This feels like back in March when I dabbled in trading options.
SPY was at $220.
"The market can't rebound the economy is fucked! The Fed wouldn't be so irresponsible as to print trillions of dollars to inflate the market in spite of the fundamentals!"
Wrong. That's exactly what the Fed did. They broke all the rules and probably did some illegal shit under the table. The market is at all time highs while the real economy is in the shitter and there's unemployment levels not seen since the great depression.
Long story short I kept holding my puts and lost a bunch of money.
This feels like back in March when I dabbled in trading options.
SPY was at $220.
"The market can't rebound the economy is fucked! The Fed wouldn't be so irresponsible as to print trillions of dollars to inflate the market in spite of the fundamentals!"
Wrong. That's exactly what the Fed did. They broke all the rules and probably did some illegal shit under the table. The market is at all time highs while the real economy is in the shitter and there's unemployment levels not seen since the great depression.
Long story short I kept holding my puts and lost a bunch of money.