Meteoric Rise in QQQ and SPY Puts Today from under 10 c to over $8

Apr 04, 2024

So you buy a hundred contracts, the ten thousand shares you're controlling at seven cents So how much is that $700 right? So you have almost your thousand dollars there and only a hundred contracts. But just a couple of hours later, you see your $700  investment turned into, Oh let me see here What's a hundred times seven hundred That's $70,000. That would be $80,000+ in about two hours. I just have to ask you the question Is a little bit of patience worth it in a situation like this?

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