I do feel that everyone needs some form of gamma/Vega exposure to the downside. Buy plenty of time, deep OTM, small % of account. With volatility this compressed and indexes at all time highs, it’s as good of a time to hedge as any we’ve had.

I did cut two losing positions today but otherwise left all my longs on, so I’m not saying we crater on Monday. But even if we only see a slight pullback those will pay out decently, and if reality does set in it’s the best insurance. Don’t short, don’t buy leveraged ETF’s

You want defined risk with exponential upside. Use the option lab in @vigtecofficial to help structure your insurance, and sleep easy. Everyone is so bulled up right now, and we can keep climbing the wall of worry, but IMO it’s time to start building these black swan positions