I came into the day with 25 January 2023 puts, 4 October 2022 puts, and 1 September 2022 put. If you know me at all, you know that having something expire literally next week does NOT sit well with me. Mercifully, the trading gods gave me a golden opportunity to GTFO, and I did!
So I’m breathing a bit easier now. Last week, we had an important failure with the QQQ:
This morning, DIA and SPY have joined the fun.
I say again, I think September is going to be dynamite.