Bought SPY CALLs

I bought the SPY January 125 Calls. I believe quarter end rebalancing could potentially be huge for stocks. One can play it by shorting bonds as well.

1 comment:

Anonymous said...

The CBOE Equity  put/call was .80. THe recent washout lows have had numbers well over 1.00.
I don't think we're seeing enough put buying.
Also the VIX is 37.32 compared to mid 40's on the last washouts. This thing does not appear to me to be over.
The last bit can hurt the most.