“Holiday Stocking Stuffers - 2020" - a few long term trades to consider by the creator of the MOVE index, Harley Bassman
On Eurostoxx 50 Bassman likes:
Buy December 2024 expiry SX5E call option, Strike = 3700 (~at-the-money)
Sell December 2024 expiry SX5E put option, Strike = 2700 (27% out-the-money)
On gold he writes he is not a gold bug; Gold is not a trade; it is a twenty-year horizon asset diversification to hedge
against a blimp-sized black swan landing in your backyard. A 5% allocation is
likely dead money for quite a while, but I sleep well at night.
For more trade ideas click the link,