A lot of negativity in the market. If the market is up in the morning i may very well sell my long positions and wait for a bottom. we may see another 300 point down day tomorrow or it could be another up swing but the market was really weak today. I will likely add about $1500 worth of weekly SPY puts tomorrow as a hedge to my long positions. i will be looking for something that sits in the 20-30 cent range on SPY. my guess is that will be 204P-204.5P. Good luck to us all tomorrow
CALL or PUT at your own risk. I offer opinions and nothing else. Good luck.
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