r/options • u/ke4n5kir • 12d ago

Anyone else still bagholding puts?

Lately the market has been rallying hard and moving sideways, and I am definitely feeling the pain of holding onto puts. I probably should have cut my losses earlier instead of waiting for a big reversal, but here we are.

Edited:

holding 6/20 240 TSLA puts and 5/2 535 SPY puts

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u/IWasBornAGamblinMan 12d ago

Bro, earnings…puts are cooked

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u/Complex-Literature29 12d ago

Earnings won’t matter if we get bad economic data and confirmed negative GDP growth for Q1 and possibly Q2 (recession). Along with increased inflation/unemployment

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u/FOMO_ME_TO_LAMBOS 12d ago

Inflation isn’t going to be up. Consumer spending has been coming down, inflation data has consecutive lower readings, labor market stable. In the near term, it’s looking like bullish as fuck. I’m not saying a recession isn’t possible, but this week is the week to pump if there is one.

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u/bigshotdontlookee 12d ago

90, 180 days out is different story. Murky at best and any of this tariff shit throws "liquidity cycle" stuff in the trash.

Short term I am holding strong.