Incidentally, I am “freezing” my account for the rest of the day. No more buys, no more sells. I want to see that CPI number first. Here’s how my portfolio is right now:
- 25 bearish positions
- 24 of them January 2023 puts; 1 of them (IWM) an October 2022 just to be a little frisky;
- 20% cash waiting in the wings.
I took profits on my SPY October 2022 puts just to reduce my risk for tomorrow’s inflation data.
Of course, if we go plunging in the morning, I’ll feel like a dork.
