Stocks are falling... it was just a matter of time. #1. As I have said, a pullback was needed. #2. The ten year yield rising is not good here.
Lions.. I sold $110 strike puts on JPM which are up 28%, $115 strike puts which are up 24.84%, and $120 strike puts which are up 25.9% despite todays market sell off... LEARN HOW TO SELL PUTS! And set up credit spreads.. all in my book.
Pitstop on the way to 40,000
Dont you need a collateral? Although I have 100 shs of JPM, they need buying power to sell PUT.