InvestorsHub Logo

spartex

03/09/18 6:47 PM

#256348 RE: risk on #256337

as someone said that call sellers were on the hook as max pain was a much lower price point. That’s right



Yep, dat was me pointing out the developing losses for those who had sold SPY calls in the low 270's area (where max pain was 273).

I may have missed my exit today, but am on watch to push the ejection button on Monday if the SPY has a LH2 and LOX fueled stage III in its rocket! :-)

photo4u

03/09/18 6:53 PM

#256350 RE: risk on #256337

I left over 60k on the table, sold my spx calls at 4.50 yesterday , they hit 38 today. I started some qqq puts for 2 weeks out. As you said I'm not really believing this rally.

GuTA

03/09/18 7:12 PM

#256359 RE: risk on #256337

Next week could get a little crazy with the all the witching. I’m back to mostly cash... ready for some more Big moves !