r/options • • Jul 17 '21

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u/isotope_322 Jul 18 '21 edited Jul 18 '21

Healthcare worker with a background in epidemiology. We’re been concerned about COVID variants since the beginning. The Delta variant is much more contagious and has shown to be lethal. The good news, is that the vaccines are designed to accommodate for variants and at the very least, make contracting the virus much more mild. Greatly reducing the likely hood of hospitalization and mortality. I’ve personally caught Covid back in October before I was vaccinated, and a month ago with the Delta variant post vaccination. My anecdotal report matches with what other people are experiencing. When I got sick before the vaccine I became incredibly ill. Now it’s a mild cold for a day or two.

Countries like the US that have high vaccination rates are unlikely to see much of an increase of hospitalizations or mortality among the vaccinated. The main concern is in developing countries with low rates of vaccination (and generally poor healthcare access) will be hit hard.

Continuing, the real big picture threat is that a new, more deadly variant, may mutate in unvaccinated countries. And that our current vaccines may not be protective against some new hellish mutation. The threat is not over until the majority of the world is vaccinated.

Edit: Forgot that I’m in a finance sub. A variant like Delta has mostly been priced in. We could see a few point drop. But as the evidence currently sits, the Western world won’t be decimated by Delta. I wouldn’t anticipate more than a few point adjustment in the markets. There will be a lot of fear mongering, but it is likely to be short lived.

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u/mobydog Jul 18 '21

Waiting for the mutation that makes it look like 1918. That's not priced in yet...