Ok, so Powell and consort decided to frighten again the population, bam market loses 3%. The AEX is at 494.
I tried different things included butterflies (which I don’t find interesting at all) and decided to go for another put spread. While it is risky, it can go down till 475 without losing too much. That said, this situation corrodes my margin which is back at 34K.
I don’t like it but I’ll get 5K back end of next week.
I think it may still go down a bit tomorrow and beginning of next week, but we should remain above 480.