The simplest to start with is covered calls. If you're happy exiting something at price $150 say, and next weeks $150 calls are priced at $3 say, you sell those and wait. If it closes about $150, you're out at the price you were happy with and you have $3 more, which just got you an extra 2%. If the stock stays flat or goes down, you keep it, and you still have that $3, like I said a 2% gain.
yeah, Fidelity sends you a paper book then only gives you access to covered Calls to start (and requires a margin acct), you have to fill out more forms to get full option access.
Does it actually require you to buy 100 shares for puts if its fulfilled?
So far the S&P500 is treating the 2600 mark like an electric fence.
Anticipating there will be a dip in the next month rather than gambling on a specific day
As long as the corpses aren't blocking people from getting to work the market will be pleased.
maybe it will back off and try to get a running start this time...
So I'm guessing holding RCL long is probably not the greatest play here then? I'm up 66% from where I bought and could make a nice gain if I sold now.
Ehh, my Company employs well over 77k people and I have friends at different companies across the industry. I'd very much like to remain employed, tyvm.
I'm skeptical of those numbers. CA reported 1M in 12 days. PA said 540K in a week. Those States are 16% of the US population, yet this weeks report says only 3.3M. I realize the windows are slightly different, and not all States will have the same rate of layoffs, still, if those two are representative that's over 9.6M in the last 12 days.
My guess would be the corona numbers still increasing exponentially means longer and longer before airline travel returns to normal.
If we dip or stay flat tomorrow I'd guess we rise a bit on Monday, and then plummet Tuesday.
The market is full of different traders who are focused on different prices and time frames as important to them, but sometimes superseding factors create solidly defined ranges of prices where those traders as a whole are comfortable with regardless of their focus, and that's how individual numbers become important. Technical trading is all about trying to define those price ranges just by the history of the price changes, and is the most fascinating art/science to the stock market to me.
It's crazy. I threw my $2k in 3 days ago. Might have caught the falling knife. Even if things go to shit, the prices I paid are still good.
Almost certain. you don't move 5.5 million shares of SPY in 1 minute, 27 million in 10 minutes without the fed. Just this morning Powell said the Federal Reserve is going to provide LIMITLESS LENDING to keep pumping the economy up. https://abcnews.go.com/US/wireStory/fed-chair-powell-provide-unlimited-lending-69808314 The dollar is about to be worth nothing at the rate they're going..
Gotta love when volumes jump up by 10x for absolutely no apparent reason beyond getting the S&P500 over its 2600 resistance.
