No. of Recommendations: 1
I've been buying OTM calendar put spreads on the major financials and XLF. It has been a great trade for the past 2 months. Despite all the volatility, there has been very little net change in any of the stock prices. On several occasions, I have bought back the short puts when they were nearly worthless and then re-sold them.

So, despite my pessimism, my trading position is that the markets will remain fairly stable.

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