RE: MUST WATCH: Plunge Protection Team Steps In, Buys Stocks To Prevent Meltdown! By Gregory Mannarino

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MUST WATCH: Plunge Protection Team Steps In, Buys Stocks To Prevent Meltdown! By Gregory Mannarino

in money •  7 years ago 

So, is Dow down 760 a good time to buy a call option on S&P?

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I think that is a real tough call because you don't know when the PPT is going to jump in. It's HIGH RISK.

It is easy to say yes after the market started to rebound. Certainly better timing to do it than when Greg did last Friday. Ouch!!! The trick is when to sell the option.