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RE: 7/14/17 I'm going to call the "crash and burn" top in the SPY

in #bye • 7 years ago

8/11/17 update: I'm not going to add to my current SPY short via the 8/18 expiry putskis but just for fun since we now "know" the SPY will trade to at least 243.18, let's see what the SPY 244 strike puts that expire today end up at. Now at .23 market as the SPY trades at 244.54..."live!" Don't try these live trades at home sheeple. :-)

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=spy&x=59&y=7&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11

7 years ago in #bye by
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     7 years ago 

    Jeez, I just went to take a shit and these puts have almost doubled already. :O

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       7 years ago 

      3:30 update: Took too long to play out today even though SVXY and UVXY premarket targets were hit. Exit teh trade with a 20% gain in those $244 strike putskis...enuff to cover commish costs on a lotto ticket style bet.

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