The above is cited as “Goldman Sachs'” advice on being a man.
Most of their points are valid but I’m more concerned about what happened in the markets today and what to look for tomorrow.
Unusual Options Activity
DrosFlow [My Favorite Option Trades of The Day]
- $PDD OCT18 $30.0 Calls
- $BBBY NOV18 $20 Calls [$2.1 million notional value]
- $IMMU NOV18 $27 Calls
- $GGB DEC18 $4 Calls
- $TLRD OCT18 $25 Cs
- $STZ JAN19 $250 Cs | $5 million notional value, possibly a stock replacement.
Stick with Jesse Livermore; one of the greatest traders to have ever lived.
And he’s right. I’m trading this market with mostly small sides and volume-wise, I’m going much lighter than usual. Beyond a few crazy moments.
I know a great deal of people reading this are new enough that they didn’t trade through any crashes, 2008 in particular, are reading this
If you’re losing money…take a pause. Come to join my room and ask questions (or join anyone’s room really; just vet them).
Why Should I Listen To You?
Well, you shouldn’t outright. You should probably listen to me on tips…but then do your own due diligence.
I’m not finished importing this yet but for now…