$390 SPY puts? This belongs here. Enjoy your profits while you can
iSewar on
Nice profits brodie i made 30k last week but damn in an hour is crazyđ
Sweaty-Garden814 on
Loss porn only please
psychovo on
âPast Hourâ Fuck you đ
TheBooneyBunes on
What is that put?! 390?! That would mean like a 30% drop in the market, did Covid crash even go 30%?!
whenisthecake on
With everyone freaking out over the $390 put, my understanding is that options don’t need to actually be ITM to be profitable so would it be fair to say OP isn’t expecting SPY to actually crash to the 300’s but rather simply a big enough downward movement suddenly would make these puts print? Like say SPY goes from $560 to $520 somehow in a few weeks, that would increase the price of these puts (granted marginally but they probably cost dirt cheap too) and would be enough to sell to close for a profit? If so, why is everyone freaking out assuming OP is banking on a 30% SPY crash or something
Affectionate-Ad-8167 on
What app is this?
TopTheory1170 on
What % is SPY down in overnight trading?
gaius_worzels_bird on
$390 puts on SPY??? 
darkchocolattemocha on
Everyone here freaking out about the 390 strike must be a beginner. OP is not betting that spy will be at 390 you idiots.
asaptvm on
Guys what the hell is this ?
zackfisher1 on
Dang your option expire two months ago. I wouldâve done better if I could time travel
14 Comments
Positions or ban
$390 SPY puts? This belongs here. Enjoy your profits while you can
Nice profits brodie i made 30k last week but damn in an hour is crazyđ
Loss porn only please
âPast Hourâ Fuck you đ
What is that put?! 390?! That would mean like a 30% drop in the market, did Covid crash even go 30%?!
With everyone freaking out over the $390 put, my understanding is that options don’t need to actually be ITM to be profitable so would it be fair to say OP isn’t expecting SPY to actually crash to the 300’s but rather simply a big enough downward movement suddenly would make these puts print? Like say SPY goes from $560 to $520 somehow in a few weeks, that would increase the price of these puts (granted marginally but they probably cost dirt cheap too) and would be enough to sell to close for a profit? If so, why is everyone freaking out assuming OP is banking on a 30% SPY crash or something
What app is this?
What % is SPY down in overnight trading?
$390 puts on SPY??? 
Everyone here freaking out about the 390 strike must be a beginner. OP is not betting that spy will be at 390 you idiots.
Guys what the hell is this ?
Dang your option expire two months ago. I wouldâve done better if I could time travel
Itâs an old screenshot dumb fucks