$GRAL Another tale from the "short vol graveyard" - a trader sold 100 of the Feb $75 puts for .20, a $2k credit that is looking like a $200k loss. Ouch
The Hawk hath spoken - those $GRAL Feb $75 strike puts were bought to open. Will have to retitle the seminar to "How to turn a $2k debit into a quarter-million win"
$GRAL Another tale from the "short vol graveyard" - a trader sold 100 of the Feb $75 puts for .20, a $2k credit that is looking like a $200k loss. Ouch
$BTC it's not complicated why Bitcoin is crashing. The only established use case for BTC is to facilitate criminal transactions. Criminal organizations have transitioned from BTC to stable coins, removing a large buyer from the BTC mkt. This leaves only "price go up" speculators
$QURE a day later my positions are over +100%, thanks to short put spreads & long call spreads. Not content w/that return in < a day, I'm going to press my luck
$QURE I like buying the Apr 30 calls, selling 2x of the 70c and buying 1x of the 90c for around $5.00. Can also sell the Apr 20/12 put spread to largely off set fly debit, but obv run risk of being wrong twice
$GLD The volatility paradigm in the equity market seems far too sanguine given the massive and relentless move in gold. At least one of these two levels is wrong