HDFC Bank LimitedShort
HDB - Bank in Mumbai - Downward Trend
I read this post over on wallstreetbets. I lurk over there all the time. I find it very comical usually. Don't take it too seriously.
reddit.com/r/wallstreetbets/comments/fe5s7e/the_fed_repos_are_an_attempt_to_prop_up_the/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
There have been some good ideas from time to time. I bought HDB puts after reading this 30x OCT 16 $30 for $0.7, it is now selling for about 4.80. Trying to figure out where to exit. I think the VIX will go up again above 80 and I think that should happen in the next two weeks or so. That should be a significant downturn and premium will be high there. I think that is when I exit and hopefully sell when the stock is in the $26-28 range.
reddit.com/r/wallstreetbets/comments/fe5s7e/the_fed_repos_are_an_attempt_to_prop_up_the/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
There have been some good ideas from time to time. I bought HDB puts after reading this 30x OCT 16 $30 for $0.7, it is now selling for about 4.80. Trying to figure out where to exit. I think the VIX will go up again above 80 and I think that should happen in the next two weeks or so. That should be a significant downturn and premium will be high there. I think that is when I exit and hopefully sell when the stock is in the $26-28 range.
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