SNDK put options made $115K over the weekend.

Last Friday, as SK Hynix listed on the US market, it rallied first then sold off, and the memory sector also faced selling pressure. I bought 25 contracts of SNDK 1700P near the close, with an expiration date of July 17th. On Friday, I saw a large volume of sell orders in the dark pool, so I bet on a big drop on Monday. Then on the evening of July 12th, during the Korean market trading session, the Korean stock market hit a circuit breaker and the two major chip giants tanked I knew my SNDK puts were safe. I didn't sell at the absolute top, but I'm more than happy with the profits. Now I've closed the options and rotated into SNDK shares. I bought half of my intended position for now, and if it drops further, I'll add more https://preview.redd.it/c46ze75ew1dh1.png?width=3000&format=png&auto=webp&s=e2cd8787549ce598f86959922df922bfd40dd66c