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 .
Today, JPOW had to admit he’s out of options and his tools aren’t gonna work. The 25 pt is just to show he did something but it’s really a Hail Mary. He hopes inflation will come down to 2% and that jobs will materialize out of thin air.
I mean im trading 100k between the two ports and my trading account is 100% options and futures and retirement account is 50/50 shares and options. The difference is the tickers being traded, the capital % per options trade, and the dte selected. So i guess im agreeing with you cause all of this implies the opposite of hail marry's. I also do not put on new trades every day. Im very strategic and patient with my entries and resist the FOMO. Only take about 10-20 trades a year on my long term account and average 50% a year.