I’m looking at GM and CAT to take small hits, maybe beat and give conservative forward guidance - AMD could go either way but I expect a conservative outlook for 2023 + a renewed focus on AI for 2024 and beyond. I think XOM reports tomorrow before the bell also. They’ll probably crush it tho. Same with MCD.

Hopefully all this action can take the S&P down a smidge below 4000 so I can load up on calls.

Yup, I agree that’s the play. Shitty earnings tomorrow and fear of FED meeting results should drag the market down a bit and I’m all in on cheap calls at 2/3 or 2/10 exp for a quick flip.

Noice!

Thank you!

This guy gain porns

The people I’ve talked to do understand the difference between calls & puts, along with the investment criteria behind such moves. I must confess that I am still learning and trying to evolve in this crazy market.

Do MM’s really make THAT much $$$ off of retail buying calls & puts?

It doesn’t seem like much money in comparison to large institutional buyers when it comes to options trading.

I could be wrong but I am genuinely curious.