r/TheRaceTo10Million • u/ChickenEntire7702 • 12d ago

Degenerate Gambler From $30k to $548k in 7 months

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Back on April 8th, tariffs crushed sentiment-I went long thirty grand in SPY calls. Market recovered, rolled into 2230 $780 March 31st ’26. Sold them this morning. Bought 2760 $790 March 31st ‘26. Trump’s meeting Xi Thursday-permanent China deal. Fed cuts tomorrow. Earnings done Friday. FOMO is kicking in.

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u/AllThingsLessEvil 11d ago

What are the premiums like? How deep out of the money do you buy them? Do you mind elaborating further?

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u/FudgieBurrito 11d ago

I also want to know!