just buy volatility i knew that was the play this morning
Quoting: Anonymous Coward 3297006 I am recommending:
$GS $95 weekly puts
$EWZ $52 and $50 weekly puts
$FAZ $23 weekly calls
$SPY 133 lotto puts @ .10c
Re volatility, I hesitate to recommend $VXX calls, because the VIX esp VXX , like Libor, have been so manipulated to make beleive everything is fine, that VXX will go down even if everything else is falling apart
Risky
You EWZ put spread looks pretty tidy from where i'm sitting...
Im up about 300% on $EWZ puts. They ran up emerging market ETFs on the blah blah BS about the pumping by the fed, ECB
However, China is falling apart, Brazil is way overbought for now. It will go the way of India, and the other emerging market stories which have been the story for the past decade
Nothing against those countries, but everything is cyclical, and nothing goes straight up. It reaches a point you cannot pump more money into a developing economy without triggering massive inflation, which makes their exports uncompetitive, and leads to a loss of the very fundamentals which made it an attractive investment to start with
EWZ, EEM shorts on any overbought RSI chart is as close as you get to an easy trade in this awful market
But unless you have nerves of steel, and are willing to only risk very little and take profits fast, I wouldn't recommend most be in this
It really does feel more and more like we are in the end game for the markets, like the tissue paper holding the machine together is tearing apart
hope I'm wrong
