Found it.... So basically 1 trading day and they doubled their $9 million dollar bet. Yep. And funny thing is Friday markets closed up as if there was not a worry in the world as dow made another record high....
September is always a bad month, but still quite the bet. Wonder if it was only a small portion of their portfolio or did they really take a huge risk. Either way, great to see it pay off like that
Are you a fellow retail? After many trades, I found bid/ask spreads ate most of my butterflies' profits. Whatever "edge" I have barely covers the overhead. What is a retail to do?
no. not even in the trader camp. will do a tactical trade rarely. just buy monopolies and indexes passive aggressively
So, what are you doing in an elite trader's social media website? OK you play monopolies, I have nothing to monopolize, so resort to buying single leg option lottery tickets.
there are a few people here with insight and experience. I don't play monopolies; I own them +12 months. If retail had any advantage I'd be the first to exploit it.