Replies to post #332381 on SPDR S&P 500 (SPY)

[USDollar]

tell me if I'm right

even if you are correct or lucky and you do get a 6-8 bagger
but if you lose 8 or 10 times waiting and waiting then the 8-bagger win won't cover the cost of losses

Quote: "Everyday I consider buying at the money puts a month + out...
Because I know they could easily be 6-8 baggers... That'd be huge.
I'm just watching and waiting for volume, and trying to avoid time decay."