The Investment Thread

SaintInBucLand said

Holding through earnings is such a mix of excitement and terror lol

I added some cheap cheap puts as well. Since some of my spy puts are already printing earlier than I thought.

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Yeah, SPY puts had a nice little run this afternoon. AAL held up pretty well. Dumped my DRIP this afternoon. APPL has been the one kicking my arse for the last two weeks. That damn stock just wont go down. As for a percentage gain, today was one of my best days this year and needed after a couple bad days last week.

I pulled a lot of money back into the investment account today as well. I've already started buying but going to do a lot more if we take a leg down. The next two weeks should be quite volatile given CPI tomorrow and fed hike in a couple weeks. So I'm long airlines and short SPY for my straddle play going into CPI and FED day. Today worked both ways but I doubt that kind of disconnect holds up for long. I've been short oil for most of the past two weeks. Hopped back out this morning as oil may have oversold the short term. Still in long Nat Gas. So it's like playing opposites right now. I even bought some crypto last week (ATOM). I like it long term but really like how it's held up much better than the rest of the sector. Im probably early on all the buys but got to start somewhere. I'm not missing the bottom by 400 points on the DOW again like I did during the covid downturn. My targets were almost perfect but I didn't get to take advantage of buying the bottom and missed the bubble run.

I've been trading my arse off this month since the weather has been slow and I've been in front of the desk. I have a feeling that is about to change dramatically.