On the backside of the short we can ape in for the bounce off the bottom, would not recommend futures as the open interest on the contracts will be low, options is how to play this. Safe side is sell the put (don't advise selling naked unless you can manage the trade at all hours) or a credit spread to hedge any risk. This will provide ample time to collect the premium through any volatile price actions. I will be buying the call (naked) this is a much riskier trade and the "WIN HERE" line is meant for me not sellers of the premium.
Disclaimer I took the trade out yesterday but still feel there is room to publish the idea. This is why I recommend selling the premium rather than buying the call.
Disclaimer I took the trade out yesterday but still feel there is room to publish the idea. This is why I recommend selling the premium rather than buying the call.
Trade closed manually:
End of the month bought the option call closed in profit, if I sold the premium I’d keep it open. New month tomorrow and new trades.
“What do you do for a living?”
“I trade corn and fake internet money.” -kewlkat
“What do you do for a living?”
“I trade corn and fake internet money.” -kewlkat