it will be a rebounce. Bull will create another chance to escape. It will rebounc some day next day, however this rebounce will not reach that high.
Bears need to accumulate short/put position once there is such a rebounce. It is not wise to buy very out of the money put option. So whenever there is a panic sell, I write put option and take them back when there is a rebounce.
Bears need to accumulate short/put position once there is such a rebounce. It is not wise to buy very out of the money put option. So whenever there is a panic sell, I write put option and take them back when there is a rebounce.
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