SPY loses $650

time to bust out the peter lynch clips

just exhausting

i will say, the covered call has helped this year if you aren't actively transitioning your entire portfolio into new themes every week

for the people buying calls on the idea that we will break out...all i can say is thank you for letting me sell them to you because id rather be stuck having to roll a position if we do get some huge V shape vs not getting SOME premium from the market when we chop every single week

Source: amit