Quote:
Originally Posted by campimp
im going to miss the volatility we have seen last couple weeks.... SPY puts made me more in last 2 weeks than my IRA made in last 2 years!
|
I rarely ever trade long puts or calls anymore, but bought spy puts as insurance in case any of my long term holdings took a hit. Made like 400% on a couple flips. Despite that, the odds of trading at such a level are so low, that I'm happy there will be less volatility so as I won't be tempted to revert back to the mean. Maybe some volatility to get higher premiums when selling covered calls will be nice, but nothing like the last couple of weeks.