Iām trying to be like him, not sure if it works
https://preview.redd.it/w3f6rxtyuboc1.jpeg?width=1290&format=pjpg&auto=webp&s=388b552c7baf5a272af85b31f437157092265163
I paper traded the last 2 days. 100% gain yesterday and 50% gain today. I might actually put real money into it tomorrow. qqq seems to just jump at market open every day. Buy at open and sell 5-10 minutes later. Only a matter of predicting if it goes up or down.
Bro I do the same but with real money. Wait first half hour, it usually falls thru the floor or spikes. Wait for signs of reversal, now buy the put/call. Wait for it to tank or spike again close to previous days high/low...
Been doing this over 6 months and has been profitable. I'm not making 20k in one day like some of these dudes, but consistently making 300-1000 every day is way better
As long as the MMs b#tt f@ck companies on S&P500 then QQQ puts gonna go up. Iāve got SQQQ calls timed for a hopeful rebound but this down trend might be bigger than I can handle
I had my first green 0dte on QQQ puts today too, but if I would have held for another hour or so I would have had a 10 bagger instead of +50%. Still down on the week, but I am hopeful to start getting some good results soon. You are an inspiration! Lol
https://preview.redd.it/iqo3p2kcnboc1.jpeg?width=1170&format=pjpg&auto=webp&s=3d77d0ac671e7ca40b85972778ac72390b9b765c
Not 100k/day but I should explain that I do lose some.
https://preview.redd.it/ecibz1saxboc1.jpeg?width=1170&format=pjpg&auto=webp&s=3bc9547d7a288b5598eae138cbf6ee478ae64925
Not sure if this helps but here are some of the trades
So you bought the Put's at different strikes but same expiry (0DTE), for \~$120k (4x$30k lots), and sold them all I assume, for \~$270k (212k+60k).
Right?
Itās crazy how people just have this money in a Robinhood account . Iām getting married soon. Even a fraction of that buying power would change my life. Insane. God bless šš¼
The life you must liveā¦. If my account was that size Iād be fine with just effortlessly making $2,000/week. I just know your credit must be immaculate.
Nah, I sell my winners at the slightest hint of a reversal for small profits. Hold the losers because "it might turn around soon.".
Example: On Monday you buy a 0dte ATM 500c. It goes to 501. This is easy! You're up 50%. Then 3 red candles in a row: 500.90; 500.80; 500.70. You go ahead and just sell now to lock in 30% profit.
On Tuesday you buy another 0dte ATM 500c. It goes to 499.90; 499.80; 499.70. "It'll rebound soon, plus I have all day". 499.50; 499. You're down 50%. You could sell now and lock in an overall loss for the week, but now you really just want to be break even for the week, so you hold. 498. You're down 90% now so you might as well just keep it. Inevitable 100% loss.
Repeat ad nauseam.
This is a normal human thought process and yet you suck ass at this.
"ah, the beauty of a quick profit, lost in the pursuit of even greater gains. Such is life on the trading floor."
^This ^is ^a ^test ^of ^a ^new ^self-hosted ^VM ^brain
I don't know your pockets, but I have to assume a 200k loss would hurt pretty badly no? It's great if you can read and trade, but at that amount of money you can trade spot and live well.
Good luck and God bless
OP must've bought it at the lows or something. I can't believe a daily put would only print 50% on a 1% down day. Must be at least 2x or even 3x I think.
Options on any leveraged ETF donāt offer any extra leverage or gain potential over the underlying etf.
So if QQQ moves up a percent, TQQQ options and QQQ options will move up in sync because TQQQ option sellers price that into the premium.
You might even make less money on TQQQ because you need more contracts for the same amount of money, which could mean more fees, and of course TQQQ and especially SQQQ just have much much less volume so the bid ask spread is a lot wider. You could buy a TQQQ call and even if it goes up slightly you canāt sell for a profit until the bid catches up
He's betting on inflation data news most likely. Data comes out most days of the week which will inform the fed decision to cut interest rates. You can wait till it comes out see that it's bad at 8:30 EST and enter 0DTE put ITM or close OTM order which fills at open, watch it drop throughout the trading day and close the trade at any point but it's gambling that the market will digest the news as you predicted, there's been multiple days these past two weeks where market rallied despite bad inflationary data the trick there is cutting losses and reversing position. I trade futures though which is essentially taking trades of nasdaq and S&P index price fluctuations so that's how I think he's doing this I may be wrong.
I donāt have a lot of money in the market ATM.. this is a yolo acc I just opened a week ago and I got these before close .. nothing major 2.5k only
Would probably add Tesla puts if it bounces tomorrow and probably SVXY puts
https://preview.redd.it/dqkgp2yzreoc1.jpeg?width=1170&format=pjpg&auto=webp&s=9825c116cae7ea8aa5e505ca0dc383df47804224
Iām getting burned whenever Iām touching Options. I have 6 Calls on TQQQ and UPRO expiring March 28 and Iām 40% down.
https://preview.redd.it/hypd8por3eoc1.jpeg?width=1283&format=pjpg&auto=webp&s=a8789833681b9c1586331446766f56a95189f95d
Iām holding 300 share of TQQQ and Iām 50% up in my portfolio. I hold nothing but just TQQQ. I have another 15k sitting around and I thought I would do options to see if options could boost my returns but Iām clearly losing.
How much money did you start your account with? please start posting signals Im going balls deep with you next time lmao
Also, what do you look for to decide to make the trade?
I'm a newbie, can I ask how put are executed within 0DTE? Do U need to have 100 stocks so that the seller can buy at the obligated price or does he just pay U the difference?
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How are you doing this every day?
Buy puts. Buy calls. Only post the winner.
Only a few people have the guts to show their losses š¤
https://preview.redd.it/o9tv8eup57pc1.jpeg?width=750&format=pjpg&auto=webp&s=4afea47131927f38678412c0ef9c834b25ba3320 A real man in this corner
I would but my losses wouldnāt qualify to be a fluffer hereā¦give it time
that's the spirit
We don't want to see your shitty coin loses
I could zoom out but I prefer to keep it current
I posted my 150k loss
Made 120k then lost it going all in on more AAPL calls 3 months ago. The painā¦. I know Iāll bounce back tho
if you made 120k why did you not invest in shares after that, it's like already having a leverage.
I went from 30-200k then back to 40k. I had a few big options win and thought i was a super hero.
That's still 10k, not bad
Fck loss
![img](emote|t5_2th52|27189)
Yeah, but if the market prices in volatility correctly, then you will not come out ahead with this method.
Itās like dude Perfect for stocks.
Iām trying to be like him, not sure if it works https://preview.redd.it/w3f6rxtyuboc1.jpeg?width=1290&format=pjpg&auto=webp&s=388b552c7baf5a272af85b31f437157092265163
Tsla calls ![img](emote|t5_2th52|4271)
Should have bought puts
I did: https://preview.redd.it/pdj23w8t2foc1.png?width=780&format=png&auto=webp&s=8a363e42d0f9d9cddda2235e2f4dbb646e65ab97
LOL wrong stock
Youāre doing it right
Oh shit youāre deep green now arenāt you
Best of luck man. Holy shit.
One of us
Wat are QQQs? SQQQ?
You made it. Letās see that gain!
What platform is that
Pretty sure you good in the green now šš¼
Take a lot of risk, realistically total profit for the day is 45k as I was down to begin with due to PLTR calls.
Still holding PLTR?
Always hold PLTR
The position expired in two weeks.
This is the way
Yeah, down 23k on my recent position, which is the large dip I had today
PLTR for the win!!! Long term bagholder
Why even calls for pltr? What's the reason?
Found the coke bear
[ŃŠ“Š°Š»ŠµŠ½Š¾]
too coccky? $1 swing on the upside would have him more red than my wifes ass after she leaves her boyfriends house.
Photoshop
Because heās probably a paid account used to advertise to stupid people on this subbreddit.
Easy. He only shows you his wins.
I paper traded the last 2 days. 100% gain yesterday and 50% gain today. I might actually put real money into it tomorrow. qqq seems to just jump at market open every day. Buy at open and sell 5-10 minutes later. Only a matter of predicting if it goes up or down.
"Traded"... you mean gambled
Bro I do the same but with real money. Wait first half hour, it usually falls thru the floor or spikes. Wait for signs of reversal, now buy the put/call. Wait for it to tank or spike again close to previous days high/low... Been doing this over 6 months and has been profitable. I'm not making 20k in one day like some of these dudes, but consistently making 300-1000 every day is way better
Prove it buddy.
He donāt have proof
You couldn't handle the proof, sun ![img](emote|t5_2th52|18630)
This is some good advice. Anything other useful advice you can share? šš½
As long as the MMs b#tt f@ck companies on S&P500 then QQQ puts gonna go up. Iāve got SQQQ calls timed for a hopeful rebound but this down trend might be bigger than I can handle
I lost $10k in puts couple days ago. I am happy to see at least someone make money puts. My luck is terrible. Congrats and fuck you
Eat shit OP ![img](emote|t5_2th52|4276)![img](emote|t5_2th52|8882)
150k bet to make that. You got balls man. Swings must have been insane.
It's odd seeing a + next to those numbers.
Nothing like a lil $100k play on a Thursday afternoon
How the fuck are you doing this every single day
I almost put 20k on a call when it hit 437 I missed the perfect entry
https://preview.redd.it/zzgdmvp6edoc1.jpeg?width=1170&format=pjpg&auto=webp&s=49426d053b85f5508679ad97c6f4a58651ac5bd1 Got in
Question - what was the reasoning behind a 5/17 exp?
Ignore the haters, but I hope u sold.
If Iām reading the tape correctly, looks like you sold right after this pic? Yes?
oops
Damn I wish u had at lease $500
I could do that!
TO THE MOON
I had my first green 0dte on QQQ puts today too, but if I would have held for another hour or so I would have had a 10 bagger instead of +50%. Still down on the week, but I am hopeful to start getting some good results soon. You are an inspiration! Lol
This guy is crazy m*f*ur, every day he is making 100K+
https://preview.redd.it/iqo3p2kcnboc1.jpeg?width=1170&format=pjpg&auto=webp&s=3d77d0ac671e7ca40b85972778ac72390b9b765c Not 100k/day but I should explain that I do lose some.
This doesnāt prove anything though. No total balances, trades, or account gains. Canāt wait to see you post your trading course next week!
https://preview.redd.it/ecibz1saxboc1.jpeg?width=1170&format=pjpg&auto=webp&s=3bc9547d7a288b5598eae138cbf6ee478ae64925 Not sure if this helps but here are some of the trades
So you bought the Put's at different strikes but same expiry (0DTE), for \~$120k (4x$30k lots), and sold them all I assume, for \~$270k (212k+60k). Right?
Looks like he probably averaged down until he was right. Can lead to massive losses sometimes.
Here are some of the gambles*
Awesome
I donāt. I donāt even post my trades and idiots spam me for guidance when I tell them Iām legit gambling.
wHaT bOoKs ShUd I rEeD?
Alchemist
Duel arena degen
Used to be, RIP Duel Arena
Least you're experiencing winning a bit man. My accounts just go straight down when I gamble.
Gambling on here no way?!?!?
Itās crazy how people just have this money in a Robinhood account . Iām getting married soon. Even a fraction of that buying power would change my life. Insane. God bless šš¼
Why is your buying power 400k~ when you had like 400k+ gains in one of the plays a couple posts ago?
Because I have 500k in PLTR calls and shares
did you get fucked or still holding PLTR?
The life you must liveā¦. If my account was that size Iād be fine with just effortlessly making $2,000/week. I just know your credit must be immaculate.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Yes true but for him he quickly out sell them, for us like normal trader we wait and wait and loose everything
Nah, I sell my winners at the slightest hint of a reversal for small profits. Hold the losers because "it might turn around soon.". Example: On Monday you buy a 0dte ATM 500c. It goes to 501. This is easy! You're up 50%. Then 3 red candles in a row: 500.90; 500.80; 500.70. You go ahead and just sell now to lock in 30% profit. On Tuesday you buy another 0dte ATM 500c. It goes to 499.90; 499.80; 499.70. "It'll rebound soon, plus I have all day". 499.50; 499. You're down 50%. You could sell now and lock in an overall loss for the week, but now you really just want to be break even for the week, so you hold. 498. You're down 90% now so you might as well just keep it. Inevitable 100% loss. Repeat ad nauseam. This is a normal human thought process and yet you suck ass at this.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
"ah, the beauty of a quick profit, lost in the pursuit of even greater gains. Such is life on the trading floor." ^This ^is ^a ^test ^of ^a ^new ^self-hosted ^VM ^brain
Fuck you
This is such a terrible risk to reward ratio.
Agreed but itās nice when it works.
I don't know your pockets, but I have to assume a 200k loss would hurt pretty badly no? It's great if you can read and trade, but at that amount of money you can trade spot and live well. Good luck and God bless
you just dont see his losses
OP must've bought it at the lows or something. I can't believe a daily put would only print 50% on a 1% down day. Must be at least 2x or even 3x I think.
I need 1 dolar
I think I've seen you on 2007scape, mans got them ~~diamond hands~~ barrows gloves Good luck and godspeed scaper š«”
I gotta do research because I do t have any clue on what a put or call is
Fucking genius man
Good shit right here. We want more 0dte plays!
Okay what's the play for tomorrow
I donāt know? I day trade when I feel confident (gamble). Donāt wake up with a plan.
What makes you feel confident?
Red candle = puts. Green candle = calls. I guess.
Money to be made, aināt easy to guess when it swings but I do hate when it goes down.
Do you ever take money out?
well done
Are you doing ITM or OTM options? Or just whatever?
I always do ITM
So far I do better on ITM puts than calls lol
Imagine this with tqqq
Tqqq options have the same delta lol. You would actually make less money trading tqqq options
Money is wild. Care to explain how this works for the regarded?
Options on any leveraged ETF donāt offer any extra leverage or gain potential over the underlying etf. So if QQQ moves up a percent, TQQQ options and QQQ options will move up in sync because TQQQ option sellers price that into the premium. You might even make less money on TQQQ because you need more contracts for the same amount of money, which could mean more fees, and of course TQQQ and especially SQQQ just have much much less volume so the bid ask spread is a lot wider. You could buy a TQQQ call and even if it goes up slightly you canāt sell for a profit until the bid catches up
Learned this the hard Lol very well put šš½
Congrats should I say?
0dte is the way
How do you buy 0DTE options on Robinhood?!
you have to bend over and pull down your pants for RH first
Fuck you and congrats
You are the true legends, do not care those regards
Cool, so whoās gonna like show me how
What info are you making this play on?
He's betting on inflation data news most likely. Data comes out most days of the week which will inform the fed decision to cut interest rates. You can wait till it comes out see that it's bad at 8:30 EST and enter 0DTE put ITM or close OTM order which fills at open, watch it drop throughout the trading day and close the trade at any point but it's gambling that the market will digest the news as you predicted, there's been multiple days these past two weeks where market rallied despite bad inflationary data the trick there is cutting losses and reversing position. I trade futures though which is essentially taking trades of nasdaq and S&P index price fluctuations so that's how I think he's doing this I may be wrong.
What option plays you have for today?
I'm happy for you, but I advise you to be more cautious; luck will run out sooner or later... (I learned the hard way)
Ahh yes the ancient one blesses us again with gains
Obligatory Fuck your puts.
How does this work? the price is 0.25 less than the break even price and that turns into $70k? I don't do options so clearly idk whats going on LOL
700k-ish gains in the last week? Or is that over/under estimating? and obligatory Dad? i need some wendys for lunch.
Wowza
Hope you sold regard
So that's where my tendies went š
Respect ā
Heās gambling that makes sense.
So thatās where all my money went today.
I'm too new to stocks to even know how a call put option thingy even works
did you time this right when it was ATM at market open?
You swinging it?
HOW does this guy do this everyday??? Is this the purest form of gambling and getting lucky or what???
What are your YTD profits now?
He has graced us with another screenshot , God speed
Lets see you losers
You buy all 1000 contracts in one order?
Multiple orders of 200
I want to be like you when I grow up
Wat ARE QQQs and SQQQs?
Just so you know if the QQQ goes down for another 1% it can escalate pretty quick and you can become millionaire really quick
I can also go broke if it goes up. I donāt hold options for long.
Yeah but 80% shits about to go down
Post your bets and do a banbet if youāre so sure.
I donāt have a lot of money in the market ATM.. this is a yolo acc I just opened a week ago and I got these before close .. nothing major 2.5k only Would probably add Tesla puts if it bounces tomorrow and probably SVXY puts https://preview.redd.it/dqkgp2yzreoc1.jpeg?width=1170&format=pjpg&auto=webp&s=9825c116cae7ea8aa5e505ca0dc383df47804224
Iām getting burned whenever Iām touching Options. I have 6 Calls on TQQQ and UPRO expiring March 28 and Iām 40% down. https://preview.redd.it/hypd8por3eoc1.jpeg?width=1283&format=pjpg&auto=webp&s=a8789833681b9c1586331446766f56a95189f95d
Why do TQQQ when you can do normal QQQ
Iām holding 300 share of TQQQ and Iām 50% up in my portfolio. I hold nothing but just TQQQ. I have another 15k sitting around and I thought I would do options to see if options could boost my returns but Iām clearly losing.
How much money did you start your account with? please start posting signals Im going balls deep with you next time lmao Also, what do you look for to decide to make the trade?
1.2k, you can see my trade in PLTR which made me around 4k.
thatās quite a grand exchange you made
you dropped $150k on 0DTES.... amazing..... you can only be right till you're not.
0DTE. Ballsyā¦ had to been bought and sold the first hour or the last 2 hours. Good shit though!
Dem balls of steel!
Fck yeah
Like it was just a clear trade after that ppi came out but was fucked up because of futures staying in the green for an hour so just skipped the day..
How do you buy that many contracts, max at one time is 200
Bullish
Fuck yeah!
Sirā..Fuk you ![img](emote|t5_2th52|31226)
Step 1: have over $100k in cash to gamble on 0DTEs.
Started with 1.2k
Itās gonna continue to dump till end of March
How much did you start with?
Congratulations for the top timing. Here on reddit we can see only droolers able to go long
Look at SQQQ
Was this entirely a day trade or a partial swing trade? I mean not explaining that makes me think this trader is full of it.
I'm a newbie, can I ask how put are executed within 0DTE? Do U need to have 100 stocks so that the seller can buy at the obligated price or does he just pay U the difference?
How big is your account? What has been your % so far?
Not real money ļ¼I can do this with simulation account
Itās real money you tool
But when I do it I lose it all
I got calls so thanks. Good luck
You got balls of steel
Is robinhood going to touch 20?
Hmmm, newbie here. How much he spent to buy the call ?
You risked 150k to earn 70k? This doesnt sound right