2022-02-11

Short Honeywell

Update: I closed this trade. Made better than 100 percent thanks to the Biden admin screaming, "RUSSIA! RUSSIA! RUSSIA!" There's nothing changed about it, but I 3M's chart is weaker, but Honeywell has been underperforming. Both are correlated though, and both are in the Dow. The market is pricing MMM options as if it is the more volatile stock though. Looks like a potential winner if you're looking for a downside move in the indexes.

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