Mike Hunt : There’s hope
JustSurfaceOP Mike Hunt: I saw you buying puts everywhere and I of course grabbed this too early. lessons learned
Mike Hunt JustSurfaceOP: Only my boil puts were expiring this week. Give yourself more time to expiration
Mike Hunt Mike Hunt: Actually the boil ones were calls
JustSurfaceOP Mike Hunt: I've been watching BOIL for a while. painfully holding and averaging sub 10 on dips. It got over 10 yesterday, did you take profit? $ProShares Ultra Bloomberg Natural Gas (BOIL.US)$
Mike Hunt JustSurfaceOP: Yes. Adding more at open
Mike Hunt : Arbitrage to look at if you want to short QQQ. Take the IV for QQQ and multiply it by 3 (because it’s 3x leveraged) and compare it to the same expiration for SQQQ calls and TQQQ puts. One will be cheapest.
Mike Hunt Mike Hunt: Often it’s QQQ
JustSurfaceOP Mike Hunt: great tip man thank you!
Mike Hunt : There’s hope
JustSurfaceOP Mike Hunt: I saw you buying puts everywhere and I of course grabbed this too early. lessons learned
Mike Hunt JustSurfaceOP: Only my boil puts were expiring this week. Give yourself more time to expiration
Mike Hunt Mike Hunt: Actually the boil ones were calls
JustSurfaceOP Mike Hunt: I've been watching BOIL for a while. painfully holding and averaging sub 10 on dips. It got over 10 yesterday, did you take profit? $ProShares Ultra Bloomberg Natural Gas (BOIL.US)$
Mike Hunt JustSurfaceOP: Yes. Adding more at open
Mike Hunt : Arbitrage to look at if you want to short QQQ. Take the IV for QQQ and multiply it by 3 (because it’s 3x leveraged) and compare it to the same expiration for SQQQ calls and TQQQ puts. One will be cheapest.
Mike Hunt Mike Hunt: Often it’s QQQ
JustSurfaceOP Mike Hunt: great tip man thank you!