1000% Gain on Monday $525 Spy Calls

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    Posted by Ghostserpent

    29 Comments

    1. Nice, I think i’m going to start buying more calls & puts after my wild day in TQQQ. Are these called ETFs?? What is “Spy”

    2. drew_peacock23 on

      Nice! Bought 10 525 expiring today near the low for .03, sold them at 1.17 lol

    3. I just converted my account to a margins account and am trying to learn about options. So here, I see there is a call at $525, does that mean you said you wanted the right to buy at $525 and then if it goes above $525, you make money because you paid $18 to buy it cheaper? Or how did you make $4202 here?

    4. Successful-World9978 on

      This was the easiest play ever. Market ALWAYS likes to overreact to data. Plus 518 was a key support level. Did not see how it could go down further.

    5. NyCWalker76 on

      Those $528 strike calls printed too. For only $4 dollars at it’s low, became $100+

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