to play in this market right now are sold puts and short-term call options short-term call options are more speculative obviously you can make a lot of money you can lose a lot of money one that for example i have a short-term call option on now is win resorts i have a short term call on this one it's an october NUMBER_TOKENth call i bought it in the money at like NUMBER_TOKEN bucks or whatever and uh it gives me a little bit of insulation i really want to trade that one as we see recovery stocks kind of rally back but also i want to make sure that i get out of that before we get potentially more negative uh bad news from china on regulatory action although i think china's got their hands full right now with evergren i i never put it past china to to do some crazy things so uh that is a it's a that's a risky one that's a little bit more of a trade kind of yolo esque uh style trade i'm okay with that uh in in this kind of market uh but again it's you know when you go into trades it's important to know are you doing a trade to buy and hold something are you doing it as a you know short term swing trade you could be in and out within a day or two is it a yolo what is it right so just be honest with yourself about what you're doing but yeah look i think uh selling calls right now potentially risky i generally i mean look i would still say if you're willing to hold your contracts through to expiration it's not that big of a deal if you want to hold your contracts through expiration then and you're willing to lose those shares that you have that you're selling calls against fine but certainly don't do naked which is where you don't have the underlying shares but uh but yeah otherwise very interested right now in uh and staying away from those either selling puts or just buying shares and uh specifically of companies that that are still somewhat depressed we're probably not going to see those may prices again and so that's okay i realize that i'm over that but in terms of negative catalysts if you know any please let me know in the comments down below and folks thanks for watching this video hopefully this was helpful we'll see the next one bye
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