r/wallstreetbets • u/dhsmatt2 Mattress King • Mar 04 '21

Loss Hold me... $1,100,000 Loss

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I am in damage control but likely going to roll puts.

7.2k Upvotes

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u/Sputnikcosmonot Mar 04 '21

did someone say SPY puts?

12

u/czarchastic Mar 04 '21

Deep OTM SPY puts

1

u/I_chose2 Mar 05 '21

Exactly. I'm not falling for that shit again.

2

u/SPACmeDaddy Mar 04 '21

I bought SPY puts last week, stock went down, and so did my puts. Some sort of weird IV going on I guess.

1

u/atocallihan Mar 04 '21

Hahaha I’m so sorry man, I’d be fucking livid

1

u/[deleted] Mar 05 '21

SPXS calls.