Cheap Insurance, Revisited

From June 9th Sunday Update:

I found a stock with dirt cheap calls that will run inverse the market in the case of anything from a modest to steep decline.
During the great financial crash of late 2008-2009 this stock doubled in price, up 100% in less than 12 months. 
Shorter-term, during the Covid crash of Feb-March, 2020, it went up 50% in just six weeks.
We don't know exactly when, nor do we know for how long, or what will be the trigger  - take your pick, its an election year with two and four year cycle lows due. Make no mistake, "its" coming, 

 

Saturday's news-event reminded me how quickly things can change...and not in a good way. 

SH