Friday, December 22, 2023 3:18:06 PM
power11, i'm not a "shortie."
if you check my posting history,
you'll see i scalp both calls and puts
depending on what i see in the chart,
and i rarely hold overnight,
esp in this chaos, both market and wars.
and, fwiw,
preaching bull rallies every day
is just as pointless
as preaching bear plunges every day.
markets go up over the long haul
both due to economic expansion with population growth
and concerted manipulation to raise shareholder value.
but they don't go up every day,
as we saw two days ago,
when SPY OTM puts ran 50x-100x in a couple hours.
eg: those $473 lotto puts
MoD got weds for .03
that ran over 3.00 by the close.
and my 473p today were up >300%
while i was stuck distracted with other people's problems.
and, fwiw, SHOUTING in ALL CAPS
doesn't make anyone think you are more clever
nor more correct.
it just makes you look desperate to heard.
99.99% of all pinks are scams. Best to assume the other 0.01% are as well.
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