330k in $SPY PUTS

    https://i.redd.it/63luyqxs0cvd1.png

    Posted by Useless_Rat

    37 Comments

    1. RichardUkinsuch on

      Got to ask what the exit strategy green 30% red 20% or scared money don’t make money?

    2. Puzzled_Lobster_69 on

      Zoom out on SPY and ask yourself why you’re trying to bet on a crash or correction. You might be right 5% of the time, just buy calls bro

    3. I think we could see a pullback to 5800 if that break could retest 5760 and maybe 5600 people are sitting on big gains and going to take some off the table before 2025.

    4. Mountain-Bar-2878 on

      Should’ve waited til 600 on spy imho, I do think these will work out though

    5. fleamarkettable on

      “fuck it quarter mill that we’re more or less flat for 5 months” ![img](emote|t5_2th52|8882)

    6. PaperHands_BKbd on

      What are these reasonable strike prices? I thought all SPY Puts started with a 4?

      But really, again, you have time and need one correction to be right. Christmas is coming.

    7. Infinite-Chocolate46 on

      I have been bitten in the ass every time I’ve bought SPY puts, good luck friend

    8. I wish I didnt’ lose all my money so I can buy 10k in spy calls for tomorrow because tomorrow it will go to $600

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