"The following are illustrative setups based on SPY options with some actual plays based upon my European Bank Run Research (see list at the bottom of this article). This was written yesterday evening, French time, as the S&P was at 124.60, trending downward. Note: the market has literally collapsed since then).
The SPY is an ETF (trust) that tracks the S&P 500. I will be focusing on the FIRE sector in both Europe and the US, but the broad market will (is) probably fall first..."
at http://www.zerohedge.com/contributed/game-over-european-ponzi-scheme-monetizing-pan-european-sophisticated-ignorance-us-optio
The SPY is an ETF (trust) that tracks the S&P 500. I will be focusing on the FIRE sector in both Europe and the US, but the broad market will (is) probably fall first..."
at http://www.zerohedge.com/contributed/game-over-european-ponzi-scheme-monetizing-pan-european-sophisticated-ignorance-us-optio
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