Lions and friends…
There is HEAVY buying of the market on today’s drop, IMAGINE MY SHOCK.
The NASDAQ is actually POSITIVE as I am writing this.. Moreover, the 10 year yield is stabilizing.
In my opinion the stock market’s reaction to recent events is very subdued, I would have expected a MUCH larger sell-off. (You think the Fed. Just Might Be Buying?)
Anyway, lets see how this plays out over the next several trading days.
GM
“Where’s Hunter Biden? Is Hunter Over There With his Business Partners? Is He with More Strippers? Is He Smoking More Crack?”
I also was expecting a larger sell off. I really appreciate you teaching us so well about hedging because this morning my account didn't look half as bad as it normally does when something unexpected happens. I am wondering though if I should take profits on the puts and open up another lower strike price put position. Is that how you play this?