philmcgregor1

philmcgregor1

What's bouncing around in my mind is Staged Shorting and I'll use BIDU as an example: Normally I'd short the entire amount of my contracts the moment I think it's going against me. If it doesn't I have 100% of my short going against me and it can quickly lose me more than I've been protecting. I think on Saturday morning it was about $160 when I sold 10 x $150...

philmcgregor1

Understanding that more money in bonds now than the height of the GFC even though S&P is at record all time highs.

philmcgregor1

Waiting for the 9 period MA to cross over the middle of the Bolinger Band.

philmcgregor1

Sold the $125 PUT for $2.05 Stock price was at about $148.90 Buffer if the stock drops to $125 is 16% Net return 26% for the month