/biz/ - Business & Finance

>>53059623
>to profit from a 320 put spy would have to fall below 320
pretty exactly what I want, maybe it's a retarded binary bet but if you're supposed to trade your conviction then that's what I think I should be doing. On any given day I'm trying to read the tea leaves and trade in directions I have zero long- or even mid-term faith in, which just wears me out. It's just profoundly obvious that short of a miraculous collapse of the labor market and reversal into strong deflation in the next few months that the fed is going to have to remain a hawkish posture long after the market thinks they should ease, and there are going to be several more shockwaves coming in the next months as the market absorbs the reality (for the nth time) that the fed means what it says and that it wants to err on the side of overtightening for longer.

So yeah I just want to bet on SPY down 15% from today's numbers and walk away for 6 months and enjoy life, and to not even be physically capable of reversing course impulsively based on some random green 5-min candle because I think I can scalp $100 off of it.