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Karliin's avatar

Possible to do a video on how to set up credit spreads and sell options as its not totally clear in your book. thank you

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William Stephen Blackwell's avatar

Incredible, Today is a slow motion PAN SELLOFF!!! LIONS, let this market bleed off and before close today load up on your favorite stock CALLS!!! Markets going WAY UP after today!!!

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PDA's avatar

Yo William,

- Keep in mind VIX expiration is Wed.

- QQQ/RUT are now negative gamma ( expect bigger swings).

- No meaningful hedges to 4100 SPX.

Your premise might be correct BUT there's a lot of market to burn off first.

Let this week's volatility work in your favor.

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William Stephen Blackwell's avatar

Thanks Paul watching closely!!!

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PDA's avatar

Take a peek at UVXY

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Markinthelight's avatar

You be awesome.

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Apr 19, 2021
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BruceH's avatar

Each trade requires and uses a certain amount of Buying Power. Total cash you have in your account equals total Buying Power.

In order to use options, you have to request with your broker.

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