All of us even the experienced can lose sight of how low valuations can go, we end up with a false sense of security. Even pick the strongest with MSFT could it sell for $200/share absolutely and all without a single fundamental change and that price was only a year ago. The only stock that really can never go down is TESLA some of its declines seem big as % but for time erased they are nothing. And it's a Trillion dollar small car company.
It's just a term invented so people can make themselves look silly and quote them during 1000% bull markets. They have "some" value at the bottom of bear markets, but to make it even more laughable people quote trailing PE under some delusion the market trades on what has already occurred.
Since Covid Black Monday, the markets have fundamentally changed. I dont have to tell you that not more than 4 or 5 years ago a daily market change of more than 50 basis points was something that was out of the ordinary. A 2% drop in a day was call for "markets in turmoil" special on CNBC. Miss earnings? Drop a percent or two. The fact that there hasn't been a return to any semblance of normality in the market would be odd, except for the fact we still have entire states forcing kids to wear cloth masks in schools for 8 hours. Market reactions (both up and down) on stocks are still operating in clown world.
No one wants that shit. If I had AR glasses and i'm just getting fucking ads all the time everywhere I would simply stop wearing them / return them. This is just further private corporation injection into my everyday life, but It all routes through one entity. I guess that could just be me though.
I've seen a couple of comments on Webull literally saying as much, "guy's, what's the best way to commit suicide."Too much uncertainty, normally i would be all over stocks today (my phone just typed suicide when i used gestures for stocks...) I think with the hard drop and a huge rally to FB madness, there no way i can predict anything.
No one wants that shit. If I had AR glasses and i'm just getting fucking ads all the time everywhere I would simply stop wearing them / return them. This is just further private corporation injection into my everyday life, but It all routes through one entity. I guess that could just be me though.
i don't think the AR/VR will be shaped the same way as the internet was by google in that sense
the biggest issue with the zuck-land is stuff like this (LOL):
The metaverse has a groping problem already
A woman was sexually harassed on Meta’s VR social media platform. She’s not the first—and won’t be the last.www.technologyreview.com
It grows the size of your trade, either via time or $. So it doesn't become oversized I would pick time. Issue with this strategy is that you don't get out unless it recovers. I'd shoot for a strategy that lowers the strike even if that means more time. So you have March expiration still at $20 strike?Blazin question on MTTR options. So as long as IV stays relatively high and I wait until expiry to burn out all the time value from my current Puts, I can just keep rolling out the $20 strikes I wrote and the only real loss is the 4 cent and 6 cent buy/sell transaction fees, right?
