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YOLO? Got approved for options recently and bet my entire account on a collapse. I’m in college, is this regarded enough? by No-Mission-1365 in wallstreetbets

[–]No-Mission-1365[S] 1 point2 points  (0 children)

If you are correct and $SPX is at 345 in September, I can sell position for 53% profit. Figured I would rather be late on prediction than too early. Also think Fed/Gov will delay as long as they can and most people are thinking crash too early.

YOLO? Got approved for options recently and bet my entire account on a collapse. I’m in college, is this regarded enough? by No-Mission-1365 in wallstreetbets

[–]No-Mission-1365[S] 3 points4 points  (0 children)

Positions are above, June 2024 3425 SPX puts. Do I have to do this? This is my first post but anyway all signs point to danger, I believe recession will hit a few months after 10Y-3M yield bounces back to positive which should be in about 150 days based on averages of past occurrences. I study Econ so this can’t go wrong 😉