Perspective

The markets started off great then tanked. Your mood sure hinges on whether you're in a buying mood or fully invested. Most of my options took big hits with the underlying stocks dropping 2.5, 4, 6, and 18% (SPRD). None of those is good where options are concerned. I did cover the short calls on all of my bull call spreads, so if those stocks will just go back up I can enjoy my lemonade.