I
add a layer of short IWM puts. Chart support at 90. This is like
putting in a bid at the 90 level, which is a 10% pullback. If it
doesn't go there, I collect a tiny premium. It is tough to find ideas
with premiums low, the holiday next Monday, many stocks over bought
and extended.
Long
APC BA BRKB HOT IWM LGF PG SBUX
Net
long SPY
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