↗ https://reddit.com/r/investing/comments/1juo43q/thinking_about_buying_itm_puts_with_a_6_month_dte/
What do you think about this idea.
For example tomorrow, I am planning on buying a $660 SPY put that expires on 9/19
I believe we will be entering a bear market, and we are right on the threshold. (Down 19% from all time high)
What do you all think of this idea?