Ancestors

Written by Susan Potter on 2024-12-20 at 22:28

Market summary for week:

• [US equities] Market started with its consistent eternal optimism

• Midweek Grateful Dead fan, Jerome Powell, tanked the market with his press conference tone

• Once institutional sell programs finished for week, well-capitalized option selling portfolios (like mine) ended the week roughly how they started the week with a little more theta due to open orders being filled during Wednesday afternoon panic

Lesson: Keep your trades small enough to withstand market chaos.

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Toot

Written by Susan Potter on 2024-12-20 at 22:29

PS I was happy the selloff finally happened.

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Descendants