$AXP calls cuz amex is at ALL TIME HIGH. They have no reason to go down, because money is about to get cheaper meaning people will borrow more. Future is looking good for all banking stocks.
If what you believe is true, then stock prices are already priced to perfection at ATH. Which means a slight miss would lead to a large drop. Therefore buying $AXP PUTS makes most sense as they have the most to gain from a drop at ATH. Perhaps, if they somehow beat the already priced in perfection, then buying Calls could pay out better. Maybe a straddle makes sense. Or perhaps Theta gang will win. I am with theta gang on this one. Tomorrow is Friday. I think everyone will lose.
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u/ultrasharpie Jan 23 '25
$AXP calls cuz amex is at ALL TIME HIGH. They have no reason to go down, because money is about to get cheaper meaning people will borrow more. Future is looking good for all banking stocks.