Replies to post #149303 on SPDR S&P 500 (SPY)

[imiloa]

ah, yeah. premiums were insane yesterday morning.
it's the reason i waited until the afternoon to trade.

fortunately, the put premiums shrunk back down to more typical as SPY rallied in the morning,
so the puts i loaded as the rally stalled were reasonably priced.

but calls were expensive all call until the plunge into the close.

we might see more of the same today if SPY does gap up
after China tanked again.