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Old 10-8-2020, 11:29 PM   #57
mi40
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Default Re: Stock Market Chit Chat

basically options are derivatives. you're leveraging and playing the financial instrument that was originally created for insurance/hedging purposes (calls/puts), learn about the greeks, what they meant, how they're generated
and how volatility works (put/call ratio, VIX index, VIX futures, etc) & how they affect options pricing

learn about market events like earnings, ex-dividend dates, sector rotations, the different indexes, which stocks comprise which index.. just really start reading into everything and it starts to click together.

anyways, i went long on sept 15 and got stopped out by another 2 weeks of red but the market's been on another rebound and i've been riding crude oil & financials back up (GS/JPM and /CL)

donald's tweet a few days ago really shook the markets but it looks like the market is pricing in a delayed stimulus already and isnt reacting as hard anymore.
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Last edited by mi40; 10-8-2020 at 11:32 PM..
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