Bought to Close XBI MAR 16 2018 83.00 PUT @ .05 (sold for 2.60)
JP Morgan co-president warns of ‘deep correction’ for stocks totaling as much as 40% over next few years.
I guess we are going to have a bull market for a few years… 🙂
One more that I didn’t see come through near the end of the day.
Bought to close $CBOE Sep 21 70 puts @ .60. Sold for 1.80 on 2/9. Got lucky on a nice reversal in the stock right after I sold the puts. Took the trade off for 67%. No sense waiting more than 6 more months for the other 1/3.
BTO May 18 MCD 155/155/150 3.60 #Fuzzy Un-Hedged at this time
Possible tariff signing
Sold April 20, 22 put for .54, big down day after earnings, trying for Oct. fuzzy on the largest grocery store chain