SLV CALL OPTIONS

Why the 'tourist is buying the Jan 2023 $30/50 call spread

Although markets have rallied straight up since I got more defensive, I am still concerned about financial risks.

Last night, as I sat and stewed about the market action of the past few days, I remembered what I have long argued - there is an unprecedented amount of stimulus in the system (both monetary and fiscal), and that if someone tells you they k…