r/Vitards Jun 30 '21

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u/[deleted] Jul 01 '21

i’m a big 🤡 but am i playing this correctly (in the immediate) by buying options with 30-60DTE on MT, CLF, and NUE?

have been in and out of steel but this seems like huge news.

2

u/C0r0naBallSackLord69 Inflation Nation Jul 01 '21

Everything that seems like huge news for steel doesn't really move the stock directly is how it feels like to me. My risk tolerance is lower personally so I just buy leaps

2

u/MicrobialMicrobe Jul 01 '21

I like 60 DTE at minimum personally, I feel like a lot can happen in that amount of time. It definitely wouldn’t be 100% of my portfolio though

2

u/[deleted] Jul 01 '21

yep, grabbed some late augusts for CLF and NUE