I bought SPY $294 calls which expire March 31, 2021
GM
How to play a position. If you put on a big gain early on you can choose to close half the position pull a profit and ride the other half. You could also choose to close the entire position and lock in a full profit. You can also choose to hold onto it...It’s all about risk tolerance. Moreover, I would suggest buying options which do not expire for several months. The farther out you buy, the less risk. -CONSIDER BUYING OPTIONS WHICH EXPIRE 8 MONTHS OUT OR LONGER TO MINIMIZE RISK AND REMEMBER! IT IS NEVER WRONG TO PULL A PROFIT… Your job as a trader is ONE THING... TO PULL PROFITS… PERIOD.
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Please trade wisely.
GM
Greg the market is gonna drop this month to below 2700.
That is a big buy opportunity because we will see new ATHs in a parabolic run up.
Nasdaq will do the bitcoin move.
btw - interest rates are bad for stocks, look up Carrefour SA and Daimler AG those are just some of the biggest companies in EU a big short sell bubble - interest rates.
👍🤓