/biz/ - Business & Finance

>>51601574
>if it is true.. we really may have bottomed
Why do you think we've bottomed? It could indicate that people haven't even sold off their hedges yet. We hit the bottom when people monetize their hedges (puts). It means that people are preparing for a bigger selloff.

>those puts have to be fucked, and fucked hard.

Just why? Just why the absolute fuck would anyone be remotely bullish. I'm not even a permabear, i sell SPY put spreads anyways. I'm just saying, we're not even at the bottom of the third inning of this bear market.