#RocketManHedge – Watching John Carter’s free video last night…he’s expecting a massive rotation after the first of the year and throwing around downside numbers like 2550 (of course he was super bullish on GLD at 123 around Thanksgiving 🙂 ). Just in case this prediction is a little better I’m giving my hedges a little more room. Booked my last aggressive put sale right at the open today and re-selling a little lower.
Bought to Close SPX DEC 29 2017 2695.0 Put @ 8.50 (sold for 12.10)
Sold SPX JAN 10 2018 2660.0 Put @ 6.50