LogFAQs > #935429028

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TopicY'all ready for the huge stock market drop today?
whitelytning
03/09/20 7:07:42 AM
#5:


Japanese market is down 7%.
US futures were down so much that trading was stopped at one point.

I bought puts on Disney last week that expire this Friday and didn't sell them last Friday morning and have some more puts on a casino that haven't been going down as much as I think they should. I don't want the market to crash in the way it looks like it going to crash but I think I might make a decent amount of money today. I'm looking to sell all 3/13 expiration puts today before close and then trying to figure out what to do the rest of the week.

If you have cash sitting around this week might be a good time to start buying stuff. Some blue chip stuff is down pretty big. I'm not saying its the bottom but I also don't think it would do much harm to start to gradually strengthen some long term positions.

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