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JazzyJust t1_iye8j39 wrote

Nice little bump coming into the holidays. Time to buy more puts.

17

burritopup t1_iye9iu1 wrote

For now. Its time to buy the puts dip

6

crankyp4nts t1_iyece2o wrote

I'm more surprised that TSLA is nearly up 5%

5

kaloki89 t1_iyedmjw wrote

Yeah my Tesla puts ain't too happy with the news but I'll average down once before the Tesla earnings I'm thinkin 🤔

2

TheChosenLowBob t1_iyehqft wrote

That the Nasdaq is up 3% because interest rate hike is 50 bps instead of 75 (which was already expected) is the proof that the mania is still alive. Therefore they should hike rates even more aggressive until they push the stockmarket into dirt..

7

kaloki89 t1_iyej8v6 wrote

That was my thought as well. Though considering the euphoria from J Powell's talk hit, I'm thinking of waiting until after the FOMC next month. If it causes the Xmas rally then I will, if there's a curveball .75 bps and the market slips, I'll catch a couple cheaper puts on the way down for a better position 👍

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oxydiethylamide t1_iyeju6u wrote

What happened today anyways? Went to work, market rips after JPow speech

1

AdAmazing8187 t1_iyepvj8 wrote

That guy who’s posted 5000 times about his 100 AAPL puts is dead right?

9

nyse125 t1_iyf4skc wrote

We've played this exact same game back in November, Jan, March, May, June, August and October rofl. But I'm sure this time is different amirite.

1

Alexa_is_a_mumu t1_iyf8ps7 wrote

"Settle down Jay Powell." - Jay Powell probably.

1