I don't normally mess with options but after seeing the stock market rising mid day on Wednesday and knowing Trump was giving a Iran update I figured it would all come tumbling back down. I got lucky and timed it right, bought close to SPY's peak on Wednesday and sold close to its lowest point yesterday morning.
https://www.reddit.com/gallery/1sbmxnm
Posted by djmc0211
7 Comments
Good thing you were convicted to sell at open because they scammed it back up right after the opening bell
Smart play, many held and got greedy but if you read the market as is slowly started to drift up in the morning that was a signal to sell for shorts and puts and exit on profits.
Nice return. What’s your next play?
Newbie luck, don’t get cocky about it.
Also fuck you and congratulations.
how do i learn ts ðŸ˜
Just for the record, I still refuse to accept this being the new normal 😅
ngl a 345% gain on puts you weren’t even planning to buy is a hard trade to argue with.. trust the read, take the money