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Comment by DivingForGold

When momentum dries up, and not until then. Reportedly Michael Burry has recently placed massive put option bets, the question is what duration ?

6 months? A year?

Retail traders will keep throwing money at the stock market until they just don't anymore. It's not a logical thing.

and then when somebody yells "FIRE !" ... everybody rushes "to the door" and cannot get out in time.

Better to hedge your bets, if you are long in the market, with put options. Think of it as insurance.

parent DivingForGold 4 months ago

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