I open them roughly every quarter. I get max loss if the market goes up more than 5%. Max profit if it drops more than 5%.

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I feel like I’m in the category of “most of America” and even I got in on the fire sale. I’d like to state my rent is paid, I have food on the table and I play the options/shit coin lottery every once in a while. I’d also like to state I am by no means “a crypto guy” but love the thought of “free money” and LOVE WSB. How could someone see a fire sale, see green shit coin markers bigger than your dick on a iPhone 15 pro max and not join the party? I had no money invested at that point in shitters. This morning I’m up a measly 4.5%. Figured I’d be up 25% over night. Not going to HOLD or have golden hands on shit coins. Why? These aren’t stonks nor are we doing 0dte calls/puts because it’s the weekend so my question is “why not?” Why not throw $600 at it for a +20% gamble..? Might work out, might crash, such is life man. I only “put in what I was willing to lose.” Maybe that is why my bills are paid. Maybe that is why I’m not hungry and had money to gamble? Just saying man.. 🤷🏻

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Margin! Loans against your mortgage! Max credit cards! Who cares about the interest rates? You’ll be fine

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Recently found out that my work pays out sick time, up to a max of $2,500. So y'know, that's a little comforting for if I get fired or whatever.

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Opening a futures account to achieve max leverage to fuck this dip with

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I grabbed a 10/17 180/172.50p spread as a hedge when I saw the news yesterday morning What’s the chance this hits max value? I.E. NVDA at 172.50 or lower next Friday

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I have the app for first hand news. Yesterday I saw the China thing and immediately thought this will tank the market. However, I expected a 1-2 percent correction max so I didnt do anything.

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Who else is leveraged to the max and felt extra pain

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The key is to never take a max loss. I theoretically risk $5k to make $1.3k every day, but I always close if my loss is more than $2k. Unfortunately when trump says the T word IV goes through the roof and I have to stare at my account being -50k until the market closes and realizes my max loss of $5k

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Just two vertical spreads of calls and puts. You want the stock to stay within the strike range of the condor otherwise you take the max loss. https://preview.redd.it/1pkdrq213fuf1.jpeg?width=1560&format=pjpg&auto=webp&s=700b3b0fbb2035ba92980b390873ad109cdecc2d

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