Posts  / SPX  / #POST-219058
REDDIT

SPX Puts to Inverse downtrend... or low-key enjoy and make money?

M
Feb 5, 2026 · 22:30

So in my previous post I went in a tactical SPX Puts position so the market gods would inverse me and pump my calls. It worked for some day(s) but then it seemed like a bull trap so I went in again more aggressively.

Question is

1) When do i exit - what is our bottom level. If it runs to 6500 we are talking about +500k homerun

2) What do I buy with the profit everything seems like its in obscure discount ngl

3) Does that make me a ghay bear? I am used to being a greedy power bull.

Position: 27 x Feb 20' 26 $6650P

https://preview.redd.it/y9ogjt365rhg1.png?width=771&format=png&auto=webp&s=c215246112bb3b6a41acac12ca7183c1533a7da3