IWM Spread
7/31 Long Call/Put spread on IWM
Longer dated probably would be better, but I am confident that the markets will react to the current levels. The bear in me is hoping for another corona fueled sell off for the IV, but I am also hedged long in case things do not go my way.
Hope I don't kick myself later for only going 2 weeks out. May roll this position into longer dated contracts if the market doesn't make an impulsive move in any direction.
Longer dated probably would be better, but I am confident that the markets will react to the current levels. The bear in me is hoping for another corona fueled sell off for the IV, but I am also hedged long in case things do not go my way.
Hope I don't kick myself later for only going 2 weeks out. May roll this position into longer dated contracts if the market doesn't make an impulsive move in any direction.
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