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Multiple WSB DD posts suggests we are likely going to have a temporary bottom at around 210. If we reach 210 tomorrow I am planning to buy VIX puts and some shares. Currently holding SPY puts that I might sell tomorrow.
Love the use of WSB as actual DD
Same
I had to get into some QQQ $150 5/15 puts since SPY premiums were obscene but mistimed it, so those are down quite a bit. If I can break even or even gain a bit tomorrow morning I’ll sell. Do you guys think it’d make sense to get into some calls at that point for a mid week rally?
Same here, bottom is supposed to be around $213 on SPY. Will try to sell after circuit breakers and buy in once we know more about stimbill
Cuicuit breaker seems unlikely today with FED QE5.0