2023-05-02 Big MTM Loss on the Massive Up Move Loss -15k

🧔MADDY's 💸P&L Statement for 2023-05-02T23:11:42

Big MTM Loss on the Massive Up Move

  • At one point MTM Loss was over -23K 😨.

Market could correct tomorrow

  • tomorrow night FOMC meting is there.
  • I tried to push 18100 CE to 18200 CE but decided to close this weeks position at around -7k loss if I get opportunity.
  • Currently hopeful but the situation is tense as there is massive one side move.
  • The momentum should push it up, but rational says it has to correct tomorrow.

  • Bought Full hedge on the upside 18300 CE.

― OptionsMaddy
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