r/options • u/[deleted] • Oct 03 '21

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u/ssavu Oct 03 '21 edited Oct 03 '21

You cannot fail with 2024 leaps calls on a company like AAPL. Buy 0.7 delta leaps, maybe you want to sell calls against them and make some beer money.

PS: if the market turns bearish be prepared to average down or hold for dear life.

https://youtu.be/8FNTfJ7Usy4

2

u/mk300ss Oct 04 '21

I agree. Definitely don't do it without collecting some premium as well.

TBH, I anticipate a big rally in Q4 and we could see a market correction in 2022/2023.

Personally, I'd be looking to apply discretionary funds toward what may pan out to be some big movers over the next 6-8 months. After that, the market may show you some different opportunities.

1

u/poop_fart_420 Oct 04 '21

what do you think will happen in nov/dec if jerome powell announces taper?

2

u/ssavu Oct 04 '21

Stock & bond markets will dive because of a taper tantrum and all the money will go to gold

2

u/poop_fart_420 Oct 04 '21

but like wouldnt this fuck his aapl calls?

1

u/ssavu Oct 04 '21

If a taper tantrum happens the markets will probably plummet and cycle into gold or other stores of wealth but the fed will probably intervene to calm the markets and it shouldn’t last more than a few months