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Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.

The Cherry Bomb


Sosnoff Says...

Monday December 10th, 2018

I had to go on the road this past weekend for work and since it was early morning (that means my brain was functioning), I decided to log in at 35,000ft to catch up. When I put my laptop on my tray the tastyworks sticker was proudly displayed across the top. The person next to me looked over and said “what’s tastyworks?” Excited I said “it’s an online broker for trading stocks, options and futures.” The person looked at me, looked at my laptop, said ‘oh’ and never said another word to me for 4 hours. Welcome to my world! It’s kind of funny that when markets are going higher, nobody ever writes about risk. But everyone writes about missed opportunity. Stuff like “do you know how much money you would have made if you invested $1000 in AMZN three years ago." When markets are going lower, nobody ever writes about opportunity. But everyone seems to write about risk. Stuff like “do you know how much money you would have just lost if invested $1000 in AMZN two months ago.” Random price action can be frustrating, but tastytraders should just keep being tastytraders. Unfriend the noise.

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Tom Sosnoff
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