Stock Futures Hit Limit Down as Market Waits for Senate Aid Package

Re:Stock Futures Hit Limit Down as Market Waits for Senate A... by marketgod on Sunday March 22, 2020 @08:20PM (#22660103)

As a small business owner you are probably going to have to take loans to get you through the next 6-months. If economic activity doesn't come back whatever you borrowed against is going to be seized by the bank. So most likely we see foreclosures. I hate being bearish but Friday's close was ridiculous and shows we have room for a downside move in the markets. It really appears that there is nothing the government can do right now.

I hope I am wrong but I am switching to buying puts this week.

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Re:Stock Futures Hit Limit Down as Market Waits for Senate A... by nodesocket on Sunday March 22, 2020 @08:27PM (#22660144)

Also thinking of buying some downside $SPY PUT protection. How far out in terms of expiration are you thinking?

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Re:Stock Futures Hit Limit Down as Market Waits for Senate A... by marketgod on Sunday March 22, 2020 @11:14PM (#22660940)

I'm going to get $LVS if it drops under $40 and $DIS below $84 for Apr 17 near the money.

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