OP: "Exclusively on 0DTE SPY options, started with $10k on Thursday Jan 30, continued to go all in until $195k today, approximately 5 days later (including weekend). All realized gains, fun ride!" But wait, there is more!: "Update on my 0DTE SPY plays, now at ~$400k in 6 days, or 4 trading sessions. Still aiming to go to $1M within a week or so. All realized gains." The plays: https://www.reddit.com/media?url=ht...bp&s=d47dd4ad3b5db222bc17a49776988cf7dd935c03
There will be some people on ET who will try to sell unhedged 0DTE SPY options if the broker would allow them.
Hmmm.. he was extremely lucky with the 31 januari trade 608 calls. That one would have only worked if he bought at the open and sold at the top of the day 1.5h later. That would have been a different strategy then the other days. I don’t believe this one
That was the least profitable of his plays and there were 2 more plays with more and more money, so I say real. Returns on his trades: 1. 300% 2. 70% 3. 95% 4. 98% Today he made another 200K: (and was done by noon) 5. 50% https://www.reddit.com/media?url=https://preview.redd.it/part-3-10k-195k-400k-600k-in-5-trading-sessions-v0-29dfx20yvche1.png?width=2570&format=png&auto=webp&s=1612ca6a0e50a73c093d21c43065794377b273ba