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grimkhor t1_j6m6wtx wrote

Reply to comment by Past_Tangelo1827 in Calm before Storm- Markets Awfully calm going into the FOMC Meet by Past_Tangelo1827

This is literally how the market moves and esp. indexes 99.99% of the time besides crashes, bankruptcies or following recoveries. If you think this is not a meaningful move in an index you are either not invested in any index or you are a perma bear that prays for the 99% drop every day.

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Past_Tangelo1827 OP t1_j6oo26d wrote

I was short on 20 lots 0 DTE SPY puts but Monday market never made me panic on my position. So that is why I said despite fall market felt calm to me otherwise Gamma spike would have forced me to cut my position

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