Replies to post #378798 on SPDR S&P 500 (SPY)

[Agoura Guy]

THE $469 0DTE SPY PUTS WERE TRADING AT $0.02 BETWEEN 12:30-1:00PM

JUST BEFORE 2:00PM THEY HIT $0.96 WHEN SPY ROLLED OVER, THATS A 48X BAGGAR GAIN!!!!!

I BOUGHT IN @$0.22 AND SOLD @$0.52 DURING THE SPIKE MAKING A 136% GAIN

I BOUGHT BACK IN FOR AN AVERAGE OF $0.12 AND CLOSED OUT @$0.03 FOR A LOSS OF 75% (MY PREVIOUS POST SHOWED MY EARLIER TRADES NOT YET UPDATED).

I STILL HAD A NICE NET GAIN FOR THE DAY TRADING THE $469 PUTS, AND FOR THE DAY TWO 33% GAINS AND A 143% GAIN.

TRADING CHEAP 0DTE OPTIONS FOR THE MULTI-BAGGAR GAINS IS A CRAP SHOOT BUT WHEN THEY HIT THE RETURNS ARE ***MASSIVE**!!!!!

DO YOU UNDERSTAND THE CONCEPT OF MAKING MULTIPLE 0DTE TRADES OF THE SAME CONTRACTS????

[Agoura Guy]

DO YOU ALSO FIND IT FUNNY THAT THE SAME PUTS WENT FROM $0.14 TO $0.96 IN 5 MINUTES?????

THOSE WHO DON'T TRADE MAKE ***NOTHING***!!!!!!!

ESPECIALLY SMUG PUNKS SITTING ON THE SIDELINES COMMENTING ON OTHER PEOPLE'S TRADING!!!!!!

NOTICE HOW THESE LOSERS NEVER POST ANY ACTUAL TRADES OF THEIR OWN!!!!!