Let me explain this to you. I recommend buying puts NFLX because that POS is going to crash even if the markets don't go down. I am buying more puts AMZN as well.
So it has 2 functions. One, as a bet. Two, as a hedge.
The reason why I am saying this is so people don't have to sell their SIAF stock at a loss if the markets do crash. And if it works out, they can buy more SIAF shares. So that could be a strategy.
Now, as far as the market is concerned, it doesn't take a genius to figure out that the Dax and the Russell 2000 are in trouble. One only needs to take a look at the charts. Does that mean the markets will crash tomorrow, or next week, or next month? I didn't say that. Just that a crash scenario is one that people need to consider instead of blindly buying into this market.
And what was your point with S$P500 at 2,000?
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