DIA
State Street SPDR Dow Jones Industrial Average ETF Trust
stock NYSE ETF

I bought a way out of the money put on DIA right at the close.
The short term trading could determine the long-term outcome.

I’ll simplify this for you, If you are investing for retirement, invest in a few funds like the VOO, VTI, and the DIA. If you are investing specifically to bring in income through a brokerage account, invest in funds like SCHD and FDVV.

Bought a call option on SLV yesterday so I still need some positive traction on that thing.
Just bought a DIA call for mid-October.
I think the Bols take control again but who knows.
Even cash on the sidelines doesn’t sound like a “safe” play — since it’s anchored by cement shoes aka Teh Bond Market.

I don't necessarily want to convince you, you should do what feels right to you. But for a counter view:
I'm considering a SPIA or a DIA for a small portion of my portfolio. Not because I'm afraid that I will panic sell in a market downturn, but 1) because there is pretty decent evidence out there that retirees with guaranteed income (vs taking from portfolio) are happier, more confident, less stressed, and spend more. I want to be happy and confident. And I can see myself being the sort of person who will spend less and have a very small life in retirement when I don't have to. Also 2) I am single and don't have children. This means both that I am less worried about leaving a large pile of money when I die, so an annuity works well, and also that I am more worried about cognitive decline and not having anyone step in to stop me if I start deciding things like I need to get involved in spot trading Bitcoin or a pig butchering scam or any number of horrible things that could lead to financial ruin. An annuity protects me against my cognitively impaired future self.
Links:
Annuities and Retirement Happiness: [https://ringlerassociates.com/wp-content/uploads/2021/11/AnnuitiesHappiness2012\_TWatson.pdf](https://ringlerassociates.com/wp-content/uploads/2021/11/AnnuitiesHappiness2012_TWatson.pdf)
Annuities and Retirement Satisfaction (Rand Corp.): [https://www.rand.org/pubs/drafts/DRU3021.html](https://www.rand.org/pubs/drafts/DRU3021.html)
Guaranteed Income: A License to Spend (Blanchett & Finke) [https://papers.ssrn.com/sol3/papers.cfm?abstract\_id=3875802](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3875802)

I now don't regret selling my DIA and SPY calls.