I hate to do it, which is breaking my own rules sort of, with Financial PUT exposure I opted for the longer term position in GS, but I can't resist the Put set up, I'm only taking a VERY spec size position, I'd say just large enough to make the transaction costs worthwhile, maybe half of a normal spec position. The expiration will be tighter and slightly in the money, if I were taking a larger GS PUT position the expiration would be in to June.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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