they could take $SPY sideways for the next 3 days like the last big gap up open and burn all the options traders - Puts got vaporized on the gap up open and now sideways action to down is going to kill all those calls - your broker and the market makers are making the lions share of the profits --- no wonder trading firms like $AMTD & $ETFC have huge profits - they are stealing money from their customers options accounts - now options trading is overtaking equity trading for retail traders - it's feasting time for the trading firms - they let you trade for free, because they know they'll steal most of your options money trading naked IMO
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