Replies to post #378873 on SPDR S&P 500 (SPY)

[Agoura Guy]

I PREVIOUSLY BOUGHT SPY $500 JUNE AND DECEMBER, 2022 PUTS WHEN IT WAS IN THE $470'S. I SOLD MY JUNE PUTS WHEN SPY TANKED TO $363 IN JUNE AND DECEMBER PUTS ON OCTOBER 13TH AT $348.

MY DECEMBER PUTS HIT $15,200 PER CONTRACT, BUT VOLUME IS VERY LOW IN THAT PRICE RANGE. I HAD TO EXERCISE TO EXIT THE POSITION.

AFTER ALL THAT AND 9 MONTHS OF WAITING ON THOSE PUTS I MADE 2.9X BAGGAR GAIN.

ON A GOOD DAY SIMILAR RETURNS CAN BE REALIZED TRADING 0DTE OPTIONS!!!!!!!

WHEN THIS BUBBLE FINALLY BURSTS 10-20X BAGGAR 0DTE GAINS WILL BE POSSIBLE!!!!!!!!