Last few weeks / months it feels like buying puts on tech etc couldnt go wrong. Like shooting fish in a barrel. I will continue doing this till i eat my first big loss. How much further do you guys think this trip will go? Especially since people are just now getting really panicky about a recession. While a lot of stocks are already 50/60/70/80% down. Seems to me we can go down a bit more, but at a certain point we will just crab sideways?
Valuations on a lot of companies still seem overpriced, but its getting more “reasonable” at least.
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