In a rollicking sea of puts, I’ve actually gone long something this morning: gold. I have done this by way of January in-the-money GLD calls. Just sayin’.
Long Gold
Slope of Hope Blog Posts
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Santa, Baby……..
Well, as usual, I’m the freak. I’m the different one. I’m the one pushing against the tide. Because everyone on the planet – – from the criminals at Goldman Sachs to the teenage trader-wanna-be’s in basements – – were pointing to the FACT that a end of year rally was GUARANTEED 100%.
Pfffft+Chortle
You can add this one to the ranks of SPAC stocks that were for suckers only.
Remember When Lemonade Was Worth More than IBM? Good Times.
Selling Premium in the S&P 500 (SPY)
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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.
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