SPDR S&P 500 ETF Stock Discussion

Fredo in the cut : at best the puts will be up 20% earnings decay . youd need 2 big down days on pltr to pay off

The Warlock OP Fredo in the cut : absolutely has not been my experience. Theoretical price for these are up over 130% - which is overblown. But if it holds at 113 or less it'll be a 2x play easily.

Fredo in the cut The Warlock OP : i was also up 150% on my apple puts then they pumped 1% and i was only up 20% friday after earnings then today they ran over 3x . im just saying i thought pltr was pricing in over 10%

Sumgai : What would be the reason for SPY falling? I know it’s supposed to be a no brainer but SPY was expected to be bearish last week but it rose…perhaps market makers, optimism or something. But why wouldn’t that continue this week?

The Warlock OP Sumgai : SPY seems to be reacting most and foremost to market sentiment. PLTR was one of the most traded stocks on the market today and it dropped 9% (so far) in aftermarket.
SPY tends to follow these trends.

Nightwolf-moon : breaking down of a rising wedge , head and shoulders forming , double top and bearish divergence  oh yeah. definitely

wolfofTennessee : im still waiting on that 200ma to get wicked but ive been bearish just a week early.

Sumgai : Thanks for the advice.

Fredo in the cut OP wolfofTennessee : im usually a week early myself so i might have to inverse myself lol . i usally just stay away until i notice a trend change im ok missing out the extra 2-3%

The Warlock : closed out with 100 more dollars in your pockets. that's a win.

Sumgai : Dude, you didn’t lose money in this pump and dump market and that’s already a win:

Christopher Cioc : yeah, lol I lost $50