Sumgai
:
Eh, I got no idea how SPY keeps going up even with the Fed talking about inflation and the not-so-good PPI numbers. But congrats for your profit.
Shadow Monarch Fredo
OPSumgai
:
those june puts will print i can promise you . even a move to 554 which would be good for bulls if they want a healthy move up to new high ( i dont think new highs ) but i would average at 596 .
Sumgai
Shadow Monarch Fredo
OP
:
Well, I already made my peace so let’s see how this turns out. Thanks for the advice so far, I understand that some of it could turn out bad but I went and checked on my own before making my decision to buy puts. So the loss if it comes is on me.
Sumgai
:
But the market is irrational man. Why on earth does SPY go up with bad news? Is someone with deep pockets influencing the flow of the market? I don’t get it at all. I think besides those puts I will stay out because I feel that the market’s like a tightrope which might snap sooner or later.
Shadow Monarch Fredo
OPSumgai
:
well this is a fomo move . can be irrational doesnt have to make sense . but those june 30 spy puts actually went up today lol and market was up . things are aligning for a move down sometime soon
Forrest019
MoneySavage
OP
:
What are you saying? Jesus, is it so hard to just admit you are clueless? I didn’t attack you why would you just haress me? This is my account on fidelity I only use MooMoo for TA
Forrest019
OPGoatie
:
you are the smart 13%, see for a while and you will see how many people all in with Option in recent market and they will think they are buffet until the black swan emerges.
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