Health care and pharmaceutical companies hide behind the veil of helping others, but their behavior in the U.S. is nothing short of criminal.

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Be sure to turn the volume up on this one………
The market is whipping around like crazy this morning. I’m not sure why, but it matters to me less and less, because I’ve been deliberately reshaping my options portfolio to have increasingly distant expirations. I’ve got a mere 2 January expirations now, and my average DTE across 27 positions is 136 days (nearly 5 months), so I’m not letting the minute by minute oddities bug me.
In the meanwhile, I’d like to suggest that semiconductors are at a possible reversal point (this is SMH):

Well, it looks like this morning’s modest sell-off is already wrecked, so let’s turn our attention to something specific: the man in the brown truck. United Parcel Service had a big price gap between the 15th and 16th of September which it has just about closed. I’ve already entered a starter position (April 21 $200 puts) and will augment it as we push closer to the gap.
