Follow the Options Action: Risky but Juicy Returns (Patreon)
Published:
2023-03-03 15:57:41
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3 Days ago, new traders opened up put (short) options positions on Silvergate $SI
- $10 Strike Puts Expiring 3/3/2023 expiring in just two days from entry. They obviously had insider info.
- They exited yesterday.
- That trader returned ~10,000% today from two days ago, turning $13,000 into $1.3 million.
- A 75% fall in 13 days is astounding.
- A further 63% in 3 days is even more astounding.
This is IADSS on the 1 hour - triggered a sell at $32.