Today I’m starting to pick up options again, buying PUTS to open. Remember the last time I was loading up puts on the indexes was in Sept 07, just before the market fell ~20%. Obviously I sold those long ago.
Now the markets have come back up. I think it time to start buying PUTS again.
My analysis is showing good value on these puts, which I bought today:
NASDAQ:
QQQQ: “OZCMC” $55 Strike, Exp 01/17/09. I’m showing at least a 50% return on investment based upon a 10% market drop from here. The risk here is obviously the short time span to expiration.
S&P500:
SPY: “FYNXD” $160 Strike, Exp Dec ’09. I’m showing at least a 40% return on investment based upon a 10% market drop from here
were you the guy who shorted oil a few months ago when it was at around $65?
Yes, he was. Specifically, I believe the purchase was not "shorting oil", but buying DUG inverse shares in energy companies when the price was mid 40ies if I recall (not the same thing as really shorting oil)
were you the guy who shorted oil a few months ago when it was at around $65?
Yes, he was. Specifically, I believe the purchase was not "shorting oil", but buying DUG inverse shares in energy companies when the price was mid 40ies if I recall (not the same thing as really shorting oil)
were you the guy who shorted oil a few months ago when it was at around $65?
Yes, he was. Specifically, I believe the purchase was not "shorting oil", but buying DUG inverse shares in energy companies when the price was mid 40ies if I recall (not the same thing as really shorting oil)
were you the guy who shorted oil a few months ago when it was at around $65?
Yes, he was. Specifically, I believe the purchase was not "shorting oil", but buying DUG inverse shares in energy companies when the price was mid 40ies if I recall (not the same thing as really shorting oil)
were you the guy who shorted oil a few months ago when it was at around $65?
Yes, he was. Specifically, I believe the purchase was not "shorting oil", but buying DUG inverse shares in energy companies when the price was mid 40ies if I recall (not the same thing as really shorting oil)
