bought blackswan insurance.

[RedTankEra]

Quote from macroman:

market going further up - its bull market if you have not noticed yet

I guess we will have to see about that.

 

[bc1]

Quote from Daal:

when do they expire?

It's a weekly option so they expire in a week.

 

[iloveoptions]

Quote from iloveoptions:

I wholeheartedly agree. I couldn't believe my eyes when I saw a print of mid 14's in implieds today. In the April's today at 2 SPX strikes away from where we closed this afternoon. Even though I'm expecting a test of 1415 in the next week or so, a gradual increase of implied vola will occur regardless of what direction the market takes from this point.

The April Puts are closed here at 1383.50. I'd like to see a run to 1415 - 1428 to load up again.