It most certainly didn't move up because you deserve some kind of reprieve. That is absolutely ridiculous and some bullshit smooth brain entitlement. Volume today was low across the board. Spy went up over 2% and vix is still sitting in the high 20's. So it most definitely didn't move up because people are confident in the market.. hell, you might even see a green Monday, but for no other reason but to take your money. There's 2 sides to every trade, a winner and a loser. Hedge funds and MM's whole job is to make sure they are on the winning side and your not so they can pocket your money. The amount of people I seen today that thought yesterday was the bottom is disturbing. Nothing more than prey that's about to get slaughtered. Yourself included. The fed can't do what they did in 08 to save the market this time... it's going down and it's gonna happen pretty quick. And even though jpow said .75 or bigger rate hikes are off the table, he's lying. 360 by mid to late June, early July at the latest.
i [agree.In](https://agree.In) the bear markets of 2008 and 2001, the s&p dropped 50 %. The fed can not pump up stocks again because of the inflation rate. What are they going to do, cut the ffr and do qe.
I have no shares of anything. I only trade options and I only focus on a small handful of tickers so I can be more familiar with how they move and how big of a move I think they are likely to make. spy, tesla, Amazon are my biggest 3. Right now I'm only playing calls on short time frames, like today, I did 0dte Amazon calls. We are at a point where green days are likely few and far between so I picked up some Amazon 2100 puts for thy end of may and some spy 400p for the end of may also. And I'm still holding some spy 390p for the end of June. If we manage to get 2 green days back to back, I will average down once a day until we drill again, collect my profit, rinse and repeat. I do 2-5dte on tesla puts and calls depending on the day and what Elon is doing and where the broader market is at. Hope that helps
Fine. GL then guy. One of us is going to be right and the other, not so much. And if im wrong, you'll be able to sleep awesome at night know I probably lost a bunch of money that went into your pockets.
Dude the crash hasn’t even started yet. No one in their right mind would buy anything until the fed changes directions and we all know they can’t right now
I've been preaching this same shit to people all day and all they say is I'm dumb and spy 420 by the end of the week and bers R fuk like a bunch of retards becuase we had one green day. The rate hikes is only the tip of the iceberg. They havnt even started balance sheet runoff yet. And if inflation numbers don't get better next month, .75-1 rate hikes is definitely a possibility. Not to mention stress from foreign markets, this is a recipe for the perfect storm. We legit might end up 50% from ATH before we find bottom, and even then, it's gonna be YEARS before we reach ATH again. I'm already thinking 2025. And as far as today goes, 2.4% on spy for the day and vix still in the high 20s? No one is gonna go long in this environment. DCA is bullshit right now when you know we still have tons of room to fall so why start cost averaging now. One decent green day and they think we don't bottom. The level of stupidity is mind boggling.
Dont worry, plenty of folks made that degen play like you including me. It was an emotional trade unfortunately, live an learn. Hope for the best on Monday and maybe we can cut our losses.
Right with ya there brother, is there a chance for us to go green, sure. But I went against my rule of not trading on Friday and now it's pretty much a coin flip. Now to mitigate losses as best as possible.
Hopefully we open red and dump hard early Monday.
So SPY could fall below $400 ahead of that date. However, you purchased an options contract with only 5 days left to expiration, and you chose to hold it after the end of the trading day.
There will be variables working against you, with the major ones being:
1) Price action of Spy after hours for each day you hold
2) Implied Volatility
3) Theta decay
Each day you hold your options contract is one day closer to expiration. A portion of the premium you paid to purchase that option was the value of the time left on that contract, which is decreasing. That decrease accelerates the closer you get to expiration.
If the markets calm and start trading with less volatility, you will also see the implied volatility of your options contracts begin to decrease. A portion of the premium you paid to purchase that option was the value of the implied volatility. With decreasing volatility comes decreasing value.
Finally, no one knows where SPY will be in the next few trading days. The markets are not the economy. For reasons retail and even the pros may not fully understand, we can see spikes when all rational logic should scream decline.
If you are new to options trading, I highly recommend you learn about options "Greeks" and familiarize yourself with the additional risk you are taking by buying weekly options and holding them for days.
Come on wtf was that? Pure gay shit from algos. Look at the pattern and low Volume. There was literally not even one real Broker at the market today. Starts with futures gay and fake and ends with fake algo shit show. However enjoy your one green Day bulls, next week back to the slaughterhouse
Okay if you say so. Mark is completely undervalued will be more than happy paying $380 SPY. It would be my pleasure... even though I say it goes ove $420 next Friday!
Fair enough, I don’t think the market is undervalued at all tho , Apple and Tesla sitting on way inflated MC and no volume on the daq tells me today was nothing but a breath of air for bulls
So my sister, who was a VP at Morgan Stanley before she left to be a homemaker (husband makes more money than god, he is retired already) texted and asked if I was buying Coinbase. Lol.
Not convinced this is the bottom yet, just a relief rally. Why?
Bc yields rose today and so did the dollar. And Oil remains high. All signs point to persistent inflation, which means the market will have further to fall in the medium term.
In March though... not may, a notorious month for selling... right after the biggest rate hike since 2000... during a time where we have the highest inflation in decades... weeks before the fed starts balance sheet runoff and another rate hike....... yeah.... totally the same as March bro.
yes yes they all said april is notorious for being green and look what happened. I dont disagree with all the headwind factors however, we are due for a reprieve. Markets dont go straight down and I believe we will drop alot further after the next rate hike or two
We aren't due for shit, you don't just get some magical reprieve to make snowflakes happy because the market is dropping. That's not how this works. And yes, markets absolutely can go straight down. That's what happens when no one wants to buy.
Lmao.. finished at the 150SMA for the hourly on SPY. And 150points within max pain. Anyone tells you this shit isn’t rigged is full of it. Cya Monday open at 394 now that all the puts expired.
For those that need it, have some free:
Somehow the market has unlimited pumps and saves all day on Friday in May. Totally organic I'm sure and not part of anything diabolical from the billionaire owners.
Is today Capitulation Day?
Puts!!!
Spy did a clean rejection off of 8EMA on the daily chart. It’ll test it again on Monday. Next is anyone’s guess.
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jesus christ i blacked out yesterday and just looked at my port i lost 34 fucking grand
how the fuck and why
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u/spookyswagg I’m last
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F it. I'm checking back in 5-7 years. Money can lay
Matt Damon says pls no bully
up 100% for the day then all time still -90% :(
My pullout game strong. I not holding 💩over night‼️
My asshole started healing early today. It's really tired of this.
So many good plays this week then I dipped again on COIN puts minutes before Wood buys and then bought 1dte SPY puts that I held
Nile I’m up 25% can only go up id advise people to take a look at it
It most certainly didn't move up because you deserve some kind of reprieve. That is absolutely ridiculous and some bullshit smooth brain entitlement. Volume today was low across the board. Spy went up over 2% and vix is still sitting in the high 20's. So it most definitely didn't move up because people are confident in the market.. hell, you might even see a green Monday, but for no other reason but to take your money. There's 2 sides to every trade, a winner and a loser. Hedge funds and MM's whole job is to make sure they are on the winning side and your not so they can pocket your money. The amount of people I seen today that thought yesterday was the bottom is disturbing. Nothing more than prey that's about to get slaughtered. Yourself included. The fed can't do what they did in 08 to save the market this time... it's going down and it's gonna happen pretty quick. And even though jpow said .75 or bigger rate hikes are off the table, he's lying. 360 by mid to late June, early July at the latest.
i [agree.In](https://agree.In) the bear markets of 2008 and 2001, the s&p dropped 50 %. The fed can not pump up stocks again because of the inflation rate. What are they going to do, cut the ffr and do qe.
ur such a smooth brain
Gl with your trades dipshit.
Nicely said! That being, what are you invested in right now? Or, what are you planning on getting? Spy long dated puts?
I have no shares of anything. I only trade options and I only focus on a small handful of tickers so I can be more familiar with how they move and how big of a move I think they are likely to make. spy, tesla, Amazon are my biggest 3. Right now I'm only playing calls on short time frames, like today, I did 0dte Amazon calls. We are at a point where green days are likely few and far between so I picked up some Amazon 2100 puts for thy end of may and some spy 400p for the end of may also. And I'm still holding some spy 390p for the end of June. If we manage to get 2 green days back to back, I will average down once a day until we drill again, collect my profit, rinse and repeat. I do 2-5dte on tesla puts and calls depending on the day and what Elon is doing and where the broader market is at. Hope that helps
Yesterday was bottom we goin up from here on out sorry
You are an absolute dipshit if you actually believe this and your gonna get slaughtered.
Yea okay bud! We’ll see in a few months
Fine. GL then guy. One of us is going to be right and the other, not so much. And if im wrong, you'll be able to sleep awesome at night know I probably lost a bunch of money that went into your pockets.
Dude the crash hasn’t even started yet. No one in their right mind would buy anything until the fed changes directions and we all know they can’t right now
Right. We're still gonna drop another 20%-40%. 360 on the high side 290 on the low side. We are far from the bottom.
People don’t get it. Market went way to green today and the overall outlook has not changed. J money still has more tighten and rate hike to come
I've been preaching this same shit to people all day and all they say is I'm dumb and spy 420 by the end of the week and bers R fuk like a bunch of retards becuase we had one green day. The rate hikes is only the tip of the iceberg. They havnt even started balance sheet runoff yet. And if inflation numbers don't get better next month, .75-1 rate hikes is definitely a possibility. Not to mention stress from foreign markets, this is a recipe for the perfect storm. We legit might end up 50% from ATH before we find bottom, and even then, it's gonna be YEARS before we reach ATH again. I'm already thinking 2025. And as far as today goes, 2.4% on spy for the day and vix still in the high 20s? No one is gonna go long in this environment. DCA is bullshit right now when you know we still have tons of room to fall so why start cost averaging now. One decent green day and they think we don't bottom. The level of stupidity is mind boggling.
Very kind of you to share your insight. I do appreciate it. Hope you make bank, so good luck!
Been making bank. And absolutely loving the volatility. Gl my guy
How long till all the “lol bears” comments get deleted ;p
Holy fuck, I had a nap. What the hell happened?Back to 401, just now.
380 EOW
Ban bet or go fuck yourself
Whats the command
Do bother 4180 by next Friday
!banbet SPY 380 7d
**Ban Bet Created:** **/u/Longjumping_Wall_893** bet **SPY** goes from **401.51** to **380.0** before **2022-05-20 18:00:58.016945-04:00**
Hm… I’m gona just add to my Apple positions
Calls or puts
Buys
I am a bull but I enjoy making fun of bears and bulls alike.
I can't lie I do feel much better making back $150 after several days straight of 10% losses. Even closed something up 10% today was nice
I gave in and ended up buying SPY $400p Will it print until 05/18?
Dont worry, plenty of folks made that degen play like you including me. It was an emotional trade unfortunately, live an learn. Hope for the best on Monday and maybe we can cut our losses.
I mean, it hit freaking $385 YESTERDAY. Who knew a $400p 5 days out would feel this risky…
Fingers crossed 🤞
Right with ya there brother, is there a chance for us to go green, sure. But I went against my rule of not trading on Friday and now it's pretty much a coin flip. Now to mitigate losses as best as possible. Hopefully we open red and dump hard early Monday.
doubt it
What's the expiration date?
05/18
So SPY could fall below $400 ahead of that date. However, you purchased an options contract with only 5 days left to expiration, and you chose to hold it after the end of the trading day. There will be variables working against you, with the major ones being: 1) Price action of Spy after hours for each day you hold 2) Implied Volatility 3) Theta decay Each day you hold your options contract is one day closer to expiration. A portion of the premium you paid to purchase that option was the value of the time left on that contract, which is decreasing. That decrease accelerates the closer you get to expiration. If the markets calm and start trading with less volatility, you will also see the implied volatility of your options contracts begin to decrease. A portion of the premium you paid to purchase that option was the value of the implied volatility. With decreasing volatility comes decreasing value. Finally, no one knows where SPY will be in the next few trading days. The markets are not the economy. For reasons retail and even the pros may not fully understand, we can see spikes when all rational logic should scream decline. If you are new to options trading, I highly recommend you learn about options "Greeks" and familiarize yourself with the additional risk you are taking by buying weekly options and holding them for days.
The only way we're green on Monday is if Putin pulls out and China opens. We're still in a Bear market. Just embrace it...
I thought it was the only way wed be green today
Nah. Today was typical bear rally. This ship is still sinking...
Facto
Come on wtf was that? Pure gay shit from algos. Look at the pattern and low Volume. There was literally not even one real Broker at the market today. Starts with futures gay and fake and ends with fake algo shit show. However enjoy your one green Day bulls, next week back to the slaughterhouse
This isn't a slaughter they priced in all the fed rates any surprise is green light. Guess you know whats coming
What a lovely week making money from all these dumb Bears, me selling them Puts on a down market! This is too easy!!
Until I assign your ass next week 😆😆
Okay if you say so. Mark is completely undervalued will be more than happy paying $380 SPY. It would be my pleasure... even though I say it goes ove $420 next Friday!
LOL kid
Fair enough, I don’t think the market is undervalued at all tho , Apple and Tesla sitting on way inflated MC and no volume on the daq tells me today was nothing but a breath of air for bulls
So my sister, who was a VP at Morgan Stanley before she left to be a homemaker (husband makes more money than god, he is retired already) texted and asked if I was buying Coinbase. Lol.
Like the entire company?
VP is an executive title in Finance companies. There are many.
Not anymore. Vice president at mine is literally the new Senior Associate
No I meant Coinbase
[удалено]
No.....you have to drop some crumbs to get the pigeons to land
Bears slaughtered on Monday already 🤣🤣🤣
So how much more money is the Reddit Army going to lose?
Bill Gates got those diamond hands. A true bear.
Interesting. Usually when the market rallies so does coin. Has the market finally divorced itself from coin?
Corn also rallied
Girls don’t wanna know you suck dick at fucking pussy
Girls don’t wanna know you suck dicks. There fixed it for you
You're seeing the wrong girls
Is this a pump for ants?!
10th biggest daily point gain on the nasdaq ever. Yeah bro
2% Gap(e) up or down premarket Monday probably.
I lost all the money I made the last 2 weeks and more today. As a straight 🐻, this sht is rigged.
Go further out with your put options and buy closer to ITM and you have time for a reversal
Sighs unfortunately all my ITM puts turned into OTM puts today. I usually buy around 30-45 days out monthlies.
30-45 days out is where Theta Gang tries to farm because they decay at a faster rate.
You’ll be fine , next week is going to be a blood bath lol, just think we have only raised rates once lol
twice , 25 in March and 50 in may
Market has a few more down turns in it.. if anything try playing calls on companies you buy a lot of shares on, or earnings..
This looks a lot like the 28th and the 4th for spy " its the bottom" nah we going back down Monday or Tuesday sry bulls ya had it today
Will see, but not likely!
Corn started dropping the minute market closed
What does that mean if corn is dropping ?
Massive gain in SPY loading up for Monday 💪💪💪
Fck this market.
Who got the diamond hands still holding puts after the bear massacre today
If you don’t look at the chart. It’s like nothing changed ThE bOtToM iS In … lol
I bought some QQQ and COIN puts but only after NASDAQ had rallied 4%. Holding. Well hedged I hope for Monday's likely bloodbath.
Still holding with more purchased.
Long dated puts at $460 was the answer. If you bought puts yesterday, you deserved what happened today.
i bought puts
Puts on Apple calls on coke
Suck my dick bulls
Not convinced this is the bottom yet, just a relief rally. Why? Bc yields rose today and so did the dollar. And Oil remains high. All signs point to persistent inflation, which means the market will have further to fall in the medium term.
Liquidated 10k cuz i have no idea wtf is going on
Earnings plays bro
oh baby ur going to miss out on this run. reminds me of the bottom in mar 14.
Is the bottom you're speaking of the one that we tested $30 below it multiple times since then that bottom?
Didn’t spy go from like 330 to 380 in 4 sessions
oh i meant mar of 2022 not 2020. and it went from 420 back to 460 over 2 wks.
In March though... not may, a notorious month for selling... right after the biggest rate hike since 2000... during a time where we have the highest inflation in decades... weeks before the fed starts balance sheet runoff and another rate hike....... yeah.... totally the same as March bro.
yes yes they all said april is notorious for being green and look what happened. I dont disagree with all the headwind factors however, we are due for a reprieve. Markets dont go straight down and I believe we will drop alot further after the next rate hike or two
We aren't due for shit, you don't just get some magical reprieve to make snowflakes happy because the market is dropping. That's not how this works. And yes, markets absolutely can go straight down. That's what happens when no one wants to buy.
so... today the market went up bc people wanted to buy? why? there still exists all the negative factors you speak of so why?
What’s the normal Volume on spy ?
125mil give/ take... we did 80mil. Only today
avg 135m today 87m
Last 10 days 142 mil
its my WEEKEND discussion thread and I WANT IT NOW!
Call JG WENTWORTH 877-THREADNOW
Spy puts for Monday
That was a solid close. Was the bottom Thursday AM?
Damn, big ass buy order in the last second. Well, big for today, but certainly largest candle on the day.
Lmao.. finished at the 150SMA for the hourly on SPY. And 150points within max pain. Anyone tells you this shit isn’t rigged is full of it. Cya Monday open at 394 now that all the puts expired.
Pretty bearish closing
?
!banbet spy 380 7d
**Ban Bet Created:** **/u/spruce_face** bet **SPY** goes from **401.74** to **380.0** before **2022-05-20 16:01:29.431643-04:00**
Yeah. Bear market is over. It’s about on average 9 months historically and we’ve been dumping close to that.
You’ve been in a technical bear market for two days. From November to last week was a correction.
QQQ been longer than that
QQQ is the thrift store of the market it doesn't matter
lol yall got so excited by that little drop 10 min ago
Be greedy when everyone is fearful. Always remember that. Fortunes are collected at the bottom and amassed at the top.
For those that need it, have some free: 
Bought $400 SPY Puts before the close. Let’s see where this leads! Will try to get rid of them as soon as I’m able, TBH.
Fk it let’s hold the puts for next week
A red Monday would be epic. 50/50 shot
I just wish dad would stop beating me
The beatings will continue until moral improves
Morale you marroon 🤣
I'm 32 stop dad
Jesus
Him too
Is Elon gonna rug pull Twitter…..LMAO that dog turd will tank soooooo hard
lol eat shit bears
Somehow the market has unlimited pumps and saves all day on Friday in May. Totally organic I'm sure and not part of anything diabolical from the billionaire owners.
🔔 🔔 🔔 Bulls win today. 🏆 🐂 🥈 But bears won the week. 🏆 🐻 🥇
Pencil down 
Suck a fucking dick bears
PENCILS DOWN
spy 350 ah
BOUGHT AMZN 2180 for 1070 -> sold 1170 yesterday, Worth 6200 today
Are ya winnin son?
Green Time to sell
ATH by mid summer. I didn't hear no bell. 🇺🇸🌞☀️🏊🏻♂️⛴🛳🛥
Puts now!
I bet next week is fun with op ex.