### Comment:
My rationale is the witching happening this friday and the max pain set at 180. I was expecting a slight pull back so i got 7 ITM puts. You think the strat is bullshit?

### REPLY:
Normally that kind of thing would work, but there could be a lot of FOMO from people who think it's safe now that we're 'guaranteed' a July rate cut. 
  
 &amp;#x200B; 
  
 That's why I'm probably going to try to get out on any dip.

### END.