09-27-2019, 09:40 PM
Thanks for going to all the trouble Mike. I think that has a place in one of my accounts. I understand the mechanics of all that. I'll have to watch some vids, and get my head wrapped around the the loss potential in a severe draw down. It seems you would have time to escape in all but the worst crash days. Probably not significantly different than the risk of having a dozen or more puts sold and open about half the time.