Zeev's Turnips Patch-No Politics (ZEEV)

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IMHO, it's a mistake to be buying puts at this juncture. With many issues so far below the max pain, and the expiration 2 1/2 weeks away, the MM's are definitely gonna try ramping it for the time being. I wrote a little over $30k worth of Oct puts on various issues, QQQ being the biggest blocks, yesterday and today, and now I'm looking at 40% or so return in 1 to 1.5 sessions, having closed quite a few late toay ($14k profit for less than a couple days work is not bad, didn't want to be a pig). Delta hedging may come later this month (hmm, I do not exactly relish having to short close to $1mm stocks to hedge the puts I wrote, that's why I closed quite a few positions near the end of the day), but unlikely right now.