Replies to post #27891 on Cycle Trading

[No-Quarter]

Here is a link to an additional Bloomberg article related to the one in the previous post. It well describes the 'powder keg' set-up in the stock market right now.

I think we need just one major news 'event' to set it off. Will it be from Hunter? Joe? Donald? Jerome? Janet? Kevin? Vladimir? Xi? Elon? So many possibilities in the news cycle right now. GLTY

https://archive.is/www.bloomberg.com/news/articles/2023-05-08/fast-money-quants-human-traders-most-split-on-stocks-since-2019#xj4y7vzkg

[dotnet]

From around mid June is the one i am expecting big drop to end of year. expecting vix might go to 130-170. underlying all parameters are there.
I want to accumulate 100-500 either call contracts on vix or bearish etfs or puts on long etfs. don't want to spend more than $3k. any ideas? I am looking for december expiry. vix 100 calls for dec are 0.24. my plan is to buy some right at the money and then boat load at way otm. if i am not right i will be break even at atm strikes as they are december expiry.