The Answer is Nothing.
I got a question via IM this morning. The question was, “What are you buying at the open?”
“Nothing,” was my reply.
Then a list of “what abouts” came across the IM screen.
The rally we are seeing this morning is a bear rally and after the Fed announcement this afternoon is when buying opportunities might appear.
Now, if they had just ask what I was selling…
Okay. I’ll bite….
Hey Tim, what are you selling today and what will you sell soon? *grins*
This morning, I was selling puts as the rally started.
This afternoon, I am selling calls on held long positions.
As I said in another post, I invest in stocks but trade options.