BobbyBanksX

The Banks Are Gonna Get Cooked

Short
BobbyBanksX Updated   
AMEX:XLF   SPDR Select Sector Fund - Financial
The Bank ETF, XLF, is way too overpriced.

Puts on.
Comment:
Luckily dumped some XLF puts on the opening today, and didn't re-enter into anything but WFC puts near the end of day.

Looks like Robinhood-ers are buying bank stocks like they're going out of style.

I wonder if they think they know better than Warren Buffey. Old man dumped ~90% of his bank stocks from what I've read. Don't think he's all that myself, but when a whale dumps, they're dumping it on retail.

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