Liberal Forum

Have you prayed at the altar of FJB and the FR today?

    your "I told you so" will happen eventually!

Fuelman » 10 Jul 2024, 9:49 am » wrote: ↑

10 Jul 2024, 9:49 am

    your "I told you so" will happen eventually!

I didn’t short the SP at 5400. I don’t think my prediction on the VIX will come true but SLV should be looking ripe for upward momentum now.

 

LowIQTrash » 10 Jul 2024, 12:07 pm » wrote: ↑

10 Jul 2024, 12:07 pm

I didn’t short the SP at 5400. I don’t think my prediction on the VIX will come true but SLV should be looking ripe for upward momentum now.

Good thing, these markets could surge another 10%.

DOW 39,721.36‎+429.39 (+1.09%) 
S&P 500 5,633.91‎+56.93 (+1.02%) 
NASDAQ 18,647.45‎+218.16 (+1.18%)

Nice day to have a wad in the markets.
 
 

Fuelman » 10 Jul 2024, 5:52 pm » wrote: ↑

10 Jul 2024, 5:52 pm

Good thing, these markets could surge another 10%.

DOW 39,721.36‎+429.39 (+1.09%) 
S&P 500 5,633.91‎+56.93 (+1.02%) 
NASDAQ 18,647.45‎+218.16 (+1.18%)

Nice day to have a wad in the markets.

I have an acquaintance who bought 1 short expiration put. +1% in SP 500 = -60% in put value

Scary stuff

Even if you bought a put with a 6 month expiration, -1% => -8% minimum in put value 

Looks like all short theses should be on hold...