by Chris

April 2, 2020

Stock index futures are looking up! This is a great thing for the bulls. Not so good for the bears 🙁

Since I closed all my short positions, I'm optimistic. Like I mentioned earlier this week, I just don't feel comfortable opening short positions. One good news headline (better testing, new vaccines, drugs for mitigation etc.) and we're off to the races. Normally I don't trade on margin so I short with put options.

That would be devastating if the market took off. No, no thank you, not interested. I've been burned before.

Plus, all my long positions are either leveraged ETFs or options with my earliest expiration in June (meaning that I think this virus is peaking before June).

We've made it possible for everyone to comment (even without an account) so please feel free to chime in. If you're a bot looking to spam by blog, 01110011 01100011 01110010 01100101 01110111 00100000 01101111 01100110 01100110!

What is everyone else doing?

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