And ... it did not last too long, I think someone was also watching this strike vol creeping up and as I was writing the post lifted all bids on the line.
Update: 7.5 hours left, and buyer is back with 600 contract bid at 250% vol. What is going on? Does someone knows something others don't? Is someone forced to hedge margin? There certainly not many sellers left.
Update: And the contracts traded; markets @ 0.0005 x 38
Final update: Expired far far otm.
Hi. Great comment. I don’t have all the answers. My thoughts are as follows:
ReplyDelete1) If Feb or Dec 2018 caused massive losses then… you traded too big and too aggressively.
Many people (not me) actually made money in those months.
2) I don’t think there’s any other way to trade than to pick your spots and be patient.
You’re also reducing risk by being patient.
I trade much less frequently than I used to, yet my results are the same (and I have less stress).
If you’d like to discuss, you’re welcome to book a call https://beststockstrategy.thrivecart.com/30-minute-call/
or take the alerts at
https://beststockstrategy.com/memberships/