Here's another one, except this one was up 449% on the year. I'd imagine downside protection is quite cheap right now.
https://www.bloomberg.com/news/artic...market-turmoilA New York hedge fund that’s gained 449% in this year’s pandemic roller-coaster is betting on a new wave of volatility in the event Congress fails to extend a key bank provision in any new stimulus bill.
As time runs short on breaking the legislative impasse, Gammon Capital LLC has been loading up on bearish stock options to wager on the prospective market fallout.
Bookmarks