Got filled on some $230 puts for $3.50. EDIT(1050).... Already hating this trade lol. EDIT2(1057)....Out. .20 red
You bought a GS $230 put? May I ask what was your rationale? I bought calls on banks thinking the Trump tax cut proposal would cause them to pop up?
I had a bearish ATM debit pread over MS this week...it was a hedge against France / DPRK / continued bearishness / etc. It would cost me more to close than hold now that both sides are well ITM. A drop in the bucket against the tide of bullish wins...
Just a few hour or less momo play off of the liquidity and movement of the underlying... thats just the way I trade these things.... no macro involved. The chart scared me and I bailed too early. Could have sold for $4.30+/- had I given it an hour. No biggie.