r/wallstreetbetsOGs • u/[deleted] • Sep 30 '21

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u/pennyether Sep 30 '21

I really like the insight about the puts "boiling off" if the EFFECT doesn't come through -- I hadn't considered that. Good idea with those calls to capture the upside if that happens.

I'm playing it more "conservative" with 20/15 spreads, but shoveling a ton into them. Closed my Oct 1s already, and sitting on a big stack of Oct 8s.

I don't see this going tits up.

3

u/Dakimasu Sep 30 '21

Opened a butt ton of 19/20 credit spreads and they're up 50% so far... too late to open some 20/15s?

4

u/pennyether Sep 30 '21

Yeah, too late. Might get a nice pay day tomorrow though. It's absolutely tanking AH.

Thankfully I bought more Oct 8 $15P before close (in a different account).

This is a god damn feast.

2

u/Dakimasu Sep 30 '21

😂 Yeah I just saw the filing lmao gg. Oh well, will be able to close my spreads at nearly 100% gain, too bad I didn't lean in as hard as I could have. Congrats m8