Chicken little – back in puts
I just have to have some puts in my PF, markets looks stretched and I need some hedge. Chickened out from previous puts because their expiration was too close. Two up days and I chickened out…
This time I bought them further out, expiration is June 2024. Plenty of time for some decent correction. Beside these options went from 50 to bellow 4. Little bit of a bounce is not to much to ask for?!? 😉