Option Millionaires

[DangermouseBuu]

I think this is a big mistake. Todays market sell off was mostly based on global growth slowing. Fear and volatility will rise the closer we get to a potential greek default. Think about it logically. The contrarian play should be made during thursdays session not at the end of tuesday.

You do realize the last time this was a concern the VIX was 75% higher than it is now. VIX will spike and your puts will be worthless.