It's better not to play with derivatives unless you can keep emotions OUT of the equation.
The point is to buy puts at the peak of the bear market rallies- not at a time like now where the down cycle is more than 50% complete.
Get in contact with your broker & sign the options agreement in preparation for the next bear market rally peak.
There are atleast a few blue chips that should rally in the near future, and provide beautiful put entry points there after.
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