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A comment on S&P 500 triggers 15-minute trading halt for the second time this week. Parent comment

Re:S&P 500 triggers 15-minute trading halt for the second ti... by jldugger on Thursday March 12, 2020 @01:55PM (#22559668)
> I usually buy a put (option) just in case 2008 repeats itself. I bought a put last week for 2k (CMG) and now its worth 18k.

Chipotle Mexican Grill? Or is that something related to Chicago Mercantile Exchange?

Cuz like, the terms of my RSU package expclitly forbid dealing in related derivatives. I cannot offset downside risk like this with options.

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Re:S&P 500 triggers 15-minute trading halt for the second ti... by Someone1234 on Thursday March 12, 2020 @02:04PM (#22559782)
It doesn't have to be related to offset the risk. For example you could offset using the SP 500 index, not violate the rules, and still protect yourself from a 07/08 style market collapse.
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Re:S&P 500 triggers 15-minute trading halt for the second ti... by jldugger on Thursday March 12, 2020 @08:31PM (#22563553)
True, but I'm not sure how I feel about buying puts on stocks I own in bulk. If I'm making that kind of directional bet, wouldn't I also be better off shifting from SPY to AGG?
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Re:S&P 500 triggers 15-minute trading halt for the second ti... by sdinsn on Thursday March 12, 2020 @06:44PM (#22562752)
Yes, he's referring to Chipotle
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