Look at Tsla Action from February 4 to February 5. It didn’t take a lot of capital if you were willing to assume the risk. And while I was thinking about it because TSLA is such a Viper of a stock......too late.
Someone came in a bought a lot of puts. Alerted by a hedge fund guy I watch.
And the puts got quite a bit cheaper than where they bought.I almost pulled the trigger but got a phone call that I had to take care of..and then decided to wait.
Oh well..
There will be opportunities on the way up for many stocks after this thing blows over.
I shied away from gold futures and options because I just didn’t see a strong reaction to the illness.
Gold usually rockets in these situations. It has not.
As for trading, it can make one feel on top of the world or way at the bottom. Sometimes in the same day.
The highs and lows i’ve known rival that of romances.