Are you ready for Black Monday tomorrow /biz/?
>>1603506
i guess so. my portfolio is like 70% cash right now, plus i got some calls on volatility. bring da muthaphukin ruckus.
>>1603506
what are we buying? do you think monday will really be the big day? i figure it will be lower after trump wins the election.
>>1603518
VIX, Gold, Crypto. Can also have a straddle set up if you're into options.
If Trump wins, the stock market fall in the short term but then quickly rebound in a week. His proposed tax cut policies would be extremely attractive to businesses so the market will eventually price that in after they get over their temporary autism.
>>1603532
yeah i was thinking about buying some call options on something or other, to make some fast cash off bounce back. im thinking maybe i'll buy on friday afternoon. Any stocks in particular that will go up in response to trump's policies??
>>1603542
He hasn't won just yet dude. Safer to go for a volatility trade.
>>1603549
i already have some call options on VIX broski, and I already made some money buying volatility and shorting the nasdaq last week. volatility has gone up quite a bit, hopefully it goes up more :)