
Developer, systems engineer, quantitative trading, futures, equities, and options. Following business news, micro and macro economics. #MSOGang
Joined May 2022
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Ain't No Way...
Trader turns $100 into $42,000 using SPY options.
He bought 100 deep OTM SPY call contracts for $0.01 each with 1 DTE, held them for 24 hours, and later sold them for $4+ each.
Market thought they were worthless... He held the entire way.
Absolutely insane.
Replying to @dotkrueger
@GrainofSaltSF
You aren't going to recover your losses.
MSTR is no longer a leveraged $BTC play. That was the casebefore the preferred shares, now it's just a 1x and if mnav goes above 1, they will dilute the common shareholders. This is written as part of their strategy









