oh for sure, big boys that aren’t going anywhere are still worth loading when they give up some gains over the next many weeks

Low strikes, expiring within a month, looking to sell before expiration.

I don't think 2 trillions will be enough

I'm not sure the predicted fall in earnings is priced in to the US market though. CAPE is still pretty high. Singapore were the first to release their Q1 GDP figures and they contracted by over 2%. They're heading for a recession and they weren't even that badly hit with coronavirus comparatively...so expect the same but worse for the rest of the world.

Even though I think the markets have more to drop once we know the extent of the damage for Q1 I'm not going to try and time the market this time. Long term will be fine.

Long dollar, btc & commodities & shippers and Boeing ofc.

Futures looking bad, sold my puts too early. Will buy Airline puts probably at the open depending how far they drop

From technical basis we still good to challenge 2700 MDA

My prediction is low volume leading up to That then 30% retrace down to 1800

At 2700 I’m loading boat again spy puts 2400 and 2100 late April/early May expiration

Gl all

This post was edited by Bazi on Mar 29 2020 08:58pm

Bought SPY puts, bought STWD and more BA for a swing trade

It showed lot of strength today, I wanna see it test that 2760 but it lost volume end of the day

Spy put
Tsla put
Uber put
Dis put
isrg put

If it goes up I will average down from here. Round 2 corona short , 1-0 so far

Disney is a great idea for a short tbh. It will take them eons to get bodies into those parks, plus they are only losing money on their streaming services. They can't compete with Netflix on content.

And yeah this run isn't sustainable, we are like 90% sure of a recession. It may be choppy up and down but even though i'm down on my puts like 10% i have very little doubt SPY will find it's way back down to 240-250