Replies to post #381599 on SPDR S&P 500 (SPY)

[Philosophical Trader]

This is a cheese play and, yes, it can work, but the moment that you try to hang on to those options if things go south you may be automatically exercised for the underlying security. Only put money on the line in this fashion that you are OK with completely gambling away.

[Zazaboy]

Shut up dude.