Pretty much the market would have to crash really bad on both Monday and tuesday and do so in such a way that it goes to a level 3 circuit breaker down (20% down) It’s the barest of possibilities but also seems totally possible. I mean this is absolutely a calamitous situation.
It’s also possible that the spike in volatility give some options value to the option itself. either to an algorithm or to people. In which case I could sell some
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below 200 by the end of the month
End of conversation
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