Recession stock tip: wait for defense contractor to have engine recall or doors blow off. Buy expensive calls expiring next year. Wait for Israel or America to start another war. Sell your call when your niece/nephew at a holiday dinner starts talking about how “current war”is wrong.
Whatever was trending upwards, dropped more than 10%, and only dropped because the market dropped, not due to other factors.
30 day calls will all increase by at least 30%
Peter Lynch made money because he was in the right place at the right time. Blue chips were trading a p/e of 4 in the 1970s when he ran the Magellan Fund.
Alright I've never traded options before, but I can see the prices on rebinhood. How did he purchase the contracts for such a low price? When I look at put prices for SPY the contact prices are all > $300. Am I missing something?