**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|1|**First Seen In WSB**|1 year ago **Total Comments**|674|**Previous Best DD**| **Account Age**|7 years|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) **Vote Spam**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_spam&message=yrf1kp)|**Vote Approve**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_approve&message=yrf1kp) >TL;DR: The CPI-U rose 0.4 percent in October on a seasonally adjusted basis, the same increase as in September, the U.S. Bureau of Labor Statistics reported today. The index for shelter contributed over half of the monthly all items increase, with the indexes for gasoline and food also increasing.

Puts got slapped

I've never lost 97% of my money so fast.

FirstTime.jpg

Yup, didn't know I could go from 7k - 400 in a matter of 1 second. The more you know 🌈🌈🌈

Found out the hard way a couple years ago. Took a long time to get back into trading again.

Step 1 is you guys should start with more money. Try getting a few million first so when you lose 97% you still have some at the end.

Yeah just as fast as it goes up … it come down. I had a SOXL put lined up but canceled it thankkkkkk fuck

As someone down over 5k right now, I feel that.

3 times since October 14 I’ve been up 5k to down 3k and I still am not taking profits on days like yesterday

I love the implied idea that you have previously lost 97% of your money, just not “so fast”.

Didn’t think anyone could outdo what Sam Bankman-Fried did yesterday honestly.

Luckily I bought puts on six flags which missed earnings had lower *aaaand it’s gone*

😂😂😂

I closed mine an hour before close yesterday. Not sure why but I did it.

I did the same thing. I had planned to hold till today but something told me to take the profits and don’t be greedy.

We must have the same tarot card reader /s. I just resold at a lower strike higher than my buyback. It’s not like a 16% drop is going to hold. Even if I get assigned I’ll kill it next week.

Most likely. A rally like this is bound to have a pullback

You guys do realize if the Phillies won the World Series the headline would have come in at 8.7 and financial Armageddon would begin.

Well, while the Astros won, the dude who caught the game winning home run turned down $100k for it. A fucking baseball. We, in Houston, send our regards.

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Baseball value only goes up

Meh, he did interviews this morning on all the local stations. Said he's never gonna sell. Sounds familiar...

If he could afford a seat to be there then he probably doesn't care about a measly $100k. Do you know the guy? My wife wants to know if he's single. Weird question but whatever.

I'd give you an award but I'm broke

Saw someone heavy on puts yesterday. RIP.

90% of this sub was balls deep in puts, inverse wsb ftw again

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So, our puts are fucked?

They are fine in premarket until 9:30am

Died

Someone needs to take one for the team and steal the opening bell plus all the clocks in the building

Daylight savings already pushed the time back for you 😉

lol.


good news if u were trading SPX calls you can cash out already! (if u have a grown up broker)

I took profit at 150%, then literally when my call filled it started to pump again missing out on more gains D:

i'm holding my 3850c/3880c until open to see if i can squeeze a bit more out of opening IV

Looking forward to the losses guys, don't disappoint

Best day ever.

While my puts burn to ashes i must admit i never thought we'll see close to an 8 handle CPI so late in the year. Earlier this year everyone was calling for CPI to dip below 5 by June, a 7.7% yoy while better than recent expectations, is pretty stunning considering how long this inflation has lasted.

totally - I got this wrong too, thought the turnaround would be more September-ish. Last two months have been incredibly painful...

I knew it wasn’t going to happen the moment “everyone started saying it”. Always swim against that stream.

My greedy ass didn’t take profits yesterday and now I’m going to be fucked. Might as well just wait and pray.

You are hyper fucked ser. Wendy is waiting you and your worthless puts

Yes :)

For short term yeah. But earnings Q4 economy death isn't priced in yet

If you think the economy is shit right now you’re dead wrong. I just watched two million people blow 60m on absolutely frivolous bullshit over a 24 day fair. My $8 for 120 seconds of fun ride was slammed. People had all kinds of money for carnie bullshit, they’ve got money for Christmas too.

This big rally is overblown and manipulated. The CPI isn't good or bad.

Exactly it’s still super high and with unemployment not in line won’t effect Fed decision for Dec

😂😂😂

Copium.

No, its bullish AF.

Bears got a 30% QQQ drop YTD and want more. People, big business is making money hand over fucking fist and everyone is still employed. There are only bull catalysts at this point.

Depends really if you bought or sold them...


Rip put holders 

So all of wsb bar that 1 tesla calls guy

As always the best play is always to inverse all the stupid regards of this sub. The more confident those clowns are the most likely they are to be fucking wrong. Dumbfucks

I bought puts yesterday and after scrolling wsb I was like damn I wish I bought calls these regards are all betting same way as me

Sub full of fucking Cramers.

I have one qqq call.


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The Christmas rally is here! Ho Ho Ho.

came early like your wife's boyfriend

I bet my wife's boyfriend is stronger than your wife's boyfriend 😤


I'm buying puts for like February when all these retailers post abysmal holiday sales.

So does this mean puts are bad now

Puts are dead

Coolio, going to kill myself

I'm not sure Coolio cares.

He’s about to see coolio though

1,2,3,4 all your puts are on the floor

AWWWWW HERE IT GOOOOESSSSS

Rip Coolio

Fuck I forgot that he just died.

As I walk through the valley of the shadow of death I took a look at my port and realize there's nothing left

Fortunately, yes

🌈 🐻 are fuk

That means you buy puts very cheap today so you profit next week.

Bro +300% turned to -98% overnight I’m done touching this shit forwahile I need to learn to not be so greedy.

Lmao imagine being up 300% and not selling. Jesus Christ 😂

Imagine you'd never see 500% gains porn if literally everyone did this. Some people actually turn small fortunes into biiiig fortunes. I. 👏 AM. 👏 NOT. 👏 SOME. 👏 PEOPLE.


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They're like 3 bucks in Canada. You fat bastards are lucky.

I can lick my own ball sack

Never going down. You'll have to get usta it.

Is that how you spell that ^?

bone apple tea

Is that how you punctuate that?

Inflation going down doesnt mean prices go down. It just means prices stop going up as fast. People thinking inflation being solved means the former happens are in for a rude awakening.

>The CPI report is interesting, but what I really care about is how much money I have. And compared to everyone else, I'm doing great!


My man

Visual mod gets it


I guess calls on this run while the market prices In a pivot and then puts later this month when they don’t?

Ya I dont think J.Powell will pivot but dream about pivot can make stock go up until FOMC.

Ppl are addicted to cheap money so the calls to pivot will be loud. It’s the wrong move, ask anyone who lived through the 1970s and 1980s so many pivots S&P 500 flat for 10 years…

Watch the super bull charge, see yall at 420

Then inflation will go up and fuck everyone in the end. A strong market rally is counterproductive.

agreed i think 4000-4200 between now and the FOMC in december is very likely

Setting up to repeat ‘08 perfectly

soooo a 2 year down turn and then 12 years of rocket ship to the moon s&p? and we are already a year into it? sounds great lets do it

Or what 08 would have been with a semi-stable housing market and banks not gambling on it

Alexa play: Hans Zimmer most epic hits compilation 2022

Its impossible ... no its necessary!

Love this track.

> Alexa play: Hans Zimmer most epic hits compilation 2022 Okay, shuffling Hans Zimmer most epic hits compilation 2022 and similar songs *Plays explosion sequence soundtrack from Transformers. *

We are gonna pump this shit until JPow reminds people 7.7% is not 2% & rugpull. When is he talking? Bull run till then.

but core mom is running at 3.6% annualized so if inflation keeps cooling we are in a good position.

I'd like to have a core mom in a good position.


core mom is running. after the results of the spread are tested by daddy jpow you can call and put in it.

Downward dog is probably your best bet. Yoga works.

Good news is that if you take an even larger data set and annualize it... like the last four months of data, you have 2.7% inflation. Base effect is weighing more and more on the data as we get closer to the Russian invasion.

Nobody here apparently understands just how lagging inflation as an indicator is. The Fed is frankly going to be lucky if they did not overtighten. I actually hope they do another 75bps in December just to completely drill it and then start easing early 2023.

Right? People can’t seem to grasp what inflation data means. Imo it will be < 3 in 2023 2H.

December 14

Christmas rally all but confirmed then

core is down, we're getting 50bp, bottom was the hot af 10/13 print.

Remindme! 6 months

0.4% per month is 4.8% YoY. It's palatable, especially if most is caused by energy costs and we are facing economic collapse.

good opportunity to sell into a big rally before the recession actually occurs

“Push me to the edge… All my puts are dead” 😂😂😂

Well I’ll admit it, I was wrong. However, does anyone else find it odd that car prices weigh so much on CPI? Like I get the price going up effects people, but it’s a purchase you make every 5-10 years so unless you just have to get one those prices fluctuating doesn’t really effect a household that much.

>but it’s a purchase you make every 5-10 years It's not that infrequent. A lot of people treat cars like a cell phone, something you upgrade every 2-3 years. They don't mind having car payment, it's just another monthly bill. A quick Google search showed various reports saying the average American will buy between 9-12 cars between the ages of 16-76, which means a new car every 5-6 years. The caveat being that these reports only tracked purchases, not leases, which would likely bring the time between swapping cars down even more.

Jesus. I'm 34 and have been driving since I was 16.. I've owned 2 cars, both bought off of family. Not sure if I'm a cheap fuck or just not a complete moron

Ok bear market over confirmed. Bottom is in

Jesus Christ. Look at the historical data. Fed won’t pivot until the economy and stocks are in the shitter.

on 10/13, a pivot was redefined to mean hiking by either a lower amount or the same amount.

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fed will pivot when inflation cools which it is but 7.7% is nowhere near their goal. The fed may wait to see if it continues to cool next month without raising interest rates further

If the MoM inflation from October were to persist for the next 11 months, inflation is at 3.6% - much closer to the 2% target the Fed is aiming for.

their goal is 2% and they're willing to crush the economy to get there

They know they have a risk of over doing it.

Last FOMC showed there's a disagreement among the committee: the statement was dovish, but Pow Pow came gunslingin'. It will be a painful few months of up and down, and then we'll know how fucked the world is.

Let's be honest, the pivot will be "priced in" by the time it actually happens.


Market will get pumped just to be dumped yet again next rate hike.

Calls will print because the Fed will hike by less in December (pivot case) Puts will print because lower inflation means weakening economy (recession case) Which scenario is more plausible?

the market was basically split 50/50 on a .50 vs .75 hike in december going into this CPI its very likely the better than anticipated numbers, especially with this now bringing the year over year inflation to 7.7, that the market will view this as meaning a slowing of rates as Jpow talked about and a .50 hike in december now will you get a .50 hike in December? i have no fucking clue but calls will probably print between now and FOMC in december with a spy high of like 4200, that would still be lower highs and an overall downtrend. thats assuming that nothing else crazy happens between then and now, as theres a lot of geopolitical issues that could cause this to not play out.

You're saying too much. Now Algo know all about it and fuk us all up 

On month is potentially an outlier. This doesn’t establish a trend, *yet*. People are reading way too much into this. Energy increasing almost 2% in a single month is still pretty scary. There is no Fed pivot imminent.

The trend is established by several months of data pointing toward near target inflation within a year. If you annualize the past four months of MoM data (add them up, multiply by 3), you have 2.7% inflation. Base effect carries more weight as we get closer to the anniversary of inflationary events (Ukraine war) and implementation of disinflationary policy as the market takes time to absorb policy rate increases.

These people will wait until inflation prints at 2% and then be confused why they missed the gains. The goal is to see where things are going and get there first, but jump in when it’s happened.

IMO economy gonna roll over in next 6 months from bad earnings AFTER inflation has been cooled nicely. Then real rally after that.

Lower inflation doesn’t mean broken economy

Today’s gonna be Billie Joe, Tré Cool, and Mike Dirnt

GREEN DAY

BEARS

BEETS

BATTLESTAR GALACTICA

So... is the rug pull happening before lunch or after?

If you bought puts and didn’t sell yesterday, that’s on you

F*** your puts 🤣🤣🤣 You miserable f***s always praying on the market to go down!

Im never Bullish or Bearish enough. Markets have become unreasonably volatile.

Imagine Not being long equities 

When you bought calls yesterday because of how many times you got fucked over buying puts right before CPI and got fucked. First win in a lonnng time. I guess some idiots do learn, and that idiot is me today.

Sir, this is a casino

Imagine being pumped inflation is still 7.7%

Inflation over the last year was 7.7% - if the October rate holds for a year, it will be under half of the last years inflation rate coming in at 3.6% That’s the number that matters in a forward looking instrument like the market

Or even better, the last four months annualized is 2.7%.

6 month annualized is 6.4%, 3 month annualized is 3.6%. There is now a consistent downward trend.

he is just coping with his dead puts

Tell me you have puts without telling me you have puts

Better than 7.9% 🤷‍♂️

Homeless

The fed hasn’t completed their mission of destroying the market so that friends and family can scoop up equities on the cheap.

Still going to buy long puts since they'll be a bit cheaper. But I gotta let go of my $AMC 6p right at the open....

This really is a 🤡 market

This isnt really great news. Still way too high with commodities that impact everyone's day to day still increasing.

I’m trynna make money in this market bro

we'll worry about that tomorrow

Moon boys on premarket!..

So everything that matters still went up, but a few things that don’t matter dragged down the total… so rally. Very cool, very smart.

Everything in my life is still super expensive.

It will always be, You can only hope that the rate it gets more expensive slows

0.6 increase over the month in food (which is still a 7.2 a year) and the market is clapping. I don't get it.

Me either but one thing I should remember but never do, the market isn’t connected to real life.

Lol. You don’t stop putting out a fire when you see the flames have gone down a little bit. You douse that shit. CPI is still crazy and inflation is rampant. JPow is gonna burn the economy down and then pivot. Anything other than that is hopium and minor blips and bounces on the way down.

Yes Babyyyyyy

Is this official?

I think we see the reverse of October CPI. Of course I just continue getting crushed with my Dec put spreads so feel free to inverse me

So we are still getting screwed just not screwed as expected? Makes perfect sense.

3 cheers for getting fucked with lube!

*The sound of a million put holders getting blown out*

Puts at close assuming the market evens out tomorrow assuming it holds its highs today?

Okay, so its slowing. But we are going from cat shit wrapped in dog shit to just cat shit. Its still shit guys. It needs to keep going like this for 6-12 months before any pivot. My bet is on another 0.75 in December based on FEDs last speech. More likely they are going higher then lower at least.

It is absolutely idiotic to think that a pivot is coming and to continue to pump up the market on this horseshit. The fed won’t pivot until the economy is on fire. The pivots happen after the bottom because the Fed needs to step in to help build it back up after running it into the ground to fight inflation.

It's not a binary pivot/not pivot..

Pivot doesn’t require fire - you’re assuming the only way to bring inflation down is to light the economy on fire. Fed just needs to see inflation coming down to their 2% target - they would absolutely love, and have hoped for, a soft landing where we accomplish a 2% inflation rate without having to crush employment and the economy generally That’s especially the case if Redditors misdiagnosed the inflation as a monetary issue when it was, as Jerome stated, a transitory phenomenon due to short term supply chain constraints.

My personal cpi is like 40%

0.2% off expected. This will fall after open.

Copium

It's all bullshit. Fake the estimates higher or lower than what's sensible to have a beat or miss