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Fun_Bed9734 t1_iy5lxlh wrote

Not playing anything until closing tomorrow. GDP and Powell speech to set the tone Wednesday. Then, PCE for confirmation, then job data on Friday. Too much could go wrong with any of these data point

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DaddyDersch OP t1_iy68n9k wrote

i bought puts cause even if im wrong tomorrow i feel pretty confident that by thursday (i bought 3dte) and friday (4dte for tesla) that my puts would be green

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Fun_Bed9734 t1_iy69yxv wrote

I'm playing volatility. I'm buying a strangle on SPY. 395 is great support, but if it fails we could see 390 tomorrow. If market ends at 395 then I'm buying 400c/390p strangle. If we end as 390, then getting 395c/385p. Let it ride thru Powell's speech, and maybe play PCE data. But, reluctant. This market is getting more and more volatile with poor liquidity

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DaddyDersch OP t1_iy6e4an wrote

I dont hate that idea

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Fun_Bed9734 t1_iy6h22n wrote

I had bad luck last week. But it's on me. I should've seen how poor liquidity would be, and what a tight range we were on. Greed truly is a mf, but it was a humbling lesson to learn to wait for a proper entry

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