Puts on the SPY

Hey ya'll, first post here in the options forum

Will be Lookin' to put on a trade for Feb. 1, 150 SPY puts @ .45 (ish)

Do not have it on yet, but that GDP number should (should) take us down a peg or two

Unlike the NFLX trades, I'll be posting trades BEFORE hand (LOL)
(That thread was good entertainment though)
 
a 1 lot trade is irrelevant.

If you were long 100 lot and closed out for a profit today, good job.

But it really only matters if you closed and you made a profit.
 
You're right should have included vol.

Just a small trade, 100 contracts.

But it pays a few bills.


AMZN puts would have been better, Feb 1 275's 1.40 to $6 right now

Got to fixed on the SPY's - my bad.
 
Quote from Shooter McGavin:

You're right should have included vol.

Just a small trade, 100 contracts.

But it pays a few bills.


AMZN puts would have been better, Feb 1 275's 1.40 to $6 right now

Got to fixed on the SPY's - my bad.

wtf...a $2000 profit in an hour isn't bad lol I would hope that pays quite a few bills.
 
Oh, not complaining. Just wish I was big enough to put a few 00's on those contracts

See some of those trades that go by for 5000, 7500, - DAMN

But, learned those usually mean it's going in the oppsite direction (put/call
sellers)
 
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