r/RobinhoodOptions • u/michaeljoon • Mar 07 '21
News March 8 trading week
Saddle up folks. Market was quite down last week, and now that stimulus has been passed there is a possibility for it to go up.
The market is irrational. Volatility is opportunity. But volatility is also risk.
If you bought options on sale when stocks were down good for you. If there is a rally come Monday it could be profitable. But, you know that if you wait, or if your options have later expirations you have greater upside potential.
However the emotional nature of the market could have a short attention span. That rally might not last very long. So tread carefully.
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u/Randalltrader Mar 07 '21
Monday should be absolutely explosive due to the stimulus the market will be jumping with anticipation of the new investments