I cannot take the volatility of the last few weeks. Weekly options are too hard and volatility is crushing.

    I believe in the market. The fed will cut rates. 7k SPY 700 calls

    https://i.redd.it/apkgwuwyxm2g1.jpeg

    Posted by Mysterious_Bit3542

    28 Comments

    1. Particular-Stand5911 on

      We’re at wait-and-see levels for now. I wouldn’t count on a Santa rally this year. There’s going to come a point when the Fed will cut rates. Until then, we’re sideways to trending down.

    2. I’m holding a 785 call for that date, i got a while ago, its down 75%, could happen though, had a spike yesterday AM almost sold it for a loss.

    3. Nah homie, when the floodgates open the selling pressure from all the boomers who decided that they wanted to “capitalize on the market” is going to bring us back to $450

    4. I mean bro… they are cutting *because* the economy is in a contraction cycle and employment is rising. Do you honestly think that lowering the borrowing rate 50-100bpp is going to cause some reinvestment into hiring workers? Or reinvestment into more AI bullshit instead?

    5. I’m limiting my comments on Reddit as I believe Shorts and Hedge funds have infiltrated the product

      So less is more

      Ha!

    6. Affectionate_Owl5842 on

      Fed has to cut rates or it’ll contribute to a housing affordability crisis. People renewing should expect to pay higher mortgages since a large sum of people got mortgages or renewed ~5 years ago to take advantage of cheap rates

    7. CommonRemarkable7633 on

      Bro is trading like the US is the only country in the world. Ignoring the collapse of the yen carry trade.

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