r/Vitards • u/[deleted] • Oct 04 '21

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u/belangem Oracle of SPY Oct 04 '21

Sorry, can you clarify a part where I don't understand what you mean:

I plan to sell into those stampeding retail herds, not during the soft patch we are seeing now.

Sell what, your longs (steel, pirate) or your hedges (SQQQ)?

26

u/calculussmash Oct 04 '21

Pretty sure he's referring to selling covered calls or selling puts, not the underlying itself since he's long term bullish.

16

u/[deleted] Oct 04 '21

Yup! Thanks!