/biz/ - Business & Finance

>>21073723
>>21073848
>Telling people to write calls in this environment
I gave up desu.
The market right now is euphoric so any call with a decent premium will just get blown the fuck out within a day of opening
>>21073792
I have 30, maybe 50 ounces Im willing to sell. 10 when we hit 2.2, 2.4, 2.7 and 3.0. Maybe another one inbetween.
I hoarded gold for this exact thing happening right now.

>but dollar will not tank forever.
I can totally see 1.25 till we calm down. But once the dollar stabilizes people will go back into cash and out of overvalued assets they only held to preserve wealth.

>>21073897
I honestly have like 20 tickers that I use. Whenever one drops or has high IV I write a put on it (which is pretty similar, which I dont have to explain to you I guess)
Tuesday I wrote one on QQQ because premiums were high. Hit 60% profit a day later (yesterday) and then I wrote one on FB because it was down that moment. Then I closed that position today as FB mooned. Only 800 dollars but its just one example from this week. And risk free if you use bluechip tickers.

Is this what market euphoria looks like?