Tariffs Catch-All

  • Thread starter Thread starter BubbaOtis
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HintonJamesHeel said:
Folks should use this bounce to get out. We have a loon at the top surrounded by fools. Get out!
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This is actually pretty good advice. Staying the course in terms of one's portfolio has historically been the best move, but as you say, with this loon in charge, I don't think historical trends apply. It's going to be a bumpy ride the next few years...
 
Best trading strategy (if you can call it a strategy) over the past several days would've been to buy far out of the money puts and calls at roughly the same price on the opening (or hell, just pick a time) and then immediately put in a sell order on each of them at 10x what you paid for them. One of them would've hit every day since last Wednesday (hell, some days probably both of them would've hit). I haven't looked yet but you'd probably be regretting putting in the sell order at 10x the purchase price on the calls today (imagine regretting a 1000% return in 4 hours), this kind of move probably yielded a 50x result, if not greater...
 
hedge said:
Best trading strategy (if you can call it a strategy) over the past several days would've been to buy a far out of the money put and call at roughly the same price on the opening and then immediately put in a sell order on each of them at 10x what you paid for them. One of them would've hit every day since last Wednesday (hell, some days probably both of them would've hit). I haven't looked yet but you'd probably be regretting putting in the sell order at 10x the purchase price on the call today, this kind of move probably yielded a 50x result, if not greater...
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Or, be a member of Mar-a-Lago. I'm guessing those guys made BANK over the last few days.
 
superrific said:
Did he really say that? Our position just sucks.
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"Treasury Secretary Bessent reiterated that the pause indicated that Trump cared about trade and wanted to make “bespoke” trade deals with countries that were willing to lower barriers. Bessent also arguied that Trump “goaded” China into showing that they were the “bad actors.” -NY Times
 
farce© said:
CNBC talking head: "Trump might claim this is a victory but he didn't just flinch, he ducked."
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I think I’ve posted this before on here, but my dad’s college roommate is an attorney and was across the table from Trump in a few real estate deals in the 90s. Before the 2016 election he made a Facebook post that went semi-viral saying that that Trump’s style was to start negotiations, yell a lot, then capitulate totally but still declare himself the winner. It’s been strange to watch that play out repeatedly. Also, didn’t stop my dad from becoming MAGA.
 
farce© said:
"Treasury Secretary Bessent reiterated that the pause indicated that Trump cared about trade and wanted to make “bespoke” trade deals with countries that were willing to lower barriers. Bessent also arguied that Trump “goaded” China into showing that they were the “bad actors.” -NY Times
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Bespoke trade deals? Who the fuck does he think he's fooling? Anyone who knows what a "bespoke trade deal" is supposed to mean knows already that trade deals are all bespoke, all the product of extensive and detailed negotiation, and all finely tuned.

This goading argument would in most years shockingly stupid but in 2025 it's just Wednesday.
 
nrsair said:
I think I’ve posted this before on here, but my dad’s college roommate is an attorney and was across the table from Trump in a few real estate deals in the 90s. Before the 2016 election he made a Facebook post that went semi-viral saying that that Trump’s style was to start negotiations, yell a lot, then capitulate totally but still declare himself the winner. It’s been strange to watch that play out repeatedly. Also, didn’t stop my dad from becoming MAGA.
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That's a neat punchilne.
 
hedge said:
Best trading strategy (if you can call it a strategy) over the past several days would've been to buy far out of the money puts and calls at roughly the same price on the opening (or hell, just pick a time) and then immediately put in a sell order on each of them at 10x what you paid for them. One of them would've hit every day since last Wednesday (hell, some days probably both of them would've hit). I haven't looked yet but you'd probably be regretting putting in the sell order at 10x the purchase price on the calls today (imagine regretting a 1000% return in 4 hours), this kind of move probably yielded a 50x result, if not greater...
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I wish I had this kind of knowledge.
 
superrific said:
Bespoke trade deals? Who the fuck does he think he's fooling? Anyone who knows what a "bespoke trade deal" is supposed to mean knows already that trade deals are all bespoke, all the product of extensive and detailed negotiation, and all finely tuned.

This goading argument would in most years shockingly stupid but in 2025 it's just Wednesday.
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I was watching live as Bessent attempted to explain this shit earlier and I posted "Bessent looks like a fool." So yeah.
 
UNCatTech said:
I wish I had this kind of knowledge.
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You shouldn't. The vast majority of this type of "knowledge" is used for money-losing purposes by Dunning Kruger types. My dad has that kind of knowledge and has lost hundreds of thousands of dollars trying to play with options.

There's a reason why hedge is talking in the past tense. He would have made a lot of money. But that's an insanely risky strategy and it's really easy to lose everything.
 
Good lord. I lost $17k in minutes on my puts. Still turned $5k to $25.

I still think this is all really bad news for the US. He just pissed China off and they will not negotiate with us. Trade with China has effectively ended.

Plus we are firmly a kleptocracy now.
 
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Covering for the under trading by his family and team ahead of the next tweet?
🐥
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LOL, this is absolutely cherry-picking, but S&P 5300 calls expiring today actually traded a nickel just before the announcement of the tariff "pause" (1:11pm), at 1:43 they traded $143. That's a 28,000% return in 30 minutes.
 
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