Today was the first day in a while where bad news was bad for the market. After bouncing down off downward sloping trend resistance stocks moved lower on the day. Volatility has been relatively low and I'm looking to take advantage of that buy going long the Mar $20 calls. This should provide a good hedge against further market downside.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.