S&P 500 triggers 15-minute trading halt for the second time this week

Re:S&P 500 triggers 15-minute trading halt for the second ti... by simonebrunozzi on Thursday March 12, 2020 @11:49AM (#22558059)

Thanks for sharing. What’s CMG? Also, how easy is it to buy options with Schwab or Etrade or similar?

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Re:S&P 500 triggers 15-minute trading halt for the second ti... by bojo on Thursday March 12, 2020 @01:24PM (#22559277)

CMG is the ticker symbol for Chipotle Mexican Grill, Inc.

With Schwab you have to apply for level 1 access to option trading, but it's pretty straight forward and quick since buying is low risk.

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Re:S&P 500 triggers 15-minute trading halt for the second ti... by songzme on Thursday March 12, 2020 @12:32PM (#22558574)

Possible high return per stock, 10% drop = $60 drop per share, which equates to a potential $6k profit.

You could do the same with Tesla, Google, AMZN. Any strong stable company with reason to fall other than the market trend would do.

Again, these are my thoughts, please take it with a grain of salt and do your own research.

You may need to call up Schwab and Etrade and tell them you want your account approved for trading Options. Or maybe you can already do it, check to make sure.

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