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REDDIT

SYSTERIX - YOLO risk $250k for $23k gain SPX Put Credit Spread (6650p / 6550p PCS due Mar 6, 2026)

S
Feb 27, 2026 · 03:21

Position - 6650p / 6550p PCS due 3/6

NVDA tanked the market today (Thursday) post earnings but my models show me support levels are still very strong at 6700 and the 6646 area.

Have sold a put credit spread for 9.5 net credit (sold 25 contracts of 6650p and bought 25 of 6550p) - basically I'm risking $250k to make $23.7k if SPX remains above 6650 by the end of next week (Mar 27).

Will this be my chance to buy a second rolex? WISH ME LUCK!

**UPDATED POSITION (Mar 6):**

\[Will post updated screenshot once the week ends\]

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