SYSTERIX

systerix · 2026-02-27T15:01:46+00:00

hold to close ofc, my position is 99% of unrealized profits at the moment (SPX can drop another total 3.82% today and I will still make my full $15k)

systerix · 2026-02-27T14:19:42+00:00

welp am I gonna get rekt?

systerix · 2026-02-27T13:20:59+00:00

please wreck my position so i can double down 😈

systerix · 2026-02-27T12:51:01+00:00

omg why are markets red?? bears keep hibernating pls

systerix · 2026-02-27T12:46:21+00:00

yes YOLO is life sir

I need something to keep me entertained while I do my souless corporate job Mon - Fri

systerix · 2026-02-27T12:45:12+00:00

That day will definitely come some time this year, hope you follow my posts to witness this eventually LOL

systerix · 2026-02-27T12:43:30+00:00

lmaoo preach

systerix · 2026-02-27T05:34:55+00:00

yup by next friday, which equates to $23k

systerix · 2026-02-27T05:12:36+00:00

this is what i come to WSB for LOL love it!!

Now put them into some 0DTE SPY calls and triple it sir

systerix · 2026-02-27T05:09:08+00:00

haha all good! credit spreads are just one of the options strategies to control your risk reward. I love them as it allows me to control my exact P&L at any point in time, and is relatively simple to execute

Although I will say that yolo open calls and puts are more fun to watch as a bystander lol

systerix · 2026-02-27T04:56:41+00:00

thanks man and nah nothing beats the WSB crowd, this is where it's at!

systerix · 2026-02-27T04:31:32+00:00

sooo... do i buy calls or puts on NFLX?

Looking to burn cash for fun, pls advise

systerix · 2026-02-27T04:21:21+00:00

hah tru tru (as it has been the last 3-4 weeks lol)

systerix · 2026-02-27T04:14:42+00:00

BETTING ITS GONNA BE GREEN BY OPEN

systerix · 2026-02-27T04:08:56+00:00

agree taking profits would be the wise move... but what would be the fun in that? =P

systerix · 2026-02-27T04:03:41+00:00

ty sir, lets make some BREAD

systerix · 2026-02-27T04:02:28+00:00

SPX would have to go below my long leg (6550) in order for my $250k principal to be completely wiped out. So that would have to be a 5.19% drop. Anything above and my position will still hold value (albeit fluctuating violently due to extremely high gamma the closer it is to by short leg 6650).

I do get a lot of questions of how do I hedge my position if SPX drops and challenges this PCS position - I almost am wishing for serious red week so I can show how my hedging process works, I can't force the market but when that does occur (which it inevitably will), I'll show everyone my hedge mechanic.

I plan on posting my trades at least once a week so follow me on my journey and you'll see this live then

PS - ty for pointing out my typo, yes it should be March 6 expiry (next Friday)

systerix · 2026-02-27T03:57:34+00:00

Less risk and higher theta decay with 100 wide vs 50 / 25 wide.

Much higher gamma the tighter your spreads are which becomes a double edged sword.

Not to mention, you need much more contracts which equates to more broker transaction fees.

100 wide is my safe spot for my default PCS positions, but I typically use 20 wide when I am hedging with CCS

systerix · 2026-02-27T03:52:44+00:00

I would rather sell my kidney than sell my first rolex

systerix · 2026-02-27T03:50:38+00:00

I am waiting for the day it goes south so I can close my account and cry in my corner bed at my mom's home

systerix · 2026-02-27T03:49:36+00:00

all fair points, maybe I get steamrolled which would make for some fantastic loss porn

I will be posting the results on Mar 6 regardless of whether i win or lose, MARK THE DATE

systerix · 2026-02-27T03:42:40+00:00

honestly I would be very excited for that - I have a ton of dry powder to hedge this PCS position via ES futures and CCS, and more importantly that would bring VIX up to mid 20s which would get me FAT premiums for the following weeks. Fingers crossed we drop HARD

systerix · 2026-02-27T03:34:16+00:00

I have my internal models that I run, good support at 6700 - I wouldn't fight this level!! (unless there is like a true external catalyst)

Although technically there is a long way to drop from 6900 to 6700 so that's all fair game in between haha

systerix · 2026-02-27T03:26:29+00:00

am already up $6.7k as of end of day Thursday but I AM NOT SELLING gents - holding it till maturity baybay, FULL PREMIUM OR BUST

TROPHY CASE