Successfully betting against the banks ;D


It turns out I was correct in my previous post regarding trading the banking sector collapse. See my original post and trading hypothesis here: https://www.reddit.com/r/MerlinFinanceLLC/comments/11nyffj/how_to_play_the_banking_sector_collapse/ tl;dr –> Friday's bank closures foreshadowed Monday 🧙

Here's the profit breakdown on the referenced trades…

$CMA 03/17/2023 57.50 P –> + 758.67%

$FITB 03/17/2023 29.00 P –> + 614.75%

$HOOD 03/17/2023 8.50 P –> – 5.17%

$SPG 03/17/2023 110.00 P –> + 62.78%

$XLF 03/17/2023 32.50 P –> + 118.57%

$KRE 03/17/2023 49.00 P –> + 267.66%

$VNQ 03/17/2023 80.00 P –> + 8.86%

Not a bad day ;]


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