Basics of Options
PE : Put Option
Buying when View is Bearish
Selling when View is Bullish/Sideways
CE : Call Option
Buying when View is Bullish
Selling when View is Bearish/Sideways
Time is Friend while selling
Momentum in right direction is Friend while buying.
In my 20 plus years in Formula One as sponsor and Team Principal, I have never ever witnessed a miracle that happened today. Have seen race leaders retire on the last lap but this was beyond incredible. Gutsy strategies do pay off. Such a boost for Formula One.