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How to Monetize Equities via Options
I think in general, it's really a bit too late in the game now to be buying puts and trying to play the downside via options. The way I've kind of got myself defensive is just by raising more cash in my long-term portfolio. It does feel like most of the market has got very beared up for obvious reasons. We might be looking at a 1973, 74 stagflation world where S&P's down 40%.