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! :-)
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.