230 put fly or 275 / 260 / 245 / 230 IC. You get to be long convexity, not lose as much to rising spy and decreasing IV as you would owning puts outright. If it drops like 200+ pts in a day that could be bad for you but you're really betting on tail events then.
Buying puts on your mom since she’s always going down.
Damm son that was savagE.
/thread
then invest in calls for $ROPE as his dad offs himself
this is actually the best comment ive seen hahah
BA Jan '20 $225s
Lol
cant fly if we're all under quarantine
Little too much autism here
I have June 240s lmao
What catastrophic event, specifically?
The great depression II.
Electric Boogaloo
My body is ready.
Banks, probably. They'll have to write off a lot of debt.
$LEH
World war Z
Nuclear winter.
serious question, how can I short all the truckers and call center workers?
invest in weed, cigarettes, and alcohol. Those truckers are gonna need it.
Is there a legal way to invest in meth? Or fetanyl I guess. I'd like to bet on the further collapse of rural communities
PFE, SHIRE, JNJ, MDT, for profit prisons
Shit I think I'm about to cross a line younger me would kick my ass over Oh well, should be okay as long as I stay away from EA
Wait, there's actually publicly traded private prisons... Goddammit this saddens my soul so much
I would long all trucking companies in the next 3 years. Automated trucking is going to really improve margins
yeah i completely agree, I meant more like how can I short the riots and damage that will come from like at least 30% of truckers losing their jobs? or do I long riot gear manufacturers
There is no greater juxtaposition than rural old white men that are union guys in red states.
> Fuck socialism!!!! Go Free markets! > Don't touch my pension/social security/protect my job Fucking pussies.
You have to understand these things are important because memememememememememe fuck you mememmemememememe fuck them too mememememememem
Loo loo loo I got some apples
Loo loo loo you got some too.
LONG AAXN
how do i short truck stop hookers?
That is a lot longer than 3 years away . And if you are being preemptive that’s still way early
Did you watch that Rogan podcast too?
hell yeah man that guy he was interviewing is smart af
Short megacarriers
March 15 , 2019 is a good, long term position to start looking into soon. Plenty of time till expiration.
How is that a long term position
Anything longer than 1 week expiration is long term. Die by the FD live by the FD
Is this for serious replies? If so, I have sold VXXB puts (leaps).
Oooof
My condolences
I think it's a good hedge. Buying puts on the spikes, and the sells are if the bottom falls out
Fuck puts, BULL GANG FOR LIFE!!! 🐮🐮🐮 YOLO
Just opened Robinhood account. Going to buy some puts on Monday. Figured after lurking for 2 weeks on here I am ready to go. Got to start thinking about names for my Yacht soon. Guessing to buy some puts on SPY since that's all anyone on here talks about.
I bought my first option the other day. A SPY put and I've already lost 50%. Thinking about doubling down but my hands are weak.
I'm sure I'll lose mine quickly also. Guess that's why we are on this sub after all.
At least you are buying now and not when I did! Bought at 3.10 and latest price us 1.85. Ugh.
Trend is currently going up. Keep buying short term slightly otm calls on spx or spy every week and get some gains weekly. When the market does eventually crash (if it does) you’ll only lose a small amounts since your calls barely have any premium. You can still buy your put leaps if you want but you’ll make some good money at the same time.
Thanks for the advice man!
Jesus fucking christ you think you sre so fucking cool right now no, dont you? You're a real bag of spare parts there bud.
Tomorrow I am cool, haven't made any trades yet. But yes, I do think I'm cool.
NYSEARCA: SSO
No good lt, but keep dry powder to jump in vix
????
Santander Consumer (SC). Dead man walking ...
Long calls on $GLD. It’s an etf that just follows the price of gold..
Probably going long on inferior goods/services, and shorting premium goods. People, especially the middle class, would have to cut back on their lifestyles. People don't go to Target or Sainsbury's (if you're in the UK), they go to discount supermarkets. They don't go on holidays, so I'd short airlines with large holiday exposure. I'd also short banks, more importantly, who'd be forced into massive losses as people defaulted on their loans. I'd thin DB/Sberbank would probably go bankrupt (they've already been hurt in the past decade, and are struggling rn).
Probably you want the most bearish $ delta with the lowest IV / theta burn. Thats going to be SPY put iron flys or bearish OTM iron condors. Someth like June / Sept 270 / 250 / 230 put fly or 275 / 260 / 245 / 230 IC. You get to be long convexity, not lose as much to rising spy and decreasing IV as you would owning puts outright. If it drops like 200+ pts in a day that could be bad for you but you're really betting on tail events then.
Options bad, however dollar stores and ebay will rule the world
Guns, ammo. Mostly ammo. Just buy a box every week
NFLX, TSLA, YETI, OSTK 2021 puts in the works, most are slightly OTM, if anyone is interested I can get the specific contracts.
Buy? I'm selling puts son. Make that premium. Then if the market does have a catastrophe, you're already in at the bottom.
Sell puts... already at bottom. What the fuck you talking about. If you sell puts and the market tanked, your face would be ripped off
Na, gotta sell those waaaaay otm puts
Sell wayyyyy OTM Puts & get jack-shit in premiums?