Just to keep this going. I don't understand this forum not discussing opportunities. There are so many on here who seem quick to want to discuss politics or predict the end of the world or the top or the bottom, there should be some genuine discussion going on about what can be captured going forward.
i DCA'd once into IVV + VEU as planned, a couple of days after you created this thread, but have basically done nothing else. i'll look to do the same again at some point, maybe in a couple of weeks on another big down day, but no immediate hurry as i don't want to burn thru all my ammo too quickly. however for the next DCA if AUD/USD has dropped to anywhere near 0.5000, i might switch in IHVV instead of IVV.
the only other trade i've done since the start of this thread is sold 2 (yes two!) contracts of BHP OTM puts, for a couple of reasons;
1) my BHP holding is 200 short of a round number due to weird lot sizes in some options i got assigned a while ago (sometimes BHP contracts go to 104 lot sizes for reasons that are still unclear to me), so wouldn't mind getting assigned on these puts to top it up to a nice round number at a sizable discount to the current price and if not, i still collect some decent time decay, and
2) i wanted to find out just how much of the spread the MMs would make me cross in this sort of market, and for that purpose i was fully prepared to cross as much of that spread as i had to in order to get a fill (given that it was only 2 contracts i didn't really care about having to cross the gigantic spread, was mainly doing it for science), by moving it in a tick or two every few seconds. much to my surprise, i got filled very near the mid (1.19 into a 0.80/1.59 spread) for a cool 100 IV at the time, or in other terms 4.4% of the stock price for 12 trading days of decay.
i'm also aware of the irony here given i complained in another thread about the move to 100 lot sizes resulting in some of my 50 or 100 contract orders getting annoyingly nibbled at by 2 or 3 contract trades in the past. but now the nibbled has become the nibbler!
i'm glad i did that trade though, probably the most useful aspect of the trade is the information i got that maybe options aren't quite as untradeable in this market as i first thought, despite the huge spreads, at least in the very liquid names. looking to sell premium into these super high vols might be worthwhile, eg. sell short dated covered calls or vertical calls on those occasional but huge one day rallies.