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RiceN_Beans OP t1_j2facvm wrote

Reply to comment by mo2cii in 2022 please don’t go, stick around. by RiceN_Beans

Usually aim for 2% of your portfolio. My biggest position was 10% on AMZN puts but I was sure market will punish Amazon for reporting fake quarterly results, adding Rivian shares to earnings. Generally I wait for opportunity oversold or overbought, or top of the channel.

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[deleted] t1_j2fiv1f wrote

[deleted]

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RiceN_Beans OP t1_j2fssup wrote

Your puts should print. The gap on chart should close one day. By overbought I mean move of the stock price relative to the news that moved the stock. Example NKE or AMZN move up by 10% on earnings but quarterly report is not that impressive if you look at the numbers yourself.

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