Even The “Experts” Get It Wrong Occasionally

My latest post for Alpha Baskets is published and includes the following;

The best example of why this is, comes from the tech wreck. For a while, the options market appeared to be giving money away, you could sell a semi-deep out of the money put on a $300 stock and easily bring in a couple of thousand dollars. This worked for a time and then the crash came and put sellers were paying $250 for stock trading at $80 on their way to much lower prices. That’s permanent impairment of capital, Holmes.

Please click through to read the entire post.

Mendocino National Forest parked along side Goodyear AZ Fire Department

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Private contractor type 4 engine

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Bureau of Land Management law enforcement

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