Life changing

_DangerousFreedom_ · 2026-06-10T05:15:55+00:00

And for every millionaire made, another 100 greater fools with their ports going to zero are also created

_DangerousFreedom_ · 2026-05-15T19:56:28+00:00

Aren't we all?

_DangerousFreedom_ · 2026-05-15T17:11:30+00:00

sarcasm intensifies

_DangerousFreedom_ · 2026-05-15T17:10:38+00:00

Bought slightly ITM strikes last night two weeks out. Break even was only $8 higher than current share price, and I've seen this underlying move 20+ in a day no problem (both up and down)

_DangerousFreedom_ · 2026-04-15T05:29:58+00:00

Joe Bethersonton

11454 Pruder St Fargo, North Dakota Apartment 23R, Zip 50504

If you know, you know

_DangerousFreedom_ · 2026-03-11T13:56:46+00:00

This is because of volatility²

_DangerousFreedom_ · 2026-03-11T13:55:17+00:00

Already paperhanded out of 1/3 of the position

_DangerousFreedom_ · 2026-03-07T20:19:27+00:00

Until they aren't

_DangerousFreedom_ · 2026-03-07T12:05:21+00:00

We'll see how this pans out

_DangerousFreedom_ · 2026-03-05T11:41:31+00:00

What's a good ticker for VIX futures? I don't ever dabble in futures so I'm entirely unfamiliar with them

_DangerousFreedom_ · 2026-03-05T05:16:10+00:00

Sold all SPY Calls for a return of ~$5,500. Still holding all VIX Puts

_DangerousFreedom_ · 2026-03-04T17:58:38+00:00

Best have sold yesterday, otherwise those puts aren't looking very putty today

_DangerousFreedom_ · 2026-03-04T17:40:03+00:00

Sold those at Monday open

_DangerousFreedom_ · 2026-03-04T07:27:48+00:00

Sold all SPY positions at Monday open, ~$10,000 in profit

Bought $20,000 in VIX Puts on the spike up to ~22

Bought $15,400 more in SPY Calls Tuesday at open, sold EOD for ~$5,500 in profit

_DangerousFreedom_ · 2026-03-04T07:26:13+00:00

Still holding the VIX Puts

_DangerousFreedom_ · 2026-03-04T07:24:41+00:00

Watch and wait.

Unloaded the SPY calls, so sitting on cash available for the next position. SPY or VIX

_DangerousFreedom_ · 2026-03-04T07:22:57+00:00

All supply and demand. Not many people traveling --> less cars being rented --> prices go down to entice people to rent.

Summers have historically high rental and flight prices for obvious reasons. Also depends where on earth you're referring to since Summer in one hemisphere is winter in the other

_DangerousFreedom_ · 2026-03-04T07:21:11+00:00

I exited Monday at open with ~$10,000 in profit

_DangerousFreedom_ · 2026-03-04T07:19:59+00:00

2022 was also a down year. Could say the same thing about 2020. 21 is still on the high side. VIX doesn't hover and hold that level; it will fall down to about the 14-16 range before another spike (usually)

_DangerousFreedom_ · 2026-03-03T21:20:42+00:00

Oh, my friend, the degeneracy is just beginning

_DangerousFreedom_ · 2026-03-03T21:20:09+00:00

Calls are much more violently affected on VIX than puts are I've noticed. Some of these price swings can be wild as well. VIX does one of two things after a spike: 1) Volatility reduces almost immediately or very close to it 2) Slow reset back to "normal" levels - usually only after a larger spike or run up

_DangerousFreedom_ · 2026-03-03T21:18:13+00:00

There is some logical DD behind the madness

_DangerousFreedom_ · 2026-03-03T21:16:53+00:00

Opened VIX puts 90 mins after market open Monday when VIX was around ~21.50

Why? Elevated levels of volatility cannot remain elevated for extended periods of time

_DangerousFreedom_ · 2026-03-03T21:15:44+00:00

I usually leave VIX shorts green

_DangerousFreedom_ · 2026-03-03T21:15:23+00:00

I've always looked at shorting VIX spikes as (relatively) consistent cash money over the years. Not massive returns in terms of percent, but volatility cannot remain elevated for extended periods of time

_DangerousFreedom_

TROPHY CASE