<story><title>S&amp;P 500 triggers 15-minute trading halt for the second time this week</title><url>https://www.bloomberg.com/news/articles/2020-03-11/asia-stocks-set-for-losses-dow-enters-bear-market-markets-wrap</url></story><parent_chain><item><author>songzme</author><text>I have alot of unvested RSUs and my reasoning is that if 2008 repeats itself, there is a real chance I may get laid off and lose my RSUs. I donate most of my income and I have very little savings.&lt;p&gt;To protect myself, when I see sharp dips in the markets like this, I usually buy a put (option) just in case 2008 repeats itself. I bought a put last week for 2k (CMG) and now its worth 18k. If the markets keep falling, I may end up with around 30k, which is enough for me to pay my mortgage for a year and a half.&lt;p&gt;Maybe someone finds this helpful, maybe not. Be safe, play responsibly.</text></item></parent_chain><comment><author>bityard</author><text>Your employment situation is uncertain, you give away most of your income, you have minimal savings _and_ you speculate in the stock market?&lt;p&gt;You, sir, are made of sterner stuff than I.</text></comment>
<story><title>S&amp;P 500 triggers 15-minute trading halt for the second time this week</title><url>https://www.bloomberg.com/news/articles/2020-03-11/asia-stocks-set-for-losses-dow-enters-bear-market-markets-wrap</url></story><parent_chain><item><author>songzme</author><text>I have alot of unvested RSUs and my reasoning is that if 2008 repeats itself, there is a real chance I may get laid off and lose my RSUs. I donate most of my income and I have very little savings.&lt;p&gt;To protect myself, when I see sharp dips in the markets like this, I usually buy a put (option) just in case 2008 repeats itself. I bought a put last week for 2k (CMG) and now its worth 18k. If the markets keep falling, I may end up with around 30k, which is enough for me to pay my mortgage for a year and a half.&lt;p&gt;Maybe someone finds this helpful, maybe not. Be safe, play responsibly.</text></item></parent_chain><comment><author>tomatotomato37</author><text>Be sure to harvest some of that profit now. Going all in for 1200% gains is fine for wacky WSB plays using disposable income, but not when you need it to build up a safety net</text></comment>