I read this post over on wallstreetbets. I lurk over there all the time. I find it very comical usually. Don't take it too seriously.
www.reddit.com/...to_prop_up_the/?utm_source...
There have been some good ideas from time to time. I bought HDB puts after reading this 30x OCT 16 $30 for $0.7, it is now selling for about 4.80. Trying to figure out where to exit. I think the VIX will go up again above 80 and I think that should happen in the next two weeks or so. That should be a significant downturn and premium will be high there. I think that is when I exit and hopefully sell when the stock is in the $26-28 range.
www.reddit.com/...to_prop_up_the/?utm_source...
There have been some good ideas from time to time. I bought HDB puts after reading this 30x OCT 16 $30 for $0.7, it is now selling for about 4.80. Trying to figure out where to exit. I think the VIX will go up again above 80 and I think that should happen in the next two weeks or so. That should be a significant downturn and premium will be high there. I think that is when I exit and hopefully sell when the stock is in the $26-28 range.