Re: ZIM ex date
I decided to just close my ZIM $70 puts. I blame Art Cashin, who was very bearish this morning. He thinks we could flush to 3400 on the S&P if 3815 gives way. The PMI numbers were bad. Everything is turning, except the Fed, but they are too late to pull back now, so they will continue to talk tough. Going into a holiday weekend could be bad with no one to buy any selloff. Might have to put the disaster put spreads back on, just in case.