October 29, 2020 | Daily JAM, RWM, Volatility |
Intended as insurance against a big market drop, my Puts on American Airlines (AAL) and Vale (VALE) have moved into the black in the last two days. My Puts on MGM Resorts International (MGM) could follow--the stock dropped 5.55% in after-hours trading yesterday on a...
October 29, 2020 | Daily JAM, RWM, Short Term, Volatility |
Yesterday, October 28, I posted that I would put off buying more downside protection against volatility in this nervous market for one more day. The plunge in stocks on Wednesday made downside protection more expensive--fear increases the demand for downside...