Failure Specifics

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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.