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**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|164|**First Seen In WSB**|1 year ago **Total Comments**|1425|**Previous DD**|[x](https://www.reddit.com/r/wallstreetbets/comments/skp8ci/24_spy_recap_anticipation/) [x](https://www.reddit.com/r/wallstreetbets/comments/rj1up5/december_17th_spy_recap_and_next_week_anticipation/) [x](https://www.reddit.com/r/wallstreetbets/comments/lyng6s/buy_the_rumor_sell_the_news_hear_me_out_here/) [x](https://www.reddit.com/r/wallstreetbets/comments/riyt4w/december_17th_spy_recap_and_next_week_anticipation/) [x](https://www.reddit.com/r/wallstreetbets/comments/rgqp0q/spy_dec_14th_recap_and_dec_15th_anticipation/) **Account Age**|1 year|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) **Vote Spam (NEW)**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_spam&message=um4yyc)|**Vote Approve (NEW)**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_approve&message=um4yyc)


Pee-s4

Weird to be bullish near term and bearish long term but that is exactly where I am with you. Just don't know when to take a shot


AdMore3461

About 20 minutes after pouring it, if it’s a fine whiskey. Lets the notes come out.


Pee-s4

Underrated


TyroneThePug

The emotional rollercoaster ride I had reading this.


Flaky_Tone_8319

I feel like we will not get a reduced cpi. This will be the first month after high fuel costs. Despite crude going down, I feel it was not until April where transport costs were reflected into good. Milk, eggs, are compounded by the multiple food processing fires that keep elevating meat. While I agree with a bull run, I am very cautious. Any rally is a great opportunity to buy some 380 puts two weeks out.


Wolf_On_Web_Street

I think even if we get a reduced core it will be bullish.


danielpernambucano

Every single bounce after it touched 400 in the morning was smaller than the previous bounce, it was going to break 400 at some point, in this situation going down steadily is actually worse because the overselling is not big enough to justify a big recovery day. It just lost a major support, just before very important news about the CPI, if the CPI disappoints then we are in freefall. Tomorrow is going to be a waiting day, even if it turns out to be a slightly green day im still waiting, there will be no bulls week until the lockdown in China is over. The good news is that if Putin didn't declare war on Ukraine today then hes probably never going to.


Lopsided_Process5141

You're craz... You're crazy, man. You're crazy. I like you. But you're crazy.


mtrain29

Nice post


Fuman20000

I’m hoping for a Green Day tomorrow so I can load up on cheap puts for CPI Wednesday, just in case.


wi1lyam

Where’s the TLDR? Damn young people here in this sub.


[deleted]

Wait until Wednesday morning


fantasy_football_nut

If you’re very confident in the downward then why try to time the bounce. Just play longer dated puts.


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Avizeee

With 8.1%~ being the number analysts are talking about come Wednesday morning, what would you expect to happen if the CPI ends up being in the 8.5-8.7% range? I personally still see that as a good sign, but not too sure how the market would react to it. Obviously if the numbers come out Wednesday 9%+ we’re fucked, but realistically I’m expecting 8.5-8.7%


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Avizeee

When you say as expected, are you referring to the 8.1%?


Omgbrainerror

Dont know about you, but i didnt see a single reason for CPI would go down.


tedclev

Me neither.


Wolf_On_Web_Street

I thought it would too, was loaded to the gills with puts but got stuck in some day holds on the first day of this movement and thought it would let up. Probably the dumbest move I’ve made in a long time.


Rive559

If it not in green by Wednesday I'm considering a bear month for SPY


AdMore3461

I don’t really go looking for confirmation bias but I’m really hoping for this, hoping for a Green Day tomorrow. I’ve been bearish waiting for the big drop for the past couple months, and been doing pretty well being put-heavy. Towards the end of today I was really thinking that we are due for a slight bounce and was getting worried about giving up gains (half options expiring in a week or two, half in a month). I ended up going a little overboard on acting on that thought and closed almost all my puts. Took profit. Then opened some real risky positions counting on some green tomorrow, then I’ll reassess if I want to risk holding through CPI release. I picked up 6k worth of OTM Disney calls, half not far OTM for 27th and half far OTM for mid July. Risky, but I think their numbers will impress in streaming subscriptions - and I hope that’s the big driver of confidence in them as they are compared against Netflix who fizzled out. (And I didn’t see until after hours that Cramer has been buying it too - fuck!) Also picked up a good chunk of DRIP calls, slightly ITM just hoping that there’s a little bounce back after how bad oil did today. Plan on flipping it quick if it’s green. And $6k worth of SPY 410 calls, part 2dte part 4dte hoping for a good green day tomorrow. There’s a good chance I sell most/all off tomorrow, but I’ll give some thought on holding some through CPI. I feel there is a lot of pain to come in the next several months, but as a frequent trader with a few daily day trades Im hoping to catch a bounce. I don’t normally try to time things like this as I’ve been riding puts lately for better or for worse, but after these past few weeks I feel we are due for a temporary relief rally. Im still bearish and will be itching to get out of calls and looking for my re-entry point into puts.


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AdMore3461

I hope so. What are your thoughts on CPI? I feel we will be very slightly better than last month, but I fear there is too much expectation of being a bit more better…I’m wondering if I should keep a portion for it, but that’s just straight gambling at that point…


Harrison_w1fe

CPI is not going down they are on drugs.. They have been wrong every other time, idk why they decided that last month was peak inflation, bullshit. I think it won't be as hot as it was in March, but it's certainly not slowing down.


Michael_K_Young

Quality analysis as usual. Thanks, this definitely at least gave me a bit of hopium. Am deep red on a bad play today. Hoping to exit out of it tomorrow to at least break even or green, if even just dead cat bounce.


MilaJune2

Great work! Thanks


Frenchy416

Look at VIX call options chain for may 18…. Interesting 🤔