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/biz/ - Business & Finance

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7366346 No.7366346 [Reply] [Original]

What do /biz/ estimate DJ and SP500 to be at by closing? DJ at slightly above 20k is my guess. And percentwise SP will follow

>> No.7366398
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7366398

zero

>> No.7366446
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7366446

>>7366346

I hope the whole thing crashes I bought SPY calls at 280, and the only thing that can save my portfolio now is the Vega greek. As long as we nosedive volatility should be greater than the point loss.

Can you imagine making your money back on calls when the market is going down? I'm up $255 on calls due to volatility. $2,000 overall. I hope it crashes and sends volatility to the moon.

>> No.7366496

Dow and SP have to go back up and test the 50dma before falling further.

>> No.7366501

>>7366346
if this really is the crash it will loose 91%

>> No.7366557

The American will close higher than it opens. Futures indicates a 1 to 2 percent rise on the S&P and DOW