Submitted by evil-poptart t3_10q5o0j in wallstreetbets
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Submitted by evil-poptart t3_10q5o0j in wallstreetbets
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Because this is WSB.
there's no downside to being wrong but if you somehow miraculously turn out to be right you look like a genius
Jpow will unzip pants and show slit
Ye kinda. Predicting the most plausable option is lame
Downside to being wrong is confirmation of bull market and an uncontrollable run up tearing a new hole in bears.
The important part comes AFTER the rate hike. The press conference where JPow tells us whether or not we keep going could move the market either way.
>The market priced in 99%+ chance of 25 BP.
You answered your own question, regard
Just shows you how many morons are on this sub unfortunately
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They are contrariansđŸ¤ª It is not about being right; it is about the culture.
Rule 4
"priced in"
Famous last words
I bought puts too. Fingers crossed.
"But then everyone here is like "bRB BuYiNg sPy $200p 0DtE!!! 50-75 bp is coming! Why they do dis?"
Because everyone here is a hedge fund derivatives trader, and douches like you who say "retail" are actual retail traders who buy and hold SPY.
So, fuck off and go buy SPY calls on your bloomberg, fuckwad.
Because they've already purchased far out puts and are living in denial.
Of course we keep going.
He's said a million times they will keep going until they hit their goals. No one should be surprised by this.
75 confirmed
Marvin_KillDozer t1_j6nza7e wrote
i thought the announcement was today....I bought puts ....I can only hope this is a pump and dump