Hard To Contain

I am having a very hard time stopping myself from buying more SPY Puts. I have rarely seen such unbridled bullishness. I am trying to save the bulk of my buying for after the Fed meeting tomorrow.


Onlooker said...

LOL I hear ya!

If we get the VIX down to 16, then it will be real hard not to buy 'em.

If the dollar can find it's footing here after this morning's melt down, maybe we'll get a bounce that will break the back this market, finally.

Anonymous said...

WHat strikes/expirations are you buying?

Tsachy Mishal said...

Im long the Jan 126.
Im looking to buy more after the Fed meeting. The strike will depend where the SPY is at the time but I will be looking at January.

Anonymous said...

Most likely you will not have a chance to get in. They say in trading it's better to be in early than late.