SPYSPX I currently have 80 open calls, I think I am gonna close maybe 20 to collect a bit of profit and keep the rest open over the weekend ! Looking back at historical data as well each time VIX has been 45+, take Feb 28 2020, 5 Aug 2024 even dating back to Sep 29 2008 - 3 days later an average max loss as per statistics has been 0.63% and max gain 3.90%. Pretty good ratio imo and we are massively oversold on multiple time frames. Still more downside I believe but a dead cat bounce is due and I’m all in for it ! Have a great weekend gentlemen. Hope everyone makes money !
Remember three things: 1. EU is yet to respond 2. Expect US government retaliation in response to retaliation 3. Interest rates will start rising up in response to inflation.