
THE WAR IS NOT OVER YET BABY!
I knew it was only a matter of time till some sort of ceasefire announcement will be made and the market shoots up. AND BOY DID IT SHOOT UP THIS PAST WEDNESDAY.
The only regret I have is that I didn't do BIGGER positions earlier this week – VIX has dropped from 25+ to now slightly below 20 which means I won't be getting as juicy premiums anymore but I sure did enjoy the ride these past 4 weeks or so of the war.
I think the ceasefire is on shaky ground and there is room for downside in the next 2 weeks when news of either side backing out comes through (like this Sunday night)- going to be on the lookout and ready to put in some BIG positions when that day comes, FINGERS CROSSED
Current support is at the 6,550 area – this is where I expect to sell premium this week. LETS KEEP THE MONEY FLOWING
My positions this week were the following (basically risked $600k to make $60k this week):
- 6200p / 6100p PCS due Apr 10 @ 9.27 net credit for 20 contracts = $18,548 profit
- 6250p / 6150p PCS due Apr 10 @ 10.37 net credit for 40 contracts = $41,497 profit
- TOTAL = $60,045 net profit
Till next week,
Systerix
Note I trade credit spreads on a weekly basis so follow me and look out for my next gains (or losses!)
For reference, my trades from last week (Apr 2, 2026) : https://www.reddit.com/r/wallstreetbets/comments/1saxyiy/52k_profits_this_week_thank_you_taco_trade/
https://i.redd.it/eq3veqdc8vug1.jpeg
Posted by systerix
9 Comments
Yes,the war is on the way.
Nice one
Nice.. i lost 10k last week on spx weekly condors.. fml
https://preview.redd.it/yzhns7fobvug1.png?width=1026&format=png&auto=webp&s=2345930f9b27b578aa50ffc8464da6f07acf2b99
Keep praying to the TACO God! source Truth Social, Ticker: DJT
Nice. What are your thoughts going into this week?
Beautiful. I do 0DTE and 28DTE pcs/ccs/ic on NDX, sometimes SPX. Haven’t gotten into 4-5DTE yet.
Nice one, Tues I got greedy and took a loss on the call side. Should just stick to put side lol. Still up $12k for the week. What’s your plan this week?
“Basically”
> basically risked $600k to make $60k this week
You think it’s gonna go that low, to 6550?