/biz/ - Business & Finance

>knew beforehand thanks to trend spider that SPY at 435 was the weekly gamma flip level
>”duhh, that must mean flip to bearish”
>9am Michigan Sentiment is inflation is rising, bad news right?
>as SPY falls into 435 I buy puts thinking it will dump lower
>get massively gamma squeezed out, missing out on a much needed 1,000X
I hope I get another chance at this, what a fucking miss. I had the levels, I had the timing, but I had to be a faggot bear. There was a good 30 minute consolidation that I could’ve realized how strong the support was before it squeezed. All I had to do was buy calls and get out of PDT hell but noooo

wow good thing I went short. I could’ve bought 99 of these 0dte calls with $600 and came out with $25k. Instead I’m down $100