Is attacking Ukraine the end goal? Or did the leaders get what they wanted? Even if the attack is complete, the role of the global parties in this event is very strange, there is no logical explanation at the moment, so the story is not over, the whole market is digesting, and unlike the previous bounce when the boot was on the ground, if the event is completely unexpected, then the trend will continue. This also leads to the fact that this week's short put fell to the depth of the price and needs to be taken over. In order to prevent the black swan over the weekend from opening low to an unacceptable position next week, a Collar Strategy can be made. Collar Strategy is composed of the stocks, short call and PUT, which is a stop-loss holding strategy. In my opinion, for the current market, it is not important to only make covered calls to earn extra income after taking over the market, but more important to prevent a bigger slump. The expiration date is next week, the put strike price is your psychological stop loss price, and the call strike price is this week's put strike price. Of course, the opening and closing of the position can also be done, but I did not cut the main reason is that this level is very painful, and the stock has fallen to the support level, the fed meeting of 3.15 in the next two weeks, I think it will be a rebound point. Several earnings puts turned a profit without surprise, but the most speculative strategy was to buy the loss of the sell Put. That's the follow-up to this week's deal. Here's a look at the current opportunities. Theoretically, the geopolitical disputes have come to an end at the present stage, and the market is still digesting the black swan. Stock indexes have fallen sharply, and crude oil, gold and grain agricultural products have surged. Unfortunately, I am still learning about bulk commodities, so I cannot share the operation with you. I have two ideas about the stock market, one is more certain and the other is more speculative. There are two ways to short short-term VIX futures$Barclays iPath Series B S&P 500 VIX Short-Term Futures(VXX)$ : short call and put. In view of the possibility of uncontrollable variables in the future, it is recommended to buy PUT with limited losses: $VXX 20220414 20.0 PUT$ Volatility futures are characterized by regression to the mean, and this option gives a generous amount of time. Two months is plenty of time for volatility to flatten out. Today may be a little hasty, theoretically speaking, the current price is low, 30 pieces of short is more appropriate, but I still want to go to bed earlier tonight, so it doesn't matter, tomorrow continue to fall as the situation continues to add warehouse. Another opportunity is $Amazon.com(AMZN)$ : $AMZN 20220225 2660.0 PUT$ If the fall will be very considerable, is also a lottery option, should not buy more.