Stop being an ass and own up to it.
The S&P has topped
- Thread starter volente_00
- Start date
Stop being an ass and own up to it.
I'm just an idiot who shorted march 240 spy calls yesterday that dropped 50% today
Come again? I've posted 3 times on this 15 page thread. All I asked him why with such a melodramatic thread title if he is selling a 7 vol in spy calls if he is so bearish. He later added the post on the ES short which is no where to be found on this thread. And Frank, you've been on ET as long as I have. I usually limit my posting to my thread which is a few times a week, not 24/7.
You missed your meds too, eh? Well, it's affected your reading comprehension.
So, "whatever."
I won't answer for him, but I will say that in a chopping, rolling correction (which may or may not be the path it takes), you will "bleed out" buying premium. The calls will obviously decay (but oftentimes the puts do as well) - take a gander at SPY from Sept 9 thru mid October (the last corrective move prior to the election). Even the move into the Nov 3 lows was very orderly with minimal IV spikes.
Plus you're dealing with all the skew, etc, etc...Staying short the futures usually plays out better, unless there is an August 24, 2015 "flash crash" style decline in the future.
You missed your meds too, eh? Well, it's affected your reading comprehension.
So, "whatever."
No, you simply have a remarkably verbose manner of telling people that "hey I was kinda wrong, but whatever, I rolled out my puts to xxyyzz...and you guys who told me I'm wrong are nuts".
I'm going to call you Handle, Jr.
Why did you quote me? I was answering someone else.
Featherweight, you and the other guy crack me up. As a troll, you get one shot per reader for credibility, and you've just blown a wad of it here.
The "owning up" you claim has not been done, was done in a single sentence (I think) ~100 minutes after the subject post. I was laughing. Maybe if or whats'ername had any sort of life, you might have laughed, too.
But again, not my fault.
The posts you decry as "verbose" are no more detailed than any of your drivel, except mine are written without assuming that every reader is as immersed in SPX options as I might be. It's called, "courtesy" just so you know.
Wow... when you can't argue with facts, you have to resort to this. I realize I will now be arguing with an idiot, and I should know better than that, but please point out where my personal issues are on display.
I took a chart of the SPX, which isn't my personal issue, and marked on the chart where you made a call, which isn't my personal issue, and marked the spots on the chart the next day where you said the price bars would be, which isn't my personal issue, and pointed out that the price bars got nowhere close to where you said they would, which once again, isn't my personal issue. If we can all agree that the chart of the SPX is accurate, and you take responsibility for the numbers you quoted, since they are written here in plain black and white, its you with the personal issues since you can't own up to your call.
Where are your personal issues on display for the whole world to read? Right here.
Where did I "own up" to having missed the market direction for Friday?
On Thursday, at 4:50pm ET. about 100 minutes after "the call" was made.
Either you're really really slow, or you knew that. I can't tell which. I just can't.
But I know this much: anyone who would assign the amount of energy, ego, bandwidth, verbage, and attempts at insult as you have done here, has major issues.
Ferchrisakes, man,... get a *life*! Don't mistake this as in any way vital to your life. It ain't.
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I read it. This is the second half of your post cited in Gotcha's reply.
"AND the sun will rise. All day long. Until about noon-ish. And then it will set. But it will take hours."
That is not wisdom. That is purile "logic".
It seems to be a generic, blanket statement that your predictions may be wrong. So why not just state that literally, without some abstract idiom? I think that is what a few posters here are looking for. Instead of stating as a matter-of-fact what a market will do the next day, why don't you state what you "think" or "feel" the market MAY do, rather than state absolute facts? That is what you are being called out on, it looks like.