Inspired by the Exceptional Wealth Accumulation Thread I was looking through my record of good calls that I didn't take (!!! !!!!) And getting ready for the next time.
One of the ideas I posted on my blog two years ago was playing bubbles with out of the money oppies. In this case I was copying an idea to purchase long dated OTM options, both puts & calls, on an Shanghai Index linked ETF.
Theory being its easyish to see a bubble but almost impossible to pick the top. They tend be 50% higher or 50% lower once you start seeing them as bubbles.
Anyone played this game? Or have an idea as to how possible it would be? Would it be better to play closer to the current price and roll them as time goes on?
As you can see the idea from the time was both 50% up and 50% down from when I posted about it. No doubt a hard game to play.