You can add this one to the ranks of SPAC stocks that were for suckers only.
Slope of Hope Blog Posts
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The CBOE Volatility Index (VIX), otherwise known as the investor’s fear gauge, is once again hovering around 20, a number that typically bodes well for those who predominantly sell options for a living.
Credit spreads are great strategies for this market environment, particularly for those who prefer risk-defined options strategies. I’m going to focus on a bear call spread today.(more…)
Why do I give these ideas away for free? I must be an idiot. I should honestly just leave funny videos and anecdotes for free members and restrict trading ideas to paying members. I think I’d better do that from now on. So, free members, if all you see is funny videos and dumb stories from my life from now on, it isn’t because I’ve stopped charting. What did Joker say? “When you’re good at something, it shouldn’t be free.” Something like that.
Anyway, here was the idea – – in which I said “DoorDash (DASH) is going to reverse hard from here.” The arrow marks the idea. You can see what happened next. Doom-o-rama Put holders made a fortune.