Hot CPI this morning → bought SPX 0DTE 6695 puts at open
No hedge, no plan, just vibes. Go with the flow moment!
Market chopped for a bit then dumped hard. Contracts went stupid fast. Was up big, held longer than I should’ve, then closed for a bit over +30k before lunch.
Yeah I know this could’ve gone to zero just as easily. had to get out!
Today we eat. Tomorrow I probably donate it back.
https://www.reddit.com/gallery/1rx7dhj
Posted by imsuffi
2 Comments
0 brain cells. It was mainly because of oil and Iran escalations and it was a PPI report. Market was dumping 2 hours before.
Next time short something more volatile like Ethereum. You barely made money off a $3 move on SPY
CPI? this was PPI…
good thing for you that iran escalation occurred today, watch out for your next happy accident