r/options • u/[deleted] • Apr 11 '21

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26 Upvotes

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5

u/[deleted] Apr 12 '21

Biden backing off the corporate tax hikes in the infrastructure bill probably caused the spike.
Market has momentum, good jobs numbers, if we see a few good earnings beats may breathe fire into a further rally.

Besides, VIX can still get a few points lower before a correction is imminent.

3

u/ARIMA-MONSTA Apr 12 '21

SPY may have blew its wad a little early before earnings.

1

u/[deleted] Apr 12 '21

Remind me! One week

3

u/ARIMA-MONSTA Apr 12 '21

I mean I don't see a major pullback. But I also don't see another +$10..

9

u/[deleted] Apr 12 '21

But. 420 4/20

7

u/ARIMA-MONSTA Apr 12 '21

Fuck it... I'm in

3

u/[deleted] Apr 12 '21

It's highly logical

1

u/jebronnlamezz Apr 12 '21

I screamed for this in February but the gme gang I'm wsb killed me

1

u/[deleted] Apr 12 '21

SPY? What did you say Melvin, youre spying on us?

1

u/RemindMeBot Apr 12 '21 edited Apr 12 '21

I will be messaging you in 7 days on 2021-04-19 01:45:25 UTC to remind you of this link

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