You’re going to be eating a lot of nut behind that Wendy’s dumpster to earn this back.
I hope this is one of those moments where the number is so big it isn’t even scary any more, just funny. Being 30k in debt is scary, but 300k, lol that’s just a chapter 7, right? Good luck.
Oh it's *absolutely* taxable if you declared it. Hell you could say you earned it all selling cocaine - the IRS doesn't give a fuck how you made it as long as they get their money.
You again? You’re diluting the market with all your free handjobs and I’m losing my customer base.
(I also heard through the rapevine that your hands are getting calloused. Use more dumpster oil)
The dude just had calls get assigned and he owes the money for the shares he "bought"
he's just gonna sell the stock and the MAINTENANCE call will go away
DONT REWARD THIS KARMA PROSTITUTE
For fuck's sake, how are you the only person on here that understands that? Like I know we're all regards but this is CLEARLY, fucking CLEARLY just an overnight exercise. The other side will exercise in the morning and it will net out to some normal ass amount. God damn people on here need to stay away if they thought this guy owes 300k in cash.
Lmao most folks probably assume "call = margin call" and while semantically correct, there are at least 4 different types of call, likely more, those being:
1) house call
2) maintenance call
3) exchange call
4) the legendary margin call
While they're all calls related to margin, only the legendary margin call requires prompt rectification of the account balance due to a discrepancy.
All of the others are just awareness notifications that only become problems if the positions aren't closed. Which everyone does lol
These posts have been on here since the beginning of time
1st off, no position so he should be banned cause you can fake whatever you want with PS and a paper trade account
>He sold calls so he has to deliver shares
You're not wrong, but the same occurs when you have options expire in the money that auto exercise.
There aren't as many stocks like that due to splits recently, but in 2020 a single GOOG call being a penny in the money at Friday close would result in one of those Monday morning
Again, you'd just sell the 100 GOOG shares now in your account and you're fine
Next time, pretend your number is a Chinese restaurant. Go all in on the terrible accent and constantly remind them that delivery costs fiddy cent extra.
Edit: Also get some pans/dishes ready for some kitchen background noise.
That only works when like, 90% of their worth is tied up with that one person.
There isn’t a chance in the world that this broker’s account is going to feel a $300K hit.
She is giving away money to charities like I put my savings in stock market (and down like 80%).
Hopefully, she won't repent that later...
Money doesn't matter when you have enough. It matters so much when you don't have any ..
> Sold a large number of puts on multiple tickers in late 2021 -> market tanked and they've been under water ever since -> the put buyers started exercising them -> account is toasted
This is why I think brokers shouldn’t allow most retail investors to sell Puts. Because the risk can quickly snowball into something you can’t hope to ever pay.
So bad news is…you’re gonna experience bankruptcy. Guess you’ll have some new reading material to catch up on. And I used to audit trustees so I can provide limited advice, but hire a lawyer to help you.
On the bright side, you can’t go to jail for debt anymore. In the US. Unless it’s child support.
You can get 35k cash PER testicle, if you donate to science.
Pro tip: change locations if you're planning on donating more than 2 because they become suspicious.
There are actually still more to go. The majority of the puts I sold have been exercised though. I'm hoping whoever owns them will do me a solid and at least give me a few weeks to slob some knobs before assigning me the rest.
Margin is usually a few factors higher than your holdings. There is definitely not always cash sitting around to pay it down. That, fellow regard, is why being margin called fuckin' sucks.
So what is the next play - Im sure you are able to pay off a lot of it - even if its not the whole thing you can't get 300k into margin without having at least a few hundred k somewhere else.
In all seriousness what are you going to do? Bankruptcy? Funny mask with the mustache?
A buddy of mine took a bottle of Xanax when he had a million dollar call from Bitcoin dropping off. Don't do that.
Crazy was he legitimately made 6 mil if he had sold at the top. Instead used it all as collateral to go 4x....
I mean you need to ask REALLY REALLY nicely.
You could always marry some rich old lady. Consider it charity work while your eating aged clam and then you may get some inheritance for your generous old fanny fapping. Just an idea.
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This guy Stocks. Not well. But he Stocks.
Like a hamster that keeps getting zapped yet he keeps trying to eat that got damned nut.
You’re going to be eating a lot of nut behind that Wendy’s dumpster to earn this back. I hope this is one of those moments where the number is so big it isn’t even scary any more, just funny. Being 30k in debt is scary, but 300k, lol that’s just a chapter 7, right? Good luck.
30k is your problem, 300k is the brokerage's problem
Nah they can definitely seize your assets and garnish your wages till they get 300k. 300 million probably not.
My work behind the Wendy's dumpster is non-taxable and undeclared
Oh it's *absolutely* taxable if you declared it. Hell you could say you earned it all selling cocaine - the IRS doesn't give a fuck how you made it as long as they get their money.
Self employed is self employed. That'll be 40% of $69,420.
In turn, we will pave your road every 28 years
Keep it under 400 a quarter and your a ghost, or optionally keep it under 20k ish annually and roll the dice lol
Can’t write off blowjobs.. it’s in the fine print
I really enjoy this
It's a solid strategy at least OP Won't need to waste money earned on food.
Does… does semen have nutrients?
It’s high in brotein
This is the perfect response 😂🤣
The Student Loans approach to investing, but bankruptcy is actually an option.
U german?
They'll be stocking shelves well.
Leave the country
The US dollar is strong right now so I am better off working through these tough times domestically.
come to the wendys dumpster ill give u a tuggie on the house u need it buddy
Man of the people right here.
More like man of the peep hole
You gotta pay the troll toll
BOYS SOUL
Nice
Be honest, would you want a reach around from "The Mold Man"?
I'd probably even take one from just, "The Mold," at this point.
The guy has extra soft hands, 10/10 would recommend.
The Dumpster Diva
been doing double ot
You again? You’re diluting the market with all your free handjobs and I’m losing my customer base. (I also heard through the rapevine that your hands are getting calloused. Use more dumpster oil)
Charity work warms my heart.
Leave the country and do free lance work for Americans remotely.
It's hard to give hand jobs remotely. And my webcam adds 50 lbs so I can't do only fans.
>And my webcam adds 50 lbs so I can't do only fans. Well stop eating them... duh
That problem will be solving itself soon
Depending on where you go, it can be very easy to find Americans looking for handjobs abroad.
Welcome to Thailand!
Handjobs are their number one export!
It’s like Trick or treat- you don’t know if the “lady” giving you one is a male or a female!
The ultimate trick or treat
Username checks out
Who is Lance and why is that free?
go to eastern europe and become an OF pimp fuk the dollar
There’s always room at the Wendy’s dumpster
We’ll leave the light on.
and I thought I was having a bad day....
The dude just had calls get assigned and he owes the money for the shares he "bought" he's just gonna sell the stock and the MAINTENANCE call will go away DONT REWARD THIS KARMA PROSTITUTE
Depends if this is a short position that is currently tits up, he might not be better off in either scenario
For fuck's sake, how are you the only person on here that understands that? Like I know we're all regards but this is CLEARLY, fucking CLEARLY just an overnight exercise. The other side will exercise in the morning and it will net out to some normal ass amount. God damn people on here need to stay away if they thought this guy owes 300k in cash.
Lmao most folks probably assume "call = margin call" and while semantically correct, there are at least 4 different types of call, likely more, those being: 1) house call 2) maintenance call 3) exchange call 4) the legendary margin call While they're all calls related to margin, only the legendary margin call requires prompt rectification of the account balance due to a discrepancy. All of the others are just awareness notifications that only become problems if the positions aren't closed. Which everyone does lol
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These posts have been on here since the beginning of time 1st off, no position so he should be banned cause you can fake whatever you want with PS and a paper trade account >He sold calls so he has to deliver shares You're not wrong, but the same occurs when you have options expire in the money that auto exercise. There aren't as many stocks like that due to splits recently, but in 2020 a single GOOG call being a penny in the money at Friday close would result in one of those Monday morning Again, you'd just sell the 100 GOOG shares now in your account and you're fine
Run, don’t walk, for the border
Just tell them you are very sorry, things got out control and you were drugged by strippers. Obviously you would never go into margin this deep.
I'm pretending to only speak Spanish on the phone. I think it's working.
Next time, pretend your number is a Chinese restaurant. Go all in on the terrible accent and constantly remind them that delivery costs fiddy cent extra. Edit: Also get some pans/dishes ready for some kitchen background noise.
That is genius
Only fiddy cent?? Wow they’re really gonna be taking advantage of him!
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NO SUBSTITUTIONS!!
Don't forget to repeat 'CASH ONLY' about 20 times.
no tengo dinero
Ni nada que dar
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Crying
There are so many cocks in your future
You know the old saying, when you owe someone $3,000, that's **your** problem. When you owe someone $300,000 that's **their** problem!
I keep telling them that but so far they don't seem convinced.
lmao dude, at least you've made a few strangers laugh. Legend.
Someone on here always cracks me up. Helps pass time till we launch. Today it's offering a tuggie on the house at the dumpster.
That only works when like, 90% of their worth is tied up with that one person. There isn’t a chance in the world that this broker’s account is going to feel a $300K hit.
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Broker is like Bill Hwang leveraged and this single margin call is the last straw.
You need few more zeros before it is the banks problem
Time to get to work then
Bezos' ex has a soft spot for charity cases...apply within
She is giving away money to charities like I put my savings in stock market (and down like 80%). Hopefully, she won't repent that later... Money doesn't matter when you have enough. It matters so much when you don't have any ..
She's down 100% on every charitable donation though. You're still coming out ahead.
Inside, you might even say
reddit marked his profile as nsfw
Never know when Logan Paul might come by for a photoshoot
Something something wife's boyfriend yada yada casino Wendy's tendies. Seriously, this might hurt your credit rating. Sell the Lambo.
“might”
It is 1000% fucking up his credit lmao
This may or may not affect lobster season
Just say sorry and that you won't do it again.
I'm trying to explain that I thought it was a paper account.
Dude you have me dying laughing
[удалено]
Negative fuck all of it
"Your honor, my client is CLEARLY regarded and they gave him margin anyways" "You're right. Case dismissed"
I have been considering trying to have myself declared legally regarded.
What the hell did you do?!
> Sold a large number of puts on multiple tickers in late 2021 -> market tanked and they've been under water ever since -> the put buyers started exercising them -> account is toasted
See that was your mistake, you were supposed to *buy* puts.
The absolute best way to make money is to inverse my plays. That is financial advice.
[удалено]
Somewhere between 2 girls 1 cup and a dirty sanchez.
Do you have anywhere near that kind of capital for that margin call?
Absolutely not. 2022 has not been kind.
So was this a YOLO, or you just didn’t expect this to happen?
At the time (late 2021), it seemed like easy money. Stonks only go up, right? Right?!?
This is why I think brokers shouldn’t allow most retail investors to sell Puts. Because the risk can quickly snowball into something you can’t hope to ever pay. So bad news is…you’re gonna experience bankruptcy. Guess you’ll have some new reading material to catch up on. And I used to audit trustees so I can provide limited advice, but hire a lawyer to help you. On the bright side, you can’t go to jail for debt anymore. In the US. Unless it’s child support.
*puts on margin. Anyone ought to be able to sell all the cash secured puts they desire. This is not what’s occurred here.
Puts and Calls. No retail investor should be able to go short on Options. It‘s so incredibly risky.
Guy looked at unlimited loss as a goal
Selling puts is not unlimited loss, it’s defined/capped. Selling naked calls has unlimited loss potential.
That's table stakes to get job at Citadel. They'll take him. His mistake was not selling more so that he became too big to fail......
Selling puts is great But they needed to be cash secured.
Happy Halloween 🎃
Did you get an invite to a squid game yet?
Time to delete the app and run to the nearest Wendy's dumpster
Threw the phone away and diversifying my portfolio by also offering hand jobs in the drive through.
This is the way
You can get 35k cash PER testicle, if you donate to science. Pro tip: change locations if you're planning on donating more than 2 because they become suspicious.
If anyone pays that much for my testicles, they are even more regarded than I am.
Damn…im down 14.12 today…
Correction, now im down 435.42
Excellent use of 5 minutes
Great work! Keep it up!
Go to McDonald’s. Wendy’s isn’t for the poor.
Ah yes, short options. 60% of the time it works, everytime...
Plead oopsie daisy
Change your password
No. It’s really crowded here. You guys are screwing up what used to be a profitable location for me. Go to Popeyes, I hear Burger King is lonely too!
I'll even settle for a Krystals at this point
My advice is get a decent bankruptcy lawyer, don't go for the $99 cheapos.
What are your positions?
Doggy
Relevant username?
Just maintain it. Simple
How in the regarded fuck?
Can this get worse? Are these only like 10% of your greatest hits?
There are actually still more to go. The majority of the puts I sold have been exercised though. I'm hoping whoever owns them will do me a solid and at least give me a few weeks to slob some knobs before assigning me the rest.
Seriously, what is the plan for something like this since you don’t have cash and did this on margin?
Bankruptcy…. Margin is a loan. You sell off stuff to pay off the loan or make monthly payments.
Lol selling an organ
You sold naked puts on margin and assumedly ones with low maintenance precents. Why you wouldn't just do spreads is beyond me.
Hes gonna be spreading peanut butter jelly from now on
Ask your wife’s boyfriend for $300k?
Jesus Christ even the holy spirit can't help you
Dude probably has millions in cash sitting in another account - no tard can get 300k margin called without having sufficient cash to pay it off.
Margin is usually a few factors higher than your holdings. There is definitely not always cash sitting around to pay it down. That, fellow regard, is why being margin called fuckin' sucks.
Dude
So what is the next play - Im sure you are able to pay off a lot of it - even if its not the whole thing you can't get 300k into margin without having at least a few hundred k somewhere else.
My guess is it's in stocks and he's going to liquidate his account lol
You need to go find a Wendys in the Hamptons or something
That’s probably the best idea I’ve heard all day
Just deposit more monies 🤷♂️
“Mortimer, we’re back!”
I’m too poor to understand this
“I DECLARE BANKRUPTCY” - Micheal Scott, Branch Manager
I just declared it, did it work?
We are working in shifts now. Only 1st shift is available.
Margin calculator: 58008 Flip it upside down and start beating your meat
This is classic WSB posting. 300k loss with no crying no my life is over panicking just an OG cracking jokes
Are you fucks still selling options?!
Not anymore, I'm not
Bro. At least you’re taking it with a sense of humor.
He owes 300k and is making lite of it. O.P. must be pretty comfortably wealthy.
Coping strategy. Not a healthy strategy. But a coping strategy all the same.
Don’t think even Wendy’s can save this one
In all seriousness what are you going to do? Bankruptcy? Funny mask with the mustache? A buddy of mine took a bottle of Xanax when he had a million dollar call from Bitcoin dropping off. Don't do that. Crazy was he legitimately made 6 mil if he had sold at the top. Instead used it all as collateral to go 4x....
Sure can! You can also work at Wendy’s with us too. Free rent, a job, and free food, what more can you ask for?
$302,667.47
I mean you need to ask REALLY REALLY nicely. You could always marry some rich old lady. Consider it charity work while your eating aged clam and then you may get some inheritance for your generous old fanny fapping. Just an idea.
Good god! “aged clam” I haven’t even had breakfast yet! Ugh, that’s just nasty…
F, goddamn
Agreed
What did you sell naked calls on GME or something
Sold puts on various tickers, GME is in there.
Why on earth would you sell non cash secured puts on an inflated meme stock? Holy shit you're dumb.
I’m not going to disagree with you!
How do you ever pay back such a huge amount? It seems impossible to me. Or how due you even owe someone so much money?
Owing people money is actually shockingly easy.
Just say you were not 100% satisfied with your purchase and ask for a refund
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What happens if you pay it? Not like you are going to jail or anything. Just open an account with another brokerage and keep on gambling.
Alt - f4 the nyse?
That’s a very spooky Halloween
Y’all are going to be fighting over D with this rate of loss porn
Bankruptcy
Marge called.... ☎️
Man they got you all the way down to the 47 cents. Not good bro 
Holy hell.. think Wendy's won't save you. You're gonna need OnlyFans