I bought a few puts expecting the rate news to be “buy the rumor ..sell the news” and the potato is now steaming hot … what are the chances of me coming out in green ?
Some of y’all need a reality vs expectation adjustment.
You should give your money to a fiduciary so your kids don’t end up poor and hungry.
Tersiv on
what’s astonishingly disturbing is it was completely flat yesterday then today like a badly scripted tv show it shoots up 8% – it was literally like 0.01% yest.
MrForever_Alone69 on
My man you need the BoJ to rise 15bps or you know for the market to have an irrational rant and drop out of nowhere ![img](emote|t5_2th52|4275)
ElonMusksAlgorithm on
Never buy puts expiring same week. Essentially you are handing money directly to JPM every time you do.
VirusesHere on
That’s a lot of confidence in a rumor.
[deleted] on
[deleted]
Accomplished_Dot9815 on
Imagine if you just bought shares of any random stock you’d be better off
AlfrescoDog on
You can’t do anything about it now, but if you check out SPY’s chart, the last two times when it looked as if we were starting a new leg up (July 16 and August 30), both got a surprising gap down the next day.
And hey, tomorrow, we have Triple Witching.
Both situations made me cautious on the long side. It seems too frothy.
HOWEVER, I didn’t open 0DTE puts.
e: I’m not saying I agree with your play, but I’m giving you something to wish upon a shooting star.
jitheshani on
You need BoJ to save you, tune in for that.
NRG1975 on
The 20ths are probably toast, the 27th one is probably good to go.
RyuguRenabc1q on
You poor broke fool
dalixz25 on
You need SPY to gap down considerably to be green.
Relative-Swim263 on
Kids? OP is the kid 🤣
DanielzeFourth on
Warren Buffer: “interest rates works as gravity on stocks, the higher it goes the lower the stocks go”
WSB: inverse that regard
BrewDodger on
So I m not alone…
daco_taco on
Yeesh looks worse than mine and mines bad
blaezen2018 on
Not as bad as working at a fast food place
stockslayer96 on
To ‘ put” it bluntly…you be toast 💩💩
PuntacanaPirate on
50/50
AGenerousG0d on
You hate money that bad?
IntolerantModerate on
You can sell now and lock in the losses, or you can double down and double the losses, or ride it out and ride the value to zero. Either way, I’ll see you behind Wendy’s.
Chart-trader on
Pretty bad
cchris6776 on
Congrats!
dobrimoj on
It will print
Letsgetthisbread8812 on
I think you are fine honestly
noimnotinterested on
No leverage all regard ![img](emote|t5_2th52|4260)
SPY closed green on 8 of the last 9 trading days and mooned more than 4%-5% in a week. This trajectory isn’t sustainable and a decent sized pullback is needed to continue this bull run. Your 567+ puts might be safe. Can’t say the same about the others.
Calvertorius on
Bank of Japan going to raise rates in about 3.5 hours, then we’re going to get a nice pullback in our market tomorrow.
You’ll come out good but I’m going to still take a hard haircut on my puts (they were long)
Nicaddicted on
Just delete the app at this point
covid_endgame on
Imagine thinking this little of the American economy.
InfluenceChoice4515 on
LMAO THAT SHIT WILL BE WORTHLESS BY OPEN
IamInternationalBig on
J Powell said “fuk ur puts ghey ber”
NochillWill123 on
I sold my next week puts lol this BS rally is going to trend for a tad longer
cscrignaro on
Might as well hold until 3pm Friday. Market could always reverse, who knows.
39 Comments
Pass the potato ASAP. It’s cooked
Damn I bought puts to
https://preview.redd.it/1ag9f3owgupd1.jpeg?width=736&format=pjpg&auto=webp&s=9e94df900a0fceb12d962de4c15c39bfad5f216a
Some of y’all need a reality vs expectation adjustment.
You should give your money to a fiduciary so your kids don’t end up poor and hungry.
what’s astonishingly disturbing is it was completely flat yesterday then today like a badly scripted tv show it shoots up 8% – it was literally like 0.01% yest.
My man you need the BoJ to rise 15bps or you know for the market to have an irrational rant and drop out of nowhere ![img](emote|t5_2th52|4275)
Never buy puts expiring same week. Essentially you are handing money directly to JPM every time you do.
That’s a lot of confidence in a rumor.
[deleted]
Imagine if you just bought shares of any random stock you’d be better off
You can’t do anything about it now, but if you check out SPY’s chart, the last two times when it looked as if we were starting a new leg up (July 16 and August 30), both got a surprising gap down the next day.
And hey, tomorrow, we have Triple Witching.
Both situations made me cautious on the long side. It seems too frothy.
HOWEVER, I didn’t open 0DTE puts.
e: I’m not saying I agree with your play, but I’m giving you something to wish upon a shooting star.
You need BoJ to save you, tune in for that.
The 20ths are probably toast, the 27th one is probably good to go.
You poor broke fool
You need SPY to gap down considerably to be green.
Kids? OP is the kid 🤣
Warren Buffer: “interest rates works as gravity on stocks, the higher it goes the lower the stocks go”
WSB: inverse that regard
So I m not alone…
Yeesh looks worse than mine and mines bad
Not as bad as working at a fast food place
To ‘ put” it bluntly…you be toast 💩💩
50/50
You hate money that bad?
You can sell now and lock in the losses, or you can double down and double the losses, or ride it out and ride the value to zero. Either way, I’ll see you behind Wendy’s.
Pretty bad
Congrats!
It will print
I think you are fine honestly
No leverage all regard ![img](emote|t5_2th52|4260)
Ur fine, don’t worry. We topped.
Ur gonna be at 10k+ profit tomorrow.
![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
You belong here.
SPY closed green on 8 of the last 9 trading days and mooned more than 4%-5% in a week. This trajectory isn’t sustainable and a decent sized pullback is needed to continue this bull run. Your 567+ puts might be safe. Can’t say the same about the others.
Bank of Japan going to raise rates in about 3.5 hours, then we’re going to get a nice pullback in our market tomorrow.
You’ll come out good but I’m going to still take a hard haircut on my puts (they were long)
Just delete the app at this point
Imagine thinking this little of the American economy.
LMAO THAT SHIT WILL BE WORTHLESS BY OPEN
J Powell said “fuk ur puts ghey ber”
I sold my next week puts lol this BS rally is going to trend for a tad longer
Might as well hold until 3pm Friday. Market could always reverse, who knows.