XJO - Bear Posts only (Factors which might cause the markets to fall), page-9875

Today was a good day.

May puts closed with a couple of bags and a couple of weeks to spare and nearly bang on $95 target (had 100/95 put spread)

Sept puts opened beginning of week free carrying now with plenty left over for next few set ups.

Side note : buying today on CBA looked very much like shorts closing - not like accumulation for a new leg up - but with so many shares traded above current price there's certainly plenty of room for MMs to move wherever they'd like...

A while ago I mentioned what happened when JPM took over Washington Mutual in GFC.
JPM popped on initial news then sold off around 70% over the next 6mths.
Sound familiar?
(JPM popped on FRC news if you missed).

Considering the 3 main banks recently going under took down more value than all 20+ banks that sunk with the GFC, it might pay to read up on some history to ensure you're prepared for multiple scenarios.

Interesting times ahead...