Author holds 50x QQQ 570-strike put options expiring 1/05. Author believes "tech gets hit the most" from the coming oil-driven inflation and economic disruption, leading to a market drop. Direct short position on the Nasdaq-100 via long-dated puts to bet on a significant tech sell-off. Market remains "irrational" and continues upward (bull trap on macro level); tech sector could prove resilient; geopolitical situation resolves faster than expected.
Author holds 50x QQQ 570-strike put options expiring 1/05. Author believes "tech gets hit the most" from the coming oil-driven inflation and economic disruption, leading to a market drop. Direct short position on the Nasdaq-100 via long-dated puts to bet on a significant tech sell-off. Market remains "irrational" and continues upward (bull trap on macro level); tech sector could prove resilient; geopolitical situation resolves faster than expected.