BTW, I do still have the SPY Nov (11) $395/400 CDS on @ $1.65 db. I do not plan to exit any time soon. But Pete it is against you, how will you manage it? I don’t give a #$%^. I have a market bias and I did a CDS to limit my risk. I expected to take some heat. This market is not going to go straight up or down. There are buyers and sellers around every corner.
November 23, 20221 min read