Yeah, they are dumb... exactly the type of work that AI will first take over, soon they are all gonna be Karl JR as they start arguing for class struggle and seizing the means of calculation... if only... they used proper math in modelling.
Whatever was trending upwards, dropped more than 10%, and only dropped because the market dropped, not due to other factors.
30 day calls will all increase by at least 30%
Alright I've never traded options before, but I can see the prices on rebinhood. How did he purchase the contracts for such a low price? When I look at put prices for SPY the contact prices are all > $300. Am I missing something?
I'm the guy on the right for sure. I've brought my portfolio up to a good amount over the last few months and I'm happy to see it only take a small dip. Sold all my calls the day before/that morning.