The stock market ends this holiday shortened week with a thud. Potential buyers don't like the jobs report. More problems in Europe, this time in Hungary bring in additional sellers. Gold and bonds rally today. I am tempted to sell some puts on TBT, but do not pull the trigger.
It is two weeks to June option expiration. My closest options to the strike price, are my short SPY 100 puts. SPY 104 is support. Getting an assignment and buying SPY at 100 wouldn't be the worst thing, but it certainly wasn't the plan when I sold the puts for a tiny premium before the decline began.
Long BRKB, GLD, SPY, TLT
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