Well the market is the market too, so be carful. I've been buying more short term calls since January (and then buy more as they are ready to expire) I probably spent about that much by now. The most recent one really took off & so I rolled it out to buy more. (I had an order in where I took a little out & sell it on a spread to buy double as many of some a little further up & out - now I'll put an order in for that one)
If this is really the beginning of that crash then it should really multiply a lot. If it's not I took a little out so I'll keep buying one every month. We have to figure out an exit plan though too fren. When Trump does get back in, IDK if he will let it go all the way to zero. He just wants the corrupt members out, after that he may help them serve a good function. I have no idea at this point but as things change we have to keep abreast of these things
But yeah if the financial markets hit zero then FAZ hit's infinity. lol I doubt they will let that happen but the upside is certainly better than s&p puts plus FAZ is financial markets only. Trump will certainly not want to let the whole market crash
Oh shit! I didn't realize you were the guy who told me about FAS/FAZ the other day. I am so glad I listened to you instead of buying S&P puts.
It really looks like FAZ can go through the roof if the marked takes the shit it is designed to take.
THANK YOU!!! I am seriously so stoked to have learned about FAZ in this era of BRRRRR!
Well the market is the market too, so be carful. I've been buying more short term calls since January (and then buy more as they are ready to expire) I probably spent about that much by now. The most recent one really took off & so I rolled it out to buy more. (I had an order in where I took a little out & sell it on a spread to buy double as many of some a little further up & out - now I'll put an order in for that one)
If this is really the beginning of that crash then it should really multiply a lot. If it's not I took a little out so I'll keep buying one every month. We have to figure out an exit plan though too fren. When Trump does get back in, IDK if he will let it go all the way to zero. He just wants the corrupt members out, after that he may help them serve a good function. I have no idea at this point but as things change we have to keep abreast of these things
But yeah if the financial markets hit zero then FAZ hit's infinity. lol I doubt they will let that happen but the upside is certainly better than s&p puts plus FAZ is financial markets only. Trump will certainly not want to let the whole market crash