Submitted by ultrasharpie t3_10q6gf7 in wallstreetbets
It seems like people expected the obvious DOWN-TREND CHANNEL to hold on the markets, but it didnt, so all the regards that bought PUTS a month ago, at the record high puts to calls ratio, got fucked. So are all the BEARS DEAD yet? or are they hoping for a J POW rescue.
If the BEARS are DEAD, we going down.
If the BULLS got a Raging Hard on, we going down.
I think BEARs are depressed, but NOT dead. So we go up.
There are posts of 25 bps which you present as a BULL thesis, but that's gonna fuck the bulls because 25 is priced in and papa pow gonna hawk you some more rate hikes in the future.
There are posts of 50 bps posts presented as a BEAR thesis, but that'll fuck the bears, because he will reach his goal and no more rate hikes. Fuck your puts.
There are NOT enough regards buying options this time, not enough delta/gamma hedging needed on the swings, so thats gonna Fuck your calls and puts because IV crush and THETA gang gonna fuck everyone tomorrow.
The most logical inverse is to not play at all, so i will go with the next inverse which is to play the opposite of the TA breakout and then inverse rate hike expectations of 25bps with POW tricking everyone with 50bps which leads me to the next inverse of cramer saying BULLs will party whereby i arrive at an inverse of my own inverse, so i bought TQQQ puts. So I think the market will probably have a BULLRUN to new highs and we bottomed in October.
Ok_Manager3185 t1_j6o4ntb wrote
K thanks. Buying more puts if we touch 404 rn (right now)