Comes by into this morning I had one of those twice per year gut feelings that a turn is coming. I had been busy (day job) and four minutes before the markets closed I purchased 10 $SPX sept 2850 puts @ 23.50.
Just now I re-logged into my account I see those same puts closed at 25.85! Options are a discounting mechanism.
This market grind down tomorrow. For how long and the extent I have no idea. A turn is at hand...
Holy Cow
Started by
cycletimer
, Aug 21 2018 04:12 PM
2 replies to this topic