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Misc Stock Market

A 120-140 point down day for the S&P tech sector feels like a high likelihood in the end today.

The start before the last minutes was bad (and then the rebound ended up getting wiped and then some the next day anyway), but nothing like what this one was.

If we are somewhat following the script from the January Fed minutes, we attempt to rebound tomorrow, and the attempt fails.
 
Prepare for a pump after the minutes reveal nothing earth shattering. I think…
 
Bought a SPY ATM call option expiring end of day. Expecting a minutes bounceback. I’ll probably be wrong because I’m an idiot, though.
 
superjames1992 said:
Up 100%, but I’ll hold until I lose all my money.
Click to expand...
Wasn’t able to get around to closing out my position until it was down 50%. ?

It’s high time to stop playing options. I don’t do it for much money, but throwing away even $50 at a time is beyond stupid.
 
This would mean in 3.5 years, the fed's assets would be pre-pandemic. Fed finally realizing how serious the situation is. They need to accelerate even more.
 
superjames1992 said:
Wasn’t able to get around to closing out my position until it was down 50%. ?

It’s high time to stop playing options. I don’t do it for much money, but throwing away even $50 at a time is beyond stupid.
Click to expand...
Why didn't you sell for a 100% gain? You're trading like Dad of Jax now shazbot
 
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Good lord straight dumping


Sent from my iPhone using Tapatalk
 
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