30 Comments

1. 

   mjgcfb on November 4, 2022 at 4:20 am

   now do it 251 more times

2. 

   Rough-Lavishness-401 on November 4, 2022 at 4:20 am

   You obviously don’t get it, it’s supposed to be red

3. 

   Cullengcj on November 4, 2022 at 4:20 am

   0dte spx straddles are the shit on days when everyone knows there’s gonna be a big swing

4. 

   Aggressive-Goose-594 on November 4, 2022 at 4:20 am

   Yes this is called a straddle. Problem is if things stay flat, you get burned on both ends.

5. 

   VisualMod on November 4, 2022 at 4:20 am

   >Thank you for your advice, I will consider it.

6. 

   Juicebox-fresh on November 4, 2022 at 4:20 am

   I just put £20 into Iran winning the world cup each way for a laugh, needed this post

7. 

   escobartholomew on November 4, 2022 at 4:20 am

   So does this only work on rate announcement days or…?

8. 

   MinimumArmadillo2394 on November 4, 2022 at 4:20 am

   I bought calls this morning and sold at 1:58 for a quick 90%.

   Bought puts at 2 and I’m up 173%.

   Today was a good day. Should have bought more.

9. 

   Unrealized_Fucks on November 4, 2022 at 4:20 am

   Imma do it again tomorrow at 12:30EST instead

10. 

    BeardedMan32 on November 4, 2022 at 4:20 am

    I always tell myself to do this but never have the guts to. Works almost every time.

11. 

    Zomgzombehz on November 4, 2022 at 4:20 am

    Shit, he’s figures out the Matrix.
    “We have a fly in the punch bowl, I repeat, we have a Fly on the Punch Bowl”.

12. 

    TheRealAlexLifeson on November 4, 2022 at 4:20 am

    thats what wsb is really all about – getting together and accidentally making money -naked gun style

13. 

    AntiquesAndSo on November 4, 2022 at 4:20 am

    So what do we do now buy calls??

14. 

    AccomplishedCopy6495 on November 4, 2022 at 4:20 am

    Lol. I was thinking about that post too. I do this every FOMC too and it almost always works out. Today my 386 calls bought at 10am sold for double just before 12pm.

    Easy.

15. 

    mahtats on November 4, 2022 at 4:20 am

    So when the call doubled, didn’t the put drop significantly in value? You just anticipated the reversal? Or at least hoped for it and held onto the other leg.

16. 

    phooonix on November 4, 2022 at 4:20 am

    Strike price “closest to the middle”?

17. 

    reddituserzerosix on November 4, 2022 at 4:20 am

    Congrats and fuck you

18. 

    WisconsinGardener on November 4, 2022 at 4:20 am

    Wait, you’re not supposed to post actual good trading strategies on WSB

19. 

    Professional-Bit8510 on November 4, 2022 at 4:20 am

    That’s what I did yesterday and sold my calls this morning for 300ish loss but sold my puts for about 800 profit (500 after calls loss) then I bought puts after that huge run up. Banked today.

20. 

    AngryKhakis on November 4, 2022 at 4:20 am

    This man fucks

21. 

    ShadyTies on November 4, 2022 at 4:20 am

    This guy just learned how to trade straddles

22. 

    SuaSponte520 on November 4, 2022 at 4:20 am

    Gracias. Next time I might try.

23. 

    Kokoruda1191 on November 4, 2022 at 4:20 am

    Why can’t life be this easy. And I wish I had any idea wtf he’s talking about

24. 

    Vickuid on November 4, 2022 at 4:20 am

    Mods delete this, its not red and I dont appreciate it

25. 

    ngenerator on November 4, 2022 at 4:20 am

    What positions did you take?

26. 

    Willumz19 on November 4, 2022 at 4:20 am

    I did this as well, not as much profit as you but still growing my baby portfolio

27. 

    AutoModerator on November 4, 2022 at 4:20 am

    Hey, if you haven’t already, please reply to this comment with your positions and what led you to enter or exit them!

    *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*

28. 

    sharkykid on November 4, 2022 at 4:20 am

    Isn’t this just a straddle?

29. 

    RevolutionaryTitle32 on November 4, 2022 at 4:20 am

    This is the way~~

30. 

    k_lly_urself on November 4, 2022 at 4:20 am

    Salute