Well, it’s something for the bulls anyway. The gap down on whatever was pleasuring the market in mid-late April has now been closed and is out of the way.
I just took some puts on the VIX and am not recommending you try this at home. The principal will either go to money heaven or reward nicely if things come back under control promptly. FWIW, I don’t like this market in a bigger picture sense, but want to try playing casino patron for once.
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