Jason's BigDeaL Trade Alert #31 Last Monday, with global markets unraveling on the heels of massive losses the prior week, I thought it was time to sell volatility and make a bullish bet on the defensive utilities sector (ticker: XLU). The reasoning behind our credit (bull) put spread on XLU was sound, but the play hasn't performed. Indeed, XLU was the S&P 500's worst-performing sector last week, falling 4.22% while the index posted gains of 0.91%. Why has the play gone wrong thus far? Let me play the role of politician and blame China. ...

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