Premium in the puts says it all...
It's over, I'm out. I enjoyed making money while most of the public wasn't but bonds changed this week. They say the bond market is smarter than the other markets. I can only assume by this week's movement we have inflation on our front door. Oil and the S&P confirm. I am moving to GLD because that may be our only hedge against what is coming to this world. We speculated it for years, now it's here.