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Alec_NonServiam t1_iydw5d2 wrote

Oh hey, it's funny rebubble meme man!

Shit man, your YTD looks better than mine. You called basically the exact bottom on Covid too, GG.

Plays on FOMC week?

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NoMoreLandBro OP t1_iydx0xc wrote

No specific plays, I try not to guess week to week. The longer out you are predicting a trend, the better chance of success.

If I had to guess, JPOW going to say some shit to shock the markets. I think he wants the SP500 down to 3,000.

So, I am short, see other comments in this thread for my specifics, but the shorts are not short-dated puts. My puts are for 6+ months out. So I’m wrong, I’ll just sit and hold. I wont get margin called I have 250k cash in t-bills. And only shorting around 100k.

If we get a Santa rally, I plan to sell ITM naked calls on tech stocks and buy deeper OTM Calls to hedge my downside risk. Santa rally will pump up IV and in general you want to sell options into high vol, and buy options in low vol times.

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