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REDDIT

Everyone said “the stock market is in the tank” - meanwhile, I flipped a SPY on the oscillator and made $2,300!

T
Apr 15, 2025 · 19:25

Yesterday I posted a truth-telling post about how the real economy sucks, and the comment section that blew up.I can understand that - everyone wants to believe that everything is getting better. But have you been to Philadelphia lately?People's pockets are empty, prices are skyrocketing, wages aren't going up, tariffs are seeping in little by little, and the cost of living is quietly going back up.That's not a sermon, that's the truth.

I bought SPY calls early this morning and the logic was clear, SPY did start to pull up. But what about the options market? Liquidity is thin, the bid/ask spread is ridiculously wide, IV is not following at all, and although SPY is rising, my calls are losing money. Seeing the situation is not right, I took advantage of the market sideways to close the call options, buy puts, SPY began to fall, which is exactly what I want, the final profit of $2.3k,0DET today is very difficult to do!