The market is falling apart and both portfolios (PRO and Premium) are well positioned for the potential of a worst case basis coronavirus scenario this weekend. If you are light on put positions, best bets are: VXX Calls and puts on any of the indexes, including FXI, EEM and IWM. New intermediate term shorts are AAL, BABA, DAL and FB. I don't want to overwhelm the services with even more short positions to monitor, so the portfolio will stay as is for now. Again, if you are light on puts the easiest thing to do is March index puts and Feb 21st VXX calls. More in the Weekend Update.
