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ngl been trading options for like 2 years now and these past few weeks have been brutal. keep getting these random ass pumps right at close that completely destroy any put positions
like yesterday had some spy puts that were looking decent all day, then boom - last 30 mins everything just rockets up for no reason. checked the news, nothing major, just algos doing their thing i guess
started keeping more cash on the sidelines but lowkey feels like you either have to be playing 0dte or you're missing all the action. but then when you do play 0dte it's basically gambling lol
anyone else noticing this pattern? feels like intraday moves are way more violent than they used to be. maybe it's just my imagination but swear the market used to be more... predictable? now it's just random spikes everywhere
thinking of switching to longer dated spreads but honestly don't want to tie up capital for weeks when things move this fast
fr just needed to vent, been a rough couple sessions