yeah, congratulations. You traded it better than I did
I just sold a fuck ton of covered calls (way OTM, tsla 450 for example) for downside protection. Spidey sense feels like this is exit liquidity
I dont blame you for not trusting this rally… market has been volatile as hell
One thing is that 6/7 mag7 stocks just had a price correction already (except Meta but they blew out earnings so it makes sense) so things might be more stable now
Also the market is adjusting to the drastic difference between Biden vs Trump admin. From Sleepy Joe to Over-active Don.
I expect more volatility but do think we’ll stabilize more going forward.