The author YOLOs the last $10k into Tuesday IWM puts, citing tariff and geopolitical black swan risks.
Unpriced research observations (excluded from Calls and Returns):
IWM — SHORT The author bought Tuesday-expiry IWM puts with the last $10k, expecting near-term downside. The stated rationale is that new tariffs and potential black swan events involving Iran and Greenland could trigger a market drop. The position is a short-term bearish bet on the Russell 2000 ETF, with returns driven by underlying IWM price direction. ambiguous_option_contract
threw last 10k into Tuesday IWM puts, rationale? Orange man getting angry, Iran and Greenland are potential black swan scenarios, especially Greenland. Hello new Tariff’s