No offense but that was hard to comprehend, it sounds like it moved 10 bps up against you but you’re saying if it just moved 10 bps for you you would have made 200 k
How were you able to buy spx contracts for 7 dollars?
Man, one day I bought 200 qqq puts on Friday at 4:13 pm for .07, 200 contracts .
The direct opposite of what I thought would happen occurred Monday. Ironically it moved 10 points that day I would have made 200 k . It sucks to be wrong on Hail Marys
Now I’m just trading consistently SPX . Best of luck to you .
You could buy tqqq puts of you really wanted to but I don’t think I’m going to do that
Or sqqq calls
Let’s keep it classy and stick to the underlying however. We only want back above 25 k
I do, I’m tired of not being able to make this work after a year of trying. Recently had my largest drawdown yet of 4 k and I feel like I have to get back above 25 k somehow. I think I could hold my 15 k holding but it could take weeks to a year for that one to appreciate so I’m going to go with the 3 month out puts and then go apply for a job at fedex and hope I’m right
I won’t be able to buy them until friday or monday bc I’m no longer above 25 k and flagged PDT and going by cash account rules so I’ll have to buy them on friday or monday and hope the market rips up the next few days so I can get a solid price
But no sir I’m gonna catch a juicy 2 % gap down and make out like a bandit in a session or 2
584.78
It’s the only one available between 580 and 589.78, go to the 121 days out options chain and look yourself
at least that’s what I was thinking about. Idk if I’ll get that strike exactly but it seemed to be a nice round 2 k per contract about so I can probably get about 8 of them