Sitting on 10 call contracts of the SPY that I bought at the bottom today and went up 70% in the last 30 minutes of trading. Do they keep going up at open tomorrow or does the bottom fall out again. This market is something else.
I keep looking at analogs to the last time we had rapid rate increases from the Fed to fend off hyperinflation. We are in 1981 all over again. Diesel and gas shortages are next.
I did pick up Netflix in pre market at $164 but also grabbed some Apple puts as a hedge against a big drop.