Is NOW The Time To Go Short and Buy Puts?
Summary
Hosts discuss the difficulty of trading in a sideways market, recommending strategies like sitting in cash or buying puts while analyzing market breadth and the MACD indicator. They explain how to calculate option intrinsic and extrinsic value and demonstrate their preferred TradingView chart settings, including the use of order blocks for identifying support and resistance levels.
Topics discussed
Market analysis: Why the sideways market is the hardest to trade
Comparing bear, bull, and sideways market conditions
Risks of delta-neutral strategies like iron condors
Strategies for buying puts: Delta and extrinsic value
Team updates and the philosophy of sitting in cash
Introduction to the MACD indicator and its limitations
Market concentration: RSP vs SPY and big tech dominance
Market breadth: MFI and stocks above 50-day moving average
Outlier report: Bearish momentum and fear/greed indicators
Why trading the Box ETF is easier than SPY in chop
The difficulty of shorting the market due to vertical moves
Sponsor segments: LinkedIn, Visible, and Checkout.com
Q&A: Measuring EMA width contraction and expansion
Q&A: Calculating intrinsic and extrinsic option value
Brief mention of the new Netflix Willy Wonka show
Light conversation: Kneeling chair and giveaway winners
Q&A: Favorite TradingView chart settings and Deep Dot indicator
Deep dive: How order blocks work and why they are effective
Outro and call to action
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