Market comments 20220516

A very calm day at the market today: the VIX went down a fair bit while the SPY went up $0.11 compared to the price at open. I am expecting the market to go slightly higher tomorrow but I definitely wouldn't go long just yet. Especially given the fact that the NATO is expanding and the unpredictable Russian leader can cause many more lives to suffer.

So what's my trade for today?

#DIS (#Disney). The company doesn't need to be introduced, but the one thing most people don't know about is that it's stock price has fallen over 48% recently, making the stock attractive for a naked put at $95 strike.