WarlockofWallstreet OP : I've been working on an SPX strat, and it seems to work fine. Ran a simulation on it this am, only reason why I called the price out to keep myself accountable. One contract, roughly 1h hold (longer than I like to hold personally).

WarlockofWallstreet OP : squeezed some more out of the last one, out at 1.12, even tho 1.60 is likely. Time to load on some brews

WarlockofWallstreet : 521 perhaps

WarlockofWallstreet OP Violets : XL orders didn't move much all day, but it looks like mostly retail bought.

WarlockofWallstreet OP MARKET-TEST-DUMMY : it's possible as well, hard to tell for sure

WarlockofWallstreet OP MARKET-TEST-DUMMY :

WarlockofWallstreet OP Gilley : I feel ya, haha. had some expire last week, and a few hours too early could have been 30k win with an extra day lol. The only option that works for me is 1DTE, I'd go 0DTE, but I'm not using margin and can't.

WarlockofWallstreet OP Gilley : I just scalp for that reason, in and out, 20% to 50%, it adds up quickly. for sure you miss out on the big run, but I find when you Chace that over time you lose more than you win. like 20% a day is doable, one trade maybe 2.

WarlockofWallstreet : don't forget market closes early today, I'm expecting a drop

WarlockofWallstreet : I think MMs distracted ppl with price going up and to crush those who overpaid for puts, they will expire worthless, and as ppl went, calls MMs loaded Puts for cheap and now those who went calls will get crushed next. (just and opinion)

WarlockofWallstreet Gilley OP : yeah it's impossible to know for sure what happens in time, you get it sometimes and not others. that's why I just stick to scalping and trade what I see.

WarlockofWallstreet OP : they surely dragged it as slow as possible on the way down, as if to let all the thousands of contracts expire worthless lol QQQ, the real one trick ponny algo

WarlockofWallstreet OP Warren Buffed : 530 would have been awesome, but it wasn't happening, I bailed at 534 as it rebounded and went calls. then puts on the way down to 534 again and calls into close just in and out. tomorrow could be weird, so I'll sit on the sideline to see what happens.

WarlockofWallstreet OP 70141151 : anything is possible, I never have a solid number in mind. Works against me, hahaha. I just play what I see. there is liquidity for grabs below, so it could be a quick spike down and back up. somebody is loading on these, tho

WarlockofWallstreet OP 70141151 : you're right. It never stays down for long. I wouldn't trust holding puts longer than needed. It can backfire on you badly. calls have been pretty sure bet for a while now. if I do, puts it's on small moves, holding anywhere from 3 minutes to a maximum of a few hours, and you have to watch it like a hawk lol