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PUT thesis 💰 made me good money.
I still have a little bias that this would fail around this area. With Russia-Ukraine war, I don’t think NATO wouldn’t just sit there and look. It's going to be a headline driven market
Looking at VIX. Above 29-30+ = PUT Below it would be choppy below 27 I will enter long position.
Give the trade a time, 2-3 weeks out so theta wouldn’t eat your premiums.