/biz/ - Business & Finance

Ww3
Spanish flu 2.0
Global economic collapse

2020 sucks

>>17566613
its going to be a gay and stinky (see picture) stable coin so no chance for profit. And they will make their own oracle network if they want to go that way

Okay guys, I have $40000 which I saved up in 2019 and this is the full liquid net worth I have to my name. I live with my parents and have pretty much no bills and will not be in any trouble if I go broke. I just started trying out options today and was able to make about $2000 from an initial $2700 during the little bear run before the S&P shot back up over 3000 whihc made my net -$500 at closing.
So anyway, my question is should I risk this $40k and go full YOLO into puts tomorrow? What should my expiration be? I chose 3/11 for the puts I played today which I'm worried about now since if the market doesn't fall by like over 2% tomorrow they're gonna worthless by Thursday. $40k means alot to me and it would take me almost a full year of working every day of the week to get that back if I lost it all. But I feel like the current market conditions are ripe for me to be able to turn that into over $100k if I get lucky. Is it worth it? I would of course post results here whether that be gain porn or loss porn

pic unrelated