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January 27, 2020

Well here we are, the first "panic" of 2020. Markets are selling off a bit, the TV and twitter birds are chirping, trying their best to get you to act irresponsibly in your portfolio.  And maybe you're even feeling a bit of unfamiliar heat on some of your long positions. Time to get scared, right?

Maybe. I dunno. But this I do know -- fear subsides. And in options trading parlance, volatility mean reverts. I'm stepping in and selling the fear today.

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