[reed13k]

and the answer is NO I’m not buying 3M puts because the prices have already gone sky high....

Guys I’m forecasting a major dip in Nov/Dec for the stock market if the put prices I’ve been tracking have any relevance whatsoever.......plus what I’m seeing in the supply chain from my work - it’s not going to clear up and will cause shutdowns across the board. Already hearing of plant closures due to part shortages.

I’ve put a fair share of my stock account money into this expectation starting in August so my money is where my mouth is. I expect it will rebound in late 22/early 23 (at best), but the next 6 months are going to be a long slow disaster.

[Chuckster]

Larry Edleson said, several years ago, that this period would be a "Roller coaster ride through hell" for investors. He also predicted all the violence and upheaval world-wide that we have been seeing.

One of the final pieces of research Larry Edelson wrote advised that Europe, Japan, and the United States are all bankrupt so the first step of an investment plan should be to avoid all government debt and sovereign debt of any kind. The thesis for the risk of buying U.S. government bonds was based on total liabilities exceeding $200 trillion.

[grey_whiskers]

I’ve put a fair share of my stock account money into this expectation starting in August

Do you mean you've bought puts for one or more major "indexes" ("indices" while correct just didn't look right), with expiry in, say, late Dec?

Have you thought about buying options on the VIX or similar?

[numberonepal]

...but the next 6 months are going to be a long slow disaster.

I'm an amateur, so I sold out for metals. To those people that bought all the AT&T stock I sold - suckah!