After the rollercoaster week we just had, I want to hear some predictions for next week. $SPY got crushed by $GOOG and $AMZN earnings but late Friday we had a bounce back up to $755. I made a couple bad options trades but managed to avoid much bigger losses scalping puts and calls, bringing my port back to where it was on Monday morning. I learned alot this week about how to manage huge swings in the market and hedge with options, even though I missed some massive gains by not holding my puts through the whole drop. Next week I will take profits and leave any "free" contracts to ride and capture bigger moves. What strategies are you guys/girls using next week? Personally I think we will see a lot of ups and downs, but I think the trend will be up.
36 views
0 Comments
No comments available.
Join the conversation with 500,000+ other investors 💸
Create an account to get access to everything Blossom has to offer!
📊 Personalized algorithm based on your investing style, experience level and interests
📈 Powerful portfolio and dividend tracking tools
👀 See what top creators and others in the community are investing in
