Replies to post #378793 on SPDR S&P 500 (SPY)

[Agoura Guy]

EDUCATE YOURSELF ABOUT THETA DECAY AND SEE WHY 0DTE SPY OPTIONS ARE SO POPULAR. 3,000,000 - 4,000,000 0DTE CONTRACTS TRADE EVERY SINGLE DAY FOR THIS REASON!!!!!!!

MY ODTE TRADES SO FAR TODAY:

$473 0DTE SPY PUTS 33% GAIN

$473 0DTE SPY PUTS 33% GAIN

$472 0DTE SPY PUTS 143% GAIN

$469 0DTE SPY PUTS 136% GAIN

...

LAUGH ALL YOU WANT FOOL!!!!!!!

.... AND YES, 0DTE OPTIONS HAVE ONLY BEEN AVAILABLE SINCE 2022. PRIOR TO THAT ONLY MONDAY, WEDNESDAY AND FRIDAY OPTIONS WERE AVAILABLE WHICH HAVE MUCH GREATER THETA!!!!!!!

YOU HAVE A LOT TO LEARN ABOUT THE STOCK MARKET!!!!!

[Agoura Guy]

SPY BOTTOMED OUT AT $380 ON MARCH 13, 2023 AND SINCE THEN LONG TERM SHORTS NO LONGER HAD THE SAME POTENTIAL AS THEY DID IN 2022 SO IN JUNE I SWITCHED MY STRATEGY TO 0DTE OPTIONS WHICH ARE FAR MORE PROFITABLE IN A MUCH SHORTER TIME FRAME.

WHAT'S SO HARD TO UNDERSTAND????

LOL