Spy puts

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FOMC is bringing SPY down to 490 by Friday man.

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I’m with you on those , grabbed 504 spy puts for next Friday near the highs today, sold half for a small gain before close, don’t like holding a bunch over the weekend

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Picked up some spy calls on that close. 512-516 would be nice for us 🐂 bulls.

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Dammit, my $502 SPY puts expiring the 29th is not going to print.

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Good call if you need that money. You could have easily lost it all on that one trade. The option game is very rigged, usually around earnings. With a 100k+ account the best move is always riding spy/qqq or spreading it between your favorite 20-30 company’s in 5+ different sectors.

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Well, between me and my wife, our income is $215,000 a year. #travelnursing So, I’m doing about $1000 a month. Except, I made almost $20,000 on SPY puts off of $250 when it hit $525…so I’ve currently got about $10,000 on this strategy, between 6 months and 1 year out. I’m not betting on the entire economy to fail. I’m betting on shitty companies that won’t survive the credit crunch.

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Spy to 525

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Wow Spy is trending. What a useful widget.

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Just got off the phone with mr. Vega and mr. Vanna. HUGE move is coming. Spy will be trading somewhere between 0 and 1000 in the coming weeks. Get ready

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