I placed a small wager on a local maxima. I purchased 100 SPY $325 puts for $3.40 today, expiring March 20
Essentially controlling $3,250,000 of stock with $34,000.
Just on a gut feeling that the economic impact from the virus hasn't been priced in (yeah I know everything is priced in, except when it isn't).
I am probably out at a 5% dip in the market, which would make about $70,000 profit.