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Reddit / WSB-Jul 17, 11:22 PM
SPXC Puts Deliver 10x Returns — Sorry I Didn't Hit the 20x I Promised
The poster bought SPXC puts and achieved roughly 10x returns, falling short of their self-imposed 20x target. They diamond-handed through the ride, watching their position swing from $0 to ~$350k, back down to ~$100k, and finally up to $500k+.
Why it matters: They deleted their brokerage app in the moment and plan to reinstall it on Monday to lock in the gains.