Gary's thought is by June FOMC, we could have capitulation on market deterioration, ready for the next free dollar give away.
I have NOT gambled heavy in years, since 2010 really. But I am making a big play for the AM.
I don't know if I'll get these prices, but I am trying.
I advise NO ONE to do this, really, it is stupid. But when I look at the chart below, maybe not so much.
Options are high risk, I may hit out of all of these by next week if I am eating crow.
Triple inverse Energy - Energy up over 18% last 3 months
ERY Strike June 21st, 17 call, shoot for 60 cents an option at the open, buy 10
Double inverse Oil - When markets fall, energy takes it on the chin.
SCO strike June 27th, 28 call, shoot for 1.50 an option at the open, buy 10
Triple inverse S&P500 - Catch general market fall
SQQQ strike June 21st, 56 call, shoot for 3.90 an option, buy at the open, 10
Consumer good - market falling does not make good for consumer
SZK buy 1,000 shares at the open, market order.