What's Your Assumption: Viewer Submissions from Liz/Jenny, Slimmy, and International Traders
Update: 2025-10-15
Description
Hosts Nick and Tony conducted a lively What's Your Assumption session responding to viewer trade ideas from around the globe, starting with Liz and Jenny's I-Bit bullish play where they recommended selling November 60 puts for $2+ given 62 IV rank. The standout trade was a GDX December 80 call/November 85 1x2 ratio for 80-cent debit - a "crab trade" giving Nick long gold exposure after admitting he "never got back to even in GDX." The Hood trade featured a 1-1-2 structure buying 130-120 put spread and selling two 105 puts at $1.14, with discussion of using those naked puts to later sell calls as an adjustment. Session highlights included advice for Ben in Bermuda who's up 25% on 50 Tesla 500 calls purchased at $4.80 (now $5.80), and a nostalgic "Slimmy" appearance maintaining his bearish Bitcoin-to-zero stance. The session ended with debate over managing their SPX zero-day put spread as markets rallied 50 points, with Nick ultimately closing the position against Tony's advice about rolling.
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