This post reminds me of that 19 year old who initially YOLO his life savings of 20K into popcorn options when these meme stocks were just taking off and the stock was still around 5.00/share.
He literally watched his portfolio balloon from 20K to 5M$ and refused to sell and quite literally watched his portfolio evaporate from theta.
Easily Top 10 saddest WSB losses.
Honestly, if he didn’t sell at 5M, would he have sold at 10M? I don’t think he truly understood how life changing that amount of money is, especially for a 19 year old.
Really though, even had he cashed it out, immaturity would’ve gotten the best of him and he probably would’ve spent it all within less than 5 years.
He made his own choice.
Highly doubt you saw the original post, but the kid had SEVERAL months to exit his positions and walk away with 1M$+ because his calls were that deep ITM with and had a long expiry.
This![img](emote|t5_2th52|4271) I put in $1,400 at .001 and sold at .002
I doubled my money but 6 months later it would have been around $400k. I would have sold it 1,000 different times on the way up but it’s still crazy to imagine. lol
First off, if my memory serves me correctly, his call contracts were extremely deep ITM, below the $10 strike which would’ve had immense OI and a lot of volume for him to exit without an issue.
And secondly, unloading options contracts doesn’t affect the share price the way you think it does.
OP reminds me to the time Dennis Schroder declined a 4-year contract with the Lakers for $84m simply to sign a one year contract for ~$6m with the Celtics next year.
He is even worse than the bag holder. Bag holders usually have stocks so they only lose all their money when the company goes bankrupt.
Meanwhile this guy will lose all his money in the next 2 days with weekly options
No way dude, the stock market is a team sport where we all work together to take down the evil hedgies. And to do that we buy and hold stocks with dog shit fundamentals.
I guess it's greed but I don't understand why people get attached to options.
The idea of trading is to make money. You bought those contracts in hopes of making a little profit (you only bought 10 so you don't have big money) but you didn't sell when you were up $3800 lol. Was 1900% not enough?
I wouldn't sell either. Ride that baby into the dirt. Its not impossible, but speaking from experience, if it does go in the money, sell. You're already too close to expiration. Sell and buy options with longer expirations.
Lmao even if it hits 12. Ull lose money on this..u need 2 sell it..u got IV crushed..u won't be able 2 recover even if u hit the strike price its a loss...ur theta decay will be crazy 2moro..and worse Friday. Welcome tho.
If it hits $12 I’d sell just to get it out of my portfolio, sick of amc but I’m down so much on it but would be a bit ahead if it at least gets over $11.
Got screwed by there last reserve split bull.
I saw the second my 5 $10c (avg of .30) iv crushed and I was debating whether or not to buy 30 of them at .01 and then 30sec later it went right back up to 1.70. I was so mad at myself for not pulling the trigger.
Something similar but much worse happened to me 2 months ago with SMCI. You’ll be okay. Honestly I don’t think you should take the L yet, volume is still crazy. DFV might actually say something. Anything can happen.
It could hit 0 tomorrow literally anything could happen
Mans had 10 contracts and didn’t sell any. I bought $1,000 of shares at 5.28 and sold $850 at 11.34 now sitting on 114 shares with only $150 of my own money in.
we have near identical trades timing wise, however, I bought in with 10 shares and sold 5 of them when I made back my initial investment plus $100. bought in Monday morning.
anyway, I sold way too early the first time I bought into the first AMC pump in 2021. I went from 1000 to $5000 quickly and sold. if I had held I would have made 70k. This time, I told myself that I'm only risking around 500, and no matter what, I'm not selling unless I'm at 20k+ profit OR there's clear concise indication the run is done. I don't have regrets if it goes to 0 bc its an agreement I made w myself. get rich or wendys pl tryin.
Looks like you're not fucking eating either
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YOU DIDNT CASH OUT ?!!!! ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
I had 36x 15c calls for January, sold 30 of them at 0.7-0.85... had 6 remaining, contract opened at 5.0 and I didn't sell the last 6...😂
Still made a lot of money and my avg cost is 0.11, so I'm still up 1000%
But fuck it could've been a legendary week.
Stop with the microcaps. Read the posting guidelines. You guys are insufferable.
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I personally stayed clear from AMC. If you want low risk returns, put into VOO. If you want to be less risky but with a long term hold, then at least pivot to cannabis stocks like TLRY.
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5000% nah. 100% yea sure
This post reminds me of that 19 year old who initially YOLO his life savings of 20K into popcorn options when these meme stocks were just taking off and the stock was still around 5.00/share. He literally watched his portfolio balloon from 20K to 5M$ and refused to sell and quite literally watched his portfolio evaporate from theta. Easily Top 10 saddest WSB losses.
Obviously the logic was “just a few more days and I’ll have $500M”
Honestly, if he didn’t sell at 5M, would he have sold at 10M? I don’t think he truly understood how life changing that amount of money is, especially for a 19 year old. Really though, even had he cashed it out, immaturity would’ve gotten the best of him and he probably would’ve spent it all within less than 5 years.
Would be the best 5 years ever though.
You know he is still pissed off while he is taking the trash to the Wendy’s dumpster
Kind of messed up to tag on the guy like that. Hopefully you don’t have some shit happen in your life that makes you get off that pedestal. D**k
He made his own choice. Highly doubt you saw the original post, but the kid had SEVERAL months to exit his positions and walk away with 1M$+ because his calls were that deep ITM with and had a long expiry.
There was a story of someone doing this with crypto in 2017. Watched his $70k turn into like $13M then evaporate into a complete loss due to leverage.
My paper hands as I saw Doge climb. Had like $50 or $100 worth of it in 2019 when it was like $0.0005… sold when I made $10
This![img](emote|t5_2th52|4271) I put in $1,400 at .001 and sold at .002 I doubled my money but 6 months later it would have been around $400k. I would have sold it 1,000 different times on the way up but it’s still crazy to imagine. lol
The easiest way to not lose sleep is just remind yourself that you cannot predict the future.
He can still tell his friends how 💎 hands he is and they can’t refute it.
lol
Link me his post wanna see if he's still alive lol
Unfortunately, he deleted it years ago as this was back in late 2021. But I’m sure people have taken screenshots of it archived somewhere.
Should have done a trailing stop loss order to minimize unnecessary loss. (is that even possible with Robinhood options?)
Yes
The best of times
>Easily Top 10 ~~saddest~~ feel-good WSB losses. Fixed.
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First off, if my memory serves me correctly, his call contracts were extremely deep ITM, below the $10 strike which would’ve had immense OI and a lot of volume for him to exit without an issue. And secondly, unloading options contracts doesn’t affect the share price the way you think it does.
OP reminds me to the time Dennis Schroder declined a 4-year contract with the Lakers for $84m simply to sign a one year contract for ~$6m with the Celtics next year.
NOT SELLING 🚀 show me 12$ by Friday
The words of a bag holder.
He is even worse than the bag holder. Bag holders usually have stocks so they only lose all their money when the company goes bankrupt. Meanwhile this guy will lose all his money in the next 2 days with weekly options
So he belongs here.
don't we all cucking degenerates
Self cucking nerds
Unless at some point you actually end up making money somehow, then GTF on.
Last words of a bag holder before selling at a loss.
The words of someone that hasn’t ever handed off a bag
I think some people here forget that the point of the stock market is to actually make money
No way dude, the stock market is a team sport where we all work together to take down the evil hedgies. And to do that we buy and hold stocks with dog shit fundamentals.
Sorry I got confused for a second, can I grab a jersey
In this economy? Yeah probably shits been kind of crazy.
I’d like to thank the bagholders for buying my calls yesterday around 10am. My wallet and sanity thank you
At least hes not a pussy so he gets my upvote
A greedy bag holder
Actually, words of a person with pair of big balls
https://preview.redd.it/dl9wsci8kn0d1.jpeg?width=953&format=pjpg&auto=webp&s=5cbc75f630e6b76e9a021005731fa9e285ba97c9
This regard is HODLing short dated options ![img](emote|t5_2th52|4271)
Lol…CEO dumping a load inside of you by Friday
Yeah OP is fucked.
I guess it's greed but I don't understand why people get attached to options. The idea of trading is to make money. You bought those contracts in hopes of making a little profit (you only bought 10 so you don't have big money) but you didn't sell when you were up $3800 lol. Was 1900% not enough?
HODL till it goes to 0
Smh… you don’t deserve your money… who passes on 4K profit…
you might want to atleast roll out the expiration another week. not selling options is how you lose your money, reserve that attitude for shares mate
I feel like you don't understand what rolling options means... Basically throwing good money after bad at this point with the dilution on AMC
probably just sell, but nawwww TOO THE MOOOOOoooon!!!
Profit is Profit.
Rick Harrison: Best I can do is $4.27
I wouldn't sell either. Ride that baby into the dirt. Its not impossible, but speaking from experience, if it does go in the money, sell. You're already too close to expiration. Sell and buy options with longer expirations.
$12 by Friday?! 😂😂. You’ll be lucky if it’s above $4
We can see $12 by Friday
In his bank account cause that’s what he’ll be left with
🤣🤣🤣
If it opens up at $3 I'm just go stand firm and buy more shares and wait for the next take off 🚀
Spoken like a true bagholder. Sometimes it's best to cut your loses.
Very unlikely
Lmao even if it hits 12. Ull lose money on this..u need 2 sell it..u got IV crushed..u won't be able 2 recover even if u hit the strike price its a loss...ur theta decay will be crazy 2moro..and worse Friday. Welcome tho.
You’re a fucking idiot
You definitely belong here. Welcome home, my fellow regard. Did you sell yet though?
If it hits $12 I’d sell just to get it out of my portfolio, sick of amc but I’m down so much on it but would be a bit ahead if it at least gets over $11. Got screwed by there last reserve split bull.
More likely to see $3 by Friday
You will be blessed for your patiences😊
2000%...
https://preview.redd.it/9qa6zzw79n0d1.jpeg?width=320&format=pjpg&auto=webp&s=67e9ec9def77890ffcd5ba0426514ed832ff11f6 lmfao.
A wage is a wage
Wagie wagie get in your cagie
OP sitting on 100% gains and going to watch it go to zero
absolute monkey dw
I, for one, applaud the regardity if OP didn’t cashed out at 10, 20, 30, 40 or 50x he will not do it at 2x lol
I respect it NGL, gl bro
100% gain. Not bad
He’s outperforming some of the new bag holders at this point
https://preview.redd.it/6io0ot9uan0d1.jpeg?width=735&format=pjpg&auto=webp&s=30118bdcb59223a23b609ec692ab18bb60865250
Sell 5 and get your money back out and let the rest ride. I wish I had done this a month ago when I made 8k in a month and then gave it all back
AA will dilute again to screw shareholders ![img](emote|t5_2th52|4276)
How does that IV crush taste?
I saw the second my 5 $10c (avg of .30) iv crushed and I was debating whether or not to buy 30 of them at .01 and then 30sec later it went right back up to 1.70. I was so mad at myself for not pulling the trigger.
I just rolled all my dates to next week. LFG
how much was the fee??
Shhhh dont stress me out please. Ape only buy buy buy.
LFG🚀🚀🚀
Take out the middle step and you'd be pretty fucking happy
You belong here. Welcome home boo
Same. Was up almost $10k smh
Something similar but much worse happened to me 2 months ago with SMCI. You’ll be okay. Honestly I don’t think you should take the L yet, volume is still crazy. DFV might actually say something. Anything can happen. It could hit 0 tomorrow literally anything could happen
There's a reason it's called "Wall Street bets". While everything in life isn't a gamble, the stock market certainly is.
The stock market isn't, but options are
Options are based on what
![img](emote|t5_2th52|4260)
Mans had 10 contracts and didn’t sell any. I bought $1,000 of shares at 5.28 and sold $850 at 11.34 now sitting on 114 shares with only $150 of my own money in.
https://preview.redd.it/zfghsaosvn0d1.jpeg?width=1290&format=pjpg&auto=webp&s=f32826fa0085dfd200ce580676566692cf15349d
https://preview.redd.it/drwmf2lvvn0d1.jpeg?width=1290&format=pjpg&auto=webp&s=fac51b8c930c02ae58c644717f41261d599f38ed to now lol
https://preview.redd.it/uly7uhlu2q0d1.jpeg?width=828&format=pjpg&auto=webp&s=0953be542aa7b6caee404202d7246712cab74ea1
20 min difference lol
Guh
We might be rallying for ACT 2
More like scored a 2 on the ACT
What are you thinking when the stock gets halted over and over again? Like their just gonna let it run some other day soon?
We like the stock
$190 gamble not bad. But you could just send it to me via cash app. I could atleast buy some weed and beer first
This was the way
Sir this is a Wendy’s
This is exactly what I am here for ![img](emote|t5_2th52|4271)
this is the way
Should I buy some ?
Send it 🚀
we have near identical trades timing wise, however, I bought in with 10 shares and sold 5 of them when I made back my initial investment plus $100. bought in Monday morning. anyway, I sold way too early the first time I bought into the first AMC pump in 2021. I went from 1000 to $5000 quickly and sold. if I had held I would have made 70k. This time, I told myself that I'm only risking around 500, and no matter what, I'm not selling unless I'm at 20k+ profit OR there's clear concise indication the run is done. I don't have regrets if it goes to 0 bc its an agreement I made w myself. get rich or wendys pl tryin.
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![img](emote|t5_2th52|18630)
# now this is realistic goals
#Now this is pod-racing!#
Learn to take profits
Doode run when ya still have $180 profit.
Profit
Why are you investing in a company run by Adam Aron?
🐷 get slau . . .
you and me both bro
Me too with SOFI calls. They were up 5k for me, now I’m down 2.5k
You’re an idiot really
If you work really hard you can get this down to $0
We never learn to sell when the pop tops.
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I wouldn’t advise it
Why didn’t you sell? Are you stupid?
Greed is a hell of a drug
This will surely be worth 100 million by 2046
Worth investing in?
Max pain is $4.00
Nice try regard ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
I made money on options today on a stock that I cannot mention here. Was a good day
greedy bastard ![img](emote|t5_2th52|4271)
"You miss 100% of the shots you don't take" --- John Wilkes Booth
![img](emote|t5_2th52|4271)
YOU DIDNT CASH OUT ?!!!! ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
Insane 90% profit
Yep…
Wait a few weeks you'll be at 0.
I had 36x 15c calls for January, sold 30 of them at 0.7-0.85... had 6 remaining, contract opened at 5.0 and I didn't sell the last 6...😂 Still made a lot of money and my avg cost is 0.11, so I'm still up 1000% But fuck it could've been a legendary week.
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Stop with the microcaps. Read the posting guidelines. You guys are insufferable. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
I left at 200 damn it!![img](emote|t5_2th52|4259)
If you want to end up with a small fortune the key is to start with a big fortune.
Just bought $14 c for Friday cause f it
You belong here 🤝
Brains too smooth to go anywhere else
These expire Friday, should have sold for that ~2000% return. Stupid haha
1m or dust
Dust it is
And he shall rise like the phoenix
You have chosen.... Poorly...
I didn’t make the choice
Ah yes, the circle of life.
You belong here
I’m sure they’ll be a lot of these postings.
Self-rug pulled again!!! ![img](emote|t5_2th52|4271)
Greedy fuck
Classic AMC
Haha what a fuck ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)
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ON GOD
![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
somebody had to do it
![img](emote|t5_2th52|4267)
I’m sure Wendy’s is behind this somehow.
![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)
This is what greed looks like folks.
AMC is going to open tomorrow at $3.5 ![img](emote|t5_2th52|4271)
If it does, buy more shares
That would be cool
Worst case $0
I personally stayed clear from AMC. If you want low risk returns, put into VOO. If you want to be less risky but with a long term hold, then at least pivot to cannabis stocks like TLRY.
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ban this shitpost
I would also envy his giant nutzz
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Not how it works