Some mainline prognosticators ( who have been wrong for at least a decade now), claim that the megaphone pattern has hit its peak. Quite possibly. If we are going to go down, the next possible downturn can possibly follow this pattern. As such, April 160-150 put spreads at under $1 seem like a cheap bet with a decent payout.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.