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re: Expectation of FED announcement this afternoon? *Update: YT Link for 2:30ET start

Posted on 12/18/24 at 1:10 pm to
Posted by bayoubengals88
LA
Member since Sep 2007
23479 posts
Posted on 12/18/24 at 1:10 pm to
Well those 603 puts did well.
In for 3 at .43 and out for 2 at 1.00 and 1 at 1.94.

A very quick 205%
Posted by Sir Saint
1 post
Member since Jun 2010
5469 posts
Posted on 12/18/24 at 1:17 pm to
quote:

good news is already priced in and there is substantial downside risk if traders dont like what Powell says.


This take was spot on
Posted by HagaDaga
Member since Oct 2020
5687 posts
Posted on 12/18/24 at 1:18 pm to
Thanks for that.
Posted by HagaDaga
Member since Oct 2020
5687 posts
Posted on 12/18/24 at 1:26 pm to
quote:


Well those 603 puts did well.
In for 3 at .43 and out for 2 at 1.00 and 1 at 1.94.

A very quick 205%

Nice. I'm not even in the same ballgame, as I have no idea what you did there. one day...
Posted by jefforize
Member since Feb 2008
45667 posts
Posted on 12/18/24 at 1:30 pm to
he bet on the stock market to go down by buying 3 603 SPY Put Options


paid $129 and flipped them into $394
Posted by HagaDaga
Member since Oct 2020
5687 posts
Posted on 12/18/24 at 1:47 pm to
Got it. Thanks!

So anyone seeing what sector/stocks liked the announcement? My DJT didn't care for it and has gone down 1ish%. My MSTR isn't caring for it either.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
93071 posts
Posted on 12/18/24 at 1:59 pm to
quote:

Why?


Because inflation is on target unless you cant read an inflation report

Job market is awful

Unless you are a dummy who believes those BLS #s
Posted by bayoubengals88
LA
Member since Sep 2007
23479 posts
Posted on 12/18/24 at 2:07 pm to
quote:

paid $129 and flipped them into $394

If I had a set o' balls on me it could have been $2,300 by now.
But alas, I settled for 205% thinking it was good enough for 15 minutes.
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
24815 posts
Posted on 12/18/24 at 2:24 pm to
quote:

This take was spot on


Good gosh, traders are pissy

I
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