Posts  / SPY  / #POST-221039
REDDIT

$30,000 SPY Put Yolo ⬆️date

For all the naysayers on my previous post who remarked that my Puts would be as cooked as the Ayatollah, I raise you a slough of profits on said aforementioned Puts.

Watched late Sunday/early Monday morning as various world markets saw their respective major indices pull back 1-2% (Japan, Taiwan, US Futures, etc.), so my heart rate reduced to a comfortable level of 140bpm. I had a very high degree of confidence the market would sell off a bit immediately at open, then would recover in some unknown fashion as the day went on, as this is exactly what happened when we bombed Iran last time in June 2025. That is indeed what has happened at the time of writing this post. For this massive risk undertaken, I have been rewarded with approximately $10,000 in gains off a \~$30,000 initial position.

Account value Friday Close: \~$33,000

Account value Monday Mid-day: \~$49,500

Sold the majority of the positions within 60 seconds of market open since I'm a paper-handed bitch. But the reality of being a paperhands is that you never lose money taking profit.

As far as next moves, I'm already in the next YOLO as we speak, because danger takes no days off, and freedom is a dangerous thing, isn't it

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