Great day in options land, but i just wanna point out one quick fact.
$AAPL just lost over $450 billion marketcap in only 3 days, yet is still 42% higher than pre-corona crash levels. Only in 2020 can a company enter a bear market in 3 days yet still be worth over $2 trillion

This reinforces what ive been tweeting about over & over again about why the foundation of ur thesis should be purely off supply/demand imbalances, not valuations. just like my $TSLA thesis from months ago, as long as ppl keep buying calls, we'll continue to see retarded prices.

and as explained several times, marketmakers (MMs) will continue to buy the common stock to hedge, regardless of valuations. It's not until the reverse happens (ppl start loading up on puts) that we'll finally see true panic, since this will force MMs to short the common instead.

That's the day that i gloriously wait for. Supply from profit takers who bought the corona dip, supply from weak handed retail who bought on margin, and supply from marketmakers hedging against the aggressive put buying. Until then, stick to UNBIASED daytrades, long or short.