I held Options close to expiry and lost 60 mill options in ESI....which were reissued at a 1:1,000,000 chance of that occurring. That gave Me some sleppless nights!
I would only hold Options in A great resource like AVZ with 2 years til expiry.
But that t+2 is freakin the equivalent of taking Crack or Roullette....Sleepless nights!!??? Ulcers? High Bld Pressure? Wonder how many MUS investors did their cash on T+2.
Retrace on the cards with T=@ and Day Traders "Taking Profits"...lol...Im holding and taking Bigger Profits!
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- Running Commentary on the SP Movements.
Running Commentary on the SP Movements., page-4058
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