[ConservativeOptionStrategies] Maybe someone can help me out with this one

 

If the market is turning bearish, as one of my subscriptions tells me, then I'm considering buying TZA, which closed @ 6.30.
The May $6 put is only .033 and even the June is 0.59 so protection is pretty cheap for this 3X contra, which makes for a very nice opportunity.
What am I missing?
Lou

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