Life is funny. I’ve been rebuilding a convex short position in equities via SPY and QQQ options over the past few months which has just started to pay off thanks to a nearly 300 point rout in the spooz and damn near 1000 in the naz futures. I’m seeing green for the first time in….a long time. I’ve been so deeply entrenched in the mindset of “this is so overextended, this is the top” for the past few years that I’ve left a life’s fortune on the other side of the table.

I was having breakfast with my wife today, sharing with her how I’ve made (back) a few grand over the last couple days. It’s pretty exciting for me, and I’m laying out in general terms how I’ve been betting on the market going down sharply and — surprise! — it has for once. She looks at me at says “haven’t you been making that bet for a couple of years now? Shouldn’t you bet on it going up until it doesn’t?”

My wife is a very smart bird. She knows a ton about what she does for a living, but couldn’t tell a delta dollar from a delta flight. She showed me in a couple seconds that going all-in to position on an asymmetrical return on an unlikely scenario isn’t a good use of our money. Maybe this corona-crash will pay off and I can finally get some satisfaction. Maybe I’ll start trading more objectively and ride trends even if they don’t fit my macro view.

In the meantime, I’m up a grand or so looking to lock in some profits and position myself to be able to trade stock/futures with options. Mostly debit put spreads on SPY/Q’s. My work just did fit tests and handed out N-95’s. I’ll either be dead and rich or a better trader and slightly wealthier. Who knows.