Home › Forums › Financial Markets/Economics › Got some deep out of money S&P500 puts
- This topic has 8 replies, 5 voices, and was last updated 6 years, 2 months ago by gzz.
March 1, 2017 at 5:49 PM #22291March 1, 2017 at 6:09 PM #805795spdrunParticipant
The catalyst is almost never apocalyptic, more usually cyclical. Neither 2001 nor 2008 started with an apocalyptic event like what you describe.March 2, 2017 at 8:29 AM #805797no_such_realityParticipant
Betting 00 on the roulette table has a 1 in 38 chance and is worth $3150 on a $90 bet.March 2, 2017 at 5:52 PM #805808
If I played roulette it would be on a wheel with only 0, no 00. I’ve seen both.March 2, 2017 at 8:07 PM #805811millennialParticipant
[quote=gzz]If I played roulette it would be on a wheel with only 0, no 00. I’ve seen both.[/quote]Ive only seen that in Monte Carlo. Closest odds against house outside of blackjackMarch 2, 2017 at 11:01 PM #805812HatfieldParticipant
[quote=millennial][quote=gzz]Closest odds against house outside of blackjack[/quote]
Craps odds bet?March 3, 2017 at 8:56 AM #805813millennialParticipant
You’re right, but it depends on the max odds you can put on the back line. You still have to put your frontline/pass bet which only gives you even payout.March 4, 2017 at 6:48 PM #805834
You got me to google this. In europe 37 is more standard (but I remember 38 in the small casinos in spain). in the USA 38 is standard, but 37 is common in high roller rooms in Vegas. Barona is the only place in California that has 37. Vegas Sands has 39, marked 0 00 and S for an extra rip off experience.March 4, 2017 at 7:01 PM #805835
Spdrun, 29 and 87 crashes were sudden even if not apocalyptic.
A natural disaster if big enough could knock out insurance companies, which themselves would have to dump assets to make payments, and have bonds which could lose most or all of their value, causing a financial meltdown.
In 2015 the Chinese market fell about 40% from July to October. The US market never had the crazy run up that China did beforehand however.
I am not predicting any of this, and my put gains would far from offset my equity losses. But in the bull market now some insurance is nice and seems pretty cheap.
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