You nailed the timing on those puts Otter. I knew you got it about as close to perfect as you could hope for. If the market even drops halfway to your target from here, you might be able to retire some of the shorter dated ones and play with house money. Nobody expects the market to launch soon so you have time to decide. If you're fortunate enough to miss one crash it makes a huge difference. I'm happy for you.
In other news, JNJ, Berkshire and 30 day US Treasury Bills have been added to the "speculative" stock list. That should about cover everything now, so discuss anything you want here lol. I think I am going to cash out and buy TSLA calls. If I'm going to lose all my money it might as well be exciting.
Gotta keep smiling.
Looks like Russia is not going to play ball with OPEC production cuts. I think I might wait for $35 oil before I add any more oil. Russia and the flu just might get that done if both come to pass. That will start killing off excess US shale frackers in a hurry since many of the banks have cut them off already. We could finally get a real oil recovery from there. I expected this someday, but I sure didn't think this had any chance of playing out in 2020.
In other news, JNJ, Berkshire and 30 day US Treasury Bills have been added to the "speculative" stock list. That should about cover everything now, so discuss anything you want here lol. I think I am going to cash out and buy TSLA calls. If I'm going to lose all my money it might as well be exciting.
Gotta keep smiling.Looks like Russia is not going to play ball with OPEC production cuts. I think I might wait for $35 oil before I add any more oil. Russia and the flu just might get that done if both come to pass. That will start killing off excess US shale frackers in a hurry since many of the banks have cut them off already. We could finally get a real oil recovery from there. I expected this someday, but I sure didn't think this had any chance of playing out in 2020.