4min chapter

Forward Guidance cover image

Financial Meltdown: The Trades Of March 2020 | Alex Gurevich

Forward Guidance

CHAPTER

How to Invest in Options Trading

In 2008 it started in 2018 when market was all focused on rates going up and nobody really cared about the downside of the interest rates that they can go. So I was able to buy options extremely cheap that would pay off if rates were not following the past that everyone was looking for and instead would go down. It's a very kind of easy narrative to sell yourself in, but usually you kind of get what you pay for. You can still lose money by holding an option. And this is extremely painful when you're a macro trader like myself,. The key is a formulating the right view. It's not easy to be right, because sometimes you're wrong. Just being right about the

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