Stocks and Trading Thread - Channeling your inner Mono

[MadImmortalMan]

 


I bought some puts on BofA at a strike of 7 last week. They just went in the money. BAC is crashing hard. 

[alfred russel]

For some reason I find market crashes a lot of fun. At least at the start. In 2008 it ceased to be fun at the end.

[MadImmortalMan]

Jesus.

The puts I got as protection (C, BAC, BK, VZ) are all up so much my entire portfolio is up almost 27%. 




I should short crashes more often.

[citizen k]

Jesus.

The puts I got as protection (C, BAC, BK, VZ) are all up so much my entire portfolio is up almost 27%. 




I should short crashes more often.

Here's to doomsday.

[DGuller]

Jesus.

The puts I got as protection (C, BAC, BK, VZ) are all up so much my entire portfolio is up almost 27%. 




I should short crashes more often.

Seems like you overhedged. 

[MadImmortalMan]

Best investment: VIX   

I really wish I'd followed my own advice. 

[mongers]

So was this a 'Crash' ?

[alfred russel]

So was this a 'Crash' ?

Mongers, a few more days like today, and I may be hitting you up for bike lessons.

[alfred russel]

Nobody got the scarface reference? 

[Caliga]

Another stop loss triggered today.  My 'portfolio' is like 50% cash now.

[DGuller]

In another couple of days like this, it would be indeterminate % cash.

[Richard Hakluyt]

I'm at 85% cash myself, about 5% beer, and only 10% in equities.

[Caliga]

In another couple of days like this, it would be indeterminate % cash.

[Ed Anger]

I'm at 10% gold bars, 40% canned goods, 40% shotguns and 10% prophylactics.

[mongers]

What's with the gold fixation; there was a senior American bond trader on Channel 4 news, and he was suggesting a position of around 10-20% in gold, despite spending all the previous bit of the interview triumphing treasury bonds.