TL;DR; I was wondering if there's more people looking today at the market and hedging with a bear spread for their S&P500 ETFs (mine is VOO, bear spread on SPY).
A good part of our family savings is there and I don't see any reasons or need to panic and sell because we just don't need it for now. However, I had been thinking for the last couple of weeks about buying a bear put spread (SPY for better liquidity) and never pushed the buy button which obviously has been a painful and expensive doubt after the last days.
Today I decided to benefit from the bull market buying SPY Dec 19th 400/485 Bear Put Spread. Does it make sense?