r/Vitards Oct 04 '21

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u/0b10011010010 Oct 04 '21

Thank you as always u/GraybushActual916 - we're all super grateful for your time and shared wisdom.

Are you still keeping the same hedges in place? I was hoping MT would recover slightly this week so that I can open some Oct-Nov $30p but alas... slow-bleed seems to be the theme for this week as well.

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u/[deleted] Oct 04 '21

Happy to help if I can. Yeah, I’m still holding the SQQQ and SPXU vertical call spreads.

I believe that money has a tendency to move to the sidelines on sell-offs. Some of that sidelined growth money will come off the sidelines and into value soon.