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To: Pravin Kamdar who wrote (36364)3/23/2020 12:48:25 PM
From: Pravin KamdarRead Replies (1) | Respond to of 73752
 
Just sold 50 $42 covered calls for $1.65.



To: Pravin Kamdar who wrote (36364)3/23/2020 1:19:32 PM
From: neolibRead Replies (1) | Respond to of 73752
 
One advantage the USA has is 50 states. If you completely shutdown interstate travel, or had excellent testing at the borders, you could run 50 experiments and compare results.

I still vote for draconian for 3 weeks. Seems far wiser than dragging it out. I think the economy can bounce back very rapidly from a near 2-3 week total shutdown far better than something drug out for months.



To: Pravin Kamdar who wrote (36364)3/23/2020 3:43:42 PM
From: VattilaRead Replies (1) | Respond to of 73752
 
UK has already implemented shielding measures for the old and vulnerable. People in this group should not leave their homes, not even for shopping and exercise. Food will be delivered. Etc.

However, social distancing advice and measures still apply for the whole population. This is necessary due to the sheer virulence of the disease. Fit and young people also get ill, and a proportion will need treatment. If the social distancing is let up, there is a danger of overwhelming the healthcare system by the large number of hospitalisations, even if most of these are expected to survive with good treatment.

The goal is to flatten the curve below healthcare system capacity, at a minimum.

The exit strategy is more effective treatment (drugs) and ultimately a vaccine.