Quote (Bazi @ Mar 16 2020 08:48pm)
One thing I’m really really nervous about is vega crush
Right now volatility is all time high, all options will be crushed if it stabilizes.
Like tomorrow for example, I’m sure it will be a typical turn around Tuesday, but I don’t want it just chilling around this 2400 level. Would prefer a large rally and drop vs a limp trickle down
Looking to go short on this bounce, opened spy puts at $250.
Don’t think we have to worry about volatility for now, looking like big swings until covid calms down.
This post was edited by obisent on Mar 17 2020 09:43am