Quote from scoobie27:
Hi Jaques
I actually like a bear market as long as there are no mini black swans. Hi vol and plenty of juice in premium
I currently only do my ratio spreads on ES. I wouldn't dare do it on individual stocks for obvious reasons. Yes, i agree that it is currently risky on PUT spreads in this environement but i have already gone through JULY/AUG which i feel was even worse when VIX went to 37. Came through that okay....touch wood. Once again, Im quite careful and my leverage is quite conversative, but it's still no guarantee. If the markets gets worse from here i may be forced to adjust.
Cheers