very happy hedgers today. And they are probably not throwing rocks and their bankers for keeping their feet to the fire to keep their hedges in place.
On 4/6/15 I sold a Dec 58.00 put. A couple of days ago when it was threatened, I sold a future to give me a covered put trade. All indications are that I am going to be just fine on the trade - - - unless the futures whip-saws and takes out my short future.
No where is it written that the is an easy business!
Best wishes,
dhm