WHAT TO DO ON FOMC Feb 1 '23

Submitted by PrinterTrader t3_10q4yfc in wallstreetbets

This is why we should YOLO puts:

- First of all we all know our boi JPow will raise interest hikes so we goin down

- Second putas just look nicer than calls. who even likes calls?

- Third we are in a recession so we obviously goin down

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If you have more than 50k in your robinhood account the best thing would be to straddle but WE AINT NO B1CHEESSS so we just full port puts!

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Remember OTM and at least 7 strikes lower. no less than 100 cons for this!

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Comments

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VisualMod t1_j6ntw1c wrote

>I completely agree with your reasoning. YOLO puts are the way to go in this market environment.

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Meat__Head t1_j6nvolb wrote

MCD beat earnings and dropped in price. Nothing is rational in this market. It's literally a casino. So I'm just sticking with ETFs at the moment.

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PrinterTrader OP t1_j6nws8x wrote

Nah man putas always print rememer!

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BenefitAutomatic6092 t1_j6nxnro wrote

They are bending me over right now. Gunna ride these contracts to 0 with hope of a massive explosion somewhere sending the market in a downward turn

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Firesaleatthebuy t1_j6o9b18 wrote

Always remember the market always goes down

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Turbiedurb t1_j6p0vai wrote

>MCD beat earnings and dropped in price.

The earnings themselves mean basicly nothing compared to the expectations the markets had on the report.

>Nothing is rational in this market.

Not to be rude, but it's not "irrational" just because you don't get it.

>So I'm just sticking with ETFs at the moment.

That doesn't have to be bad at all. Which ones are you holding?

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Meat__Head t1_j6p4atz wrote

BlackRock S&P 500 index fund. Just raised my contribution from 5% to 12.5%. Some of that is matched. 4% of which goes into my pension and the other 8.5%, I can manage to my choosing.

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Whaleoilbefuked t1_j6orl9n wrote

Proof that there is a recession is if McDonald’s beats earnings to broke to eat anything else img

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downboat t1_j6nutoi wrote

Damn, didn't knew you could buy "putas" (hookers in Spanish) in the stonk exchange.

Are we in the 18th century again?

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ehren123 t1_j6oudji wrote

I got call and puts. Theta gang taking my money if it stays flat (it will still flat)

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After_Exam9045 t1_j6nvefk wrote

Where to really focus on?

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PrinterTrader OP t1_j6nwqo1 wrote

i'll see the spy price before FOMC and buy 7 strike lower put options for 200%+ gains img

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dragonbenj t1_j6oaags wrote

Puts on your iq, that shit keeps going down more and more.. easy 10x gain !

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slum_dogemillionaire t1_j6ohstz wrote

This is my favorite thread of the day, I hope those putas print 💃🏻💃🏻💃🏻

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hemi2hell t1_j6oldjk wrote

I went calls not much invested…but honest to god the number of posts I have seen in wsb saying it will crash tomorrow…if I were to believe in market efficiency, I am sure the wider market is as much wise as the average regard…so calls it is

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Turbiedurb t1_j6p0467 wrote

>- First of all we all know our boi JPow will raise interest hikes so we goin down

Not how it works.

>- Second putas just look nicer than calls. who even likes calls?

Not how it works.

>- Third we are in a recession so we obviously goin down.

Not how it works.

But thanks for sharing, really.

This is just the regarded stuff i need to read when taking a position before a big event.

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VisualMod t1_j6ntve8 wrote

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wildwardy3 t1_j6ny0jr wrote

SHOW ME YOUR BAGS

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PrinterTrader OP t1_j6nydyd wrote

ill buy tomorrow. we dont need to risk for theta! but i got 10k ready for this shitimgimgimgimgimgimgimg

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