SPY overly optimistic. 05/20/2020
We should see a pull back Thursday-Friday. Too much uncertainty in the economy to logically justify current market levels. I'm looking for a panic sell off like the one we saw Thursday. After a significant pull back, I'll feel comfortable loading up on SPY calls.
Current positions:
$283 Puts 5/29
VXX 32.5 Calls 5/29
Current positions:
$283 Puts 5/29
VXX 32.5 Calls 5/29
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