Recent comments in /f/wallstreetbets

Sunnyhappygal t1_ja9ojd4 wrote

It's really simple. If you think the market is going to go up, buy some shares. If it goes up a bit, sell some calls off those shares. If it goes WAY up, buy some puts.

If you think the market is going to go down a bit, sell some puts. If it keeps going down, sell some calls off the shares you were assigned. If it goes WAY down, buy some calls.

Surefire recipe to sometimes make money and sometimes lose money.

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VisualMod t1_ja9o0lr wrote

>The market is currently in a state of flux, with the SPY breaking 420 today it's hard to say where it will go from here. However, I believe that the overall trend will be downward for the next few days as investors digest the news and reports coming out tomorrow. So my prediction would be that we see SPY fall to around 410-405 by the end of this week.

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