I said I would quit 0DTE options but here I am… kept seeing oil prices trending lower, I kept reopening a position at different strikes throughout the morning, and the market just kept pumping. Pics show my most massive gains. If I had held my original position, that would have been an additional 10K gain (see last pic) but I’m not gonna be mad about that, gains are gains, and I’m not gonna try to be greedy like the past and end up reversing my luck.
I will say that as a recovering 🌈 🐻 addict, I noticed that it was becoming too easy to be a bear and everyone was switching to puts. The same thing happened at the start of the Covid pandemic and then jpow activated the money printer and sent every bear in existence back to Wendy’s, the same thing is happening now
https://www.reddit.com/gallery/1sldewz
Posted by thehandsoap
12 Comments
Where did you hear that war is over??
https://preview.redd.it/c2ru3ukrl6vg1.jpeg?width=1165&format=pjpg&auto=webp&s=4c0b01088ba14e0647175ef0d73e492379f6e55c
Don’t fight the “Truth”.
Who said it’s over
Is this good ?
https://preview.redd.it/90emy6csn6vg1.jpeg?width=1170&format=pjpg&auto=webp&s=06e17b426d65e9306276b12cf0a119eea857a511
lucky you
This market will turnover because of the REALLY dumb move Orange pulled. Physical oil is share around 150-160 while oil futures are below 100. The world isn’t ready for the VAST supply shortage and ripping inflation.
However, that’s not this week and probably 1-4 months. Long bear in bulls clothing
https://preview.redd.it/fb78or4hq6vg1.jpeg?width=320&format=pjpg&auto=webp&s=8f828e2f82432fa3f131a707da177c5a336ae7e9
Every person who engages in ODTES options is like this – they become addicted.
Casey Jones, you better watch your speed.
Never before has the market been so completely divorced from reality. I had Midas touch last fall now I could crash a blue chip stock with one position.
I took profits and then it went up another $2 💀🔫
No. You buy puts when the war is actually over.