I’m trying to get some pattern recognition going for the next downturn. I have cash reserved to make one play the next time the market has a huge downturn, like in March 2020. Show me the best option play you made and explain why you made that one. The best I have seen are people who bought $10 calls on $F when it was at 4, and bought them for the max time out, or something similar. It seems the best plays with the most likelihood of success were long OTM calls in blue chips/very established companies.
Submitted November 23, 2021 at 09:55AM by DorianGre https://ift.tt/3DNDIcn
