- The VIX spiked to over 38
- The ECB and Italy came to an agreement that should kick the can further down the road at worst and solve the crisis at best.
- Yet this market still cannot run.
- I still think we see a rally. If not today than next week.
- I am dying to hedge my portfolio so I can rest but I cannot allow myself to do it under these conditions.
- If I sleep until 4 AM these days I feel lucky.
- It is really annoying to be short 121 SPY Puts that expire in an hour and a half with the market oscillating at that level for the past 2 hours.
- I wanted to just buy them back a few times but there is still a ton of premium in them.
Random Thoughts
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1 comment:
Writing those puts wasn't a good way to help you relax! Nerve wracking, I'm sure. Good luck with it. (By the way, I know you meant to write 121 SPY, not 131)
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