Posts  / SPY  / #POST-028312
REDDIT

40K GIGA YOLO, 1DTE on SPY 587 Put; 200 Contracts @ 1.93 Each

S
Feb 27, 2025 · 20:17

Here we go, super flying bear risking a really big chunk of the port for a godly super put play.
Inverse me now you regards, you'll regret it.

https://preview.redd.it/gdwlfgs6oqle1.png?width=1118&format=png&auto=webp&s=f2d2070d11854787d9224dc4bd8161966e1f8a01

PCE comes out tomorrow.
The bottom has fallen out, I've watched SPY V shape recovery this entire week.
The hedge funds and market makers have been propping SPY up while they've been selling equities as to not spook the retailers.

That is why large cap stocks were tanking while SPY was only \~3% from its ATH.
NVDA was the last bastion of hope, we saw how big funds were more than happy to dump their cash and stay on the sidelines.

Jamie Dimon of JPM sold 1/4 Billion dollars in shares last week.
Warren Buffett has a record 325+ Billion in cash on the sidelines.

The crooked hedge funds and market makers have finished rotating and re-positioning.
Tomorrow, we bears feast!

**TL;DR: bools r fuk**

https://preview.redd.it/nx0qq6ifpqle1.png?width=371&format=png&auto=webp&s=4c6ebc50ddfdd6fd0de800ac015a789e405fe9de