My next play involves waiting for SPY to fall -5%+ then buying slightly OTM calls where the breakeven price is less than the stock’s ATH. I prefer a high market cap value stock.
Any suggestions on which stock to choose? So far, I’m considering GOOGL, IBM, MSFT and BRKB (hesitant due to Buffet’s age and sentiment after he passes).
Thank you
Any stock suggestions for my next play?
byu/New-Gas3080 inoptions
Posted by New-Gas3080
2 Comments
try out r/optionscalping
why not SPY itself?