IWM
iShares Russell 2000 ETF
stock NYSE ETF

I bought $IWM Calls and made 70 - 400% depending on the strike.
Act first. Think second. There is always time to get out of a trade but waiting to get into a trade can cost you.
I am paraphrasing Stanley Druckenmiller there.

Tomorrow Bols either finally start to show a little respect and feel a healthy amount of dread, or I buy into cheap IWM Puts once again.
Maybe both. 🤔

I look forward to getting back into IWM Puts after this encouraging 1 week lower high.
IWM will be the leading anchor in dragging the more tech-heavy Indexes straight to Hell.

Thats not the only bubble, look at IWM, the small cap index where most of companies aren't profitable, it hit ATH. At QQQ, at least the companies like Intel, NVDA are profitable with positive earning.

You have to learn to trade first. Don’t start your 2 year timeline until you have paper traded crypto and stocks and found a edge (a repeatable way to become profitable) I’ve almost been trading a year and I trade options and yes you can make a lot of money only if you know what your doing. I will say options is harder than stocks and futures but you can start with $200, for example IWM has $7 contracts and other stock tickers have cheaper option contracts too, but those are the hardest to hit so you should start off paper trading if your going to try. AGAIN the clock doesn’t start until you find an edge.

The fact that IWM is up 15% ytd when hikes next year are more likely than cuts is mind boggling. It’s not like it has the large cap AI exposure either

SPY being -1% is less remarkable than QQQ and IWM being -2.5% AND a flat VIX

IWM PUTs gain was not enough to offset SOFI Share losses today 😞

Well done! Me too, did on IWM, did a post on it. Will probably be back to QQQ/SPY when account is bigger

XRT being on regsho list for now the 5th consecutive day should tell you all you need to know. IWM is stressed, GME direct borrow is increasing. The system is for sure stressed, WHY? Why are the market mechanics stressed for a failing retailer, who just got a rejection letter from eBay about a potential acquisition.
Why does someone need shares so bad if they already closed?

Jfc -2.37% on IWM so far. 
Maybe pumping 2000 of the most consumer and energy sensitive stonks along with tech during an oil and employment crisis wasn't the mist sensible trend?

2st trade of the week. Green, chart and broker closed for the day from my phone. Got in puts at 9.53 ET with 4 contracts. No fancy options strategy. Instead of closing and taking my target profit of $40 within a 2 minutes, I stayed in the trade due to the greed and impatience to regrow my account, I wanted 50% profit 😁 I know that it is a downtrend today, there was a small reversal after 10.00, waited and added 2 more contracts.
I had work stuff to do and did not want to keep checking, this is why I added 2 more contracts with same strike. I don't usually average as it is too much hassle and deviate from my plan.
**One and done: 5 contracts = $206 total profit
Total options cost = $406**
Time in trade: 37 min. Quite long morning glory trade, good return though.
Started this week account of $300 and growing it to $60,000 with 1 trade a day, is still my goal.
Strategy is trading one trade a day, 2-5 times a week. I have been trading for a bit of time and can spot the psychological levels and how it is moving. On IWM, 280 is a tricky level and I don't want to stick to long with an open position at this number.
I only day trade options on ETFs. Timestamp on the broker is UK time. So, entry time of 2.53 is 9.53 ET.

IWM is down almost 2% today, truly the shittiest index haha

I sold my IWM 284p for a 30% loss yesterday, because I thought CPI wouldn't drop it enough.
At least today I made the smart play and bought SPY calls!

Somehow all of my puts (IWM, TSLA) and calls (NVDA, AAOI) worked. Tf is happening 🤣

Just look at all the OTM puts for this Friday and June 18th on SPY and IWM. Ghey bers aren't done yet.

I bought $IWM Calls and made 70 - 400% depending on the strike.
Act first. Think second. There is always time to get out of a trade but waiting to get into a trade can cost you.
I am paraphrasing Stanley Druckenmiller there.

Tomorrow Bols either finally start to show a little respect and feel a healthy amount of dread, or I buy into cheap IWM Puts once again.
Maybe both. 🤔

I look forward to getting back into IWM Puts after this encouraging 1 week lower high.
IWM will be the leading anchor in dragging the more tech-heavy Indexes straight to Hell.

Thats not the only bubble, look at IWM, the small cap index where most of companies aren't profitable, it hit ATH. At QQQ, at least the companies like Intel, NVDA are profitable with positive earning.