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phillo

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Posts posted by phillo

  1. 8 minutes ago, Eurobonus said:

    I exited all equities on Monday this week and bought a S&P 500 put option - strike price 3100 at $46.70. 

    Already more than doubled my investment. I was pricing in a 5% drop from Monday midday. But the potential costs to the global economy can be astronomical. So my guts and my head say that the price should fall significantly more in the next few weeks if the WHO labels the Covid as a pandemic. I think that there could be a further correction greater than 10%.  What are your forecasts? 

     

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