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Trump vs CDC: Who Can Investors Believe? ...and our $750k option trade

Dumb Money Live

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The Impact of China's Quarantine on the Market

Stern: I think there's some good news that's coming out of China, right? And so I think that's part of what's kind of keeping the market from totally melting down. He says he has his options expiring a week from Monday; those are SPY puts and calls on triple leveraged S&P 500 ultra funds to hedge a long position in that. Stern: The rest of the world will say they're taking it seriously but won't act as dramatically as China.

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