BA news coming out.
I was gone for vacation for about a month spent a nice Christmas with my girl in Vancouver.
I heard the story this morning that BA aeroplane crushed, bad news, and I am looking to the upside.
Today BA dropped 1.75%, I am waiting for another pullback, bet the upside around 327.
1. Only buy options when IV is low.
2. Only buy options expire in more than a month.
3. Always look for a 100% loss when buying options, 5% when buying stocks.
4. If one contract of option cost more than what you expect to lose, buy spread.
5. Always admit that you are a loser.
I heard the story this morning that BA aeroplane crushed, bad news, and I am looking to the upside.
Today BA dropped 1.75%, I am waiting for another pullback, bet the upside around 327.
1. Only buy options when IV is low.
2. Only buy options expire in more than a month.
3. Always look for a 100% loss when buying options, 5% when buying stocks.
4. If one contract of option cost more than what you expect to lose, buy spread.
5. Always admit that you are a loser.
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