I'm already set with FAZ long (3x short Financials) from yesterday, but if it's something you might have been interested in and missed it, this looks to be a pretty good second chance buying opportunity.
I personally am going to add some November 22nd expiration, XLF $23 Puts, about regular size for the position.
While I like several assets, this is one I like right here and right now.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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