SPY it stinks how bearish everyone is here. I should have bought calls for next week to hedge my puts. Instead, I bought 200 VIX calls to compliment my 10k in Puts.
SPY got absolutely cooked but I’m still holding my Wednesday puts I liked the price action towards the end of market I do think we will revise 627 area if we don’t I’ll close out my puts Monday before market closes and buy more puts further out this things going down 30% since April with no real pull back with shrunken gdp in the first quarter as well I can’t believe there hasn’t been one already
SPY Today was my first bad trading day in a while. My bias was wrong at the beginning of the day, and I didn’t believe I was really wrong until I lost a significant amount. Then I revenge traded, trying to make it back. I ended the day red, but not significantly red, just mildly. I am looking at the charts now and I think I should have bought puts for next week before the market closed, I’ll probably regret it Monday morning.