stock market crash

[Old Greg]

Certainly was, sold my trade at a 50% gain.

September the Put is gonna deliver, I can feel it.

You're just one big bag of emotions, aren't you?

[DealorNoDeal]

$250k to set up the PUT? I doubt many will believe you.

Anyway, over what time period? I’m assuming a long time?

It's hard to.

If he really has bought a put option, he could give us the ticker.

[Andy2]

Spent `~$250k setting it up, has bled somewhat since as time continues to flow. FTSE needs to fall below 4500 for me to win big.

assuming you have 4 times leverage with put option, you are riding on a $1 million short on FTSE
God help you.

[scooterscot]

You're just one big bag of emotions, aren't you?

Just went long on the CNA position again

[scooterscot]

It's hard to.

If he really has bought a put option, he could give us the ticker.

Show me your bank statement? What, that's private? Jeepers.. people today eh

[jamesbrown]

You're just one big bag of emotions, aren't you?

He’s a bag of something. Wind, if you’re feeling generous.

[Whorty]

$250k to set up the PUT? I doubt many will believe you.

Anyway, over what time period? I’m assuming a long time?

I doubt ANY will believe him. He lives in a world of his own making.

[BABABlackSheep]

assuming you have 4 times leverage with put option, you are riding on a $1 million short on FTSE
God help you.

Don’t think so. I think it will be $250k is the most you can lose.

If he had a shed load of equities in the FTSE which he said he doesn’t have any, then the PUT could be a good hedge.

Makes no sense to me why he wouldn’t just short the FTSE.

Weird.

[DealorNoDeal]

Show me your bank statement? What, that's private? Jeepers.. people today eh

Funny that, you're happy to give the ticker (symbol) CNA, but not the ticker of a publicly listed option.

Or, perhaps the option you've bought doesn't have a symbol.

How to Read Option Ticker Symbols

[scooterscot]

Has been a wee while since we had a chart.

This is doom written all over it. Massive Selling Pressure candle just printed at the close of last week.