Bears

Selling puts works nicely in a bull market, but if you have a true bear market, like the cruel year 2002, which doesn’t get much mention (they always comment rather on the precipitous drop in 2000 instead), selling calls would be best and selling puts would be disastrous. 2002 is a very instructive year for those who remember it, an experience that no one under the age of 40 has gone through.

Tulips and Bitcoins

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s