Interesting.... David Skarica

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abstacey

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Interesting.... David Skarica

posted on Oct 16, 2018 06:24PM

Dear Reader,

By luck I did this podcast this morning and the market ended up having a huge rally today. In it we look at the bullish scenario. What happens if stocks just were to bottom here? What would it be similar too.

In our portfolios we are adding a few things, In both the Silver and Platinum portfolio I am going to add CDE .

CLICK HERE for this podcast

In our platinum option portfolio we are going to restart the straddle we have on DDD and SSYS (we only had the puts left) with May 20 calls on DDD and March 22.50 calls on SSYS. Please note this is just to straddle our put positions.

I am also selling the SC puts at a slight profit as the stock might be making a short term bottom around the 200 day Moving Average.

Also I will be watching TDG closely I bought on a break down under 350 if the stock were to rally above 350 on the close I would probably sell the puts and move on to another bear position.