SPDR S&P 500 (SPY): Good for you, Ang, as a perma-BEAR, I&#3...

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Re: AnG5640 post# 250858

Thursday, 02/01/2018 5:08:45 PM

Thursday, February 01, 2018 5:08:45 PM

Good for you, Ang, as a perma-BEAR, I'm kicking myself for not just holding puts the last couple of days and was all calls given FB, AMZN, AAPL and GOOGL's earnings...I figured a big RUN-up into those earnings. I was sitting pretty today UNTIL the sell-off that started at roughly 1:30pm, off course while I was out running errands...SMFH!

Needless to say I added heavy QQQ and SPY calls to average-down at the close...

Given the earnings, I'd say CALLS tomorrow because AMZN killed it (1500 tomorrow), AAPL was solid, and although GOOGL missed, revenue was up and they announced a big buyback.

We'll see, but the market is looking the weakest I've seen it in a long time...those dumps just keep coming...will definitely have puts for next week.

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