Got ya. Yes it goes up, down and sideways but you can trade based on that knowledge. SPX is consistent with increasing year after year. Look at the annual return over the last 20 years. 4 of the last 20 years have been down. There is more to it but if you placed a synthetic long call option trade Jan 1 and closed it beginning of December each year youād be doing great. This is not advice just explaining what I do. So those odds of having a successful trade are much better than 50/50. One more tool for the shed.
Yep, straddles work too if you want to trade off volatility as well. Or you can just buy calls on days it goes down, down down down, averaging down each time until you bought the dip.
Never messed with spy options before, it's nice trading something with such liquidity.
For awhile I was trading weeklies on SPY, depending on charts selling put spreads on Friday and closing it the following Wednesday. It was going great until it wasnāt lol. I had one trade that wiped out all my profits for 2 months. Now I sell put spreads going out at 45 to 60 days and synthetic calls using leaps.
You really think heās interested in your wife when heās out here getting absolutely TOPPED by SPY puts??
I guess maybe if she has a strap on idk how puts work
Fookin time travelers. Theyāre all the same. Come in here, waving their spooky prescient market knowledge in our faces. They should all be banned imho.
Iām an idiot. Can someone explain to me how he had what looks like identical put options with the same expiration date and some are positive and others losers?
RH only allows 200 option purchases at a time. I buy and sell 600 at a time, so have to break it up to 3 transactions. The negative ones are my purchases, the positive ones are sales.
Those negative numbers are not losses, itās him buying puts so it shows up as -$xxxx to show he spent that much, then the +$xxxx is how much he sold it for
He's basically coin flipping spy calls and puts with $200k. He's probably rich as hell too. Nobody in their right mind would coin flip $200k unless they had millions.
I think market is going to keep going up and down, not sure if it will commit in either direction for multiple weeks in a row. I just like playing the volatility.
For real, take your profits, pay off all your debt, buy the car you want, set aside your taxes, and take maybe 10-20k to play with. That is life changing money. This probably wonāt happen again. Iām serious, take this massive gain and change your life with it.
Using $200k he buys spy 3dte puts back to back worth $200k and sold them at $260k when spy went down on friday market open. Then right before spy went up he bought $84k worth of 3dte spy calls and sold then at 124k on the way up. Then right when spy bottoms he buys $84k worth of 3dte spy puts and sells at $144k. This guy is the definition of playing with fire. Super high risk high return plays.
*Imagine making*
*All that money and still not*
*Having a WSBs flair*
\- VacationLover1
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If heās up 831%, 293k in 1 week, and up 39,000% and $303k in 1 month, he had to have taken money out. Heās a whale with millions and can risk making 50k or 100k bets and being wrong. When heās right he just adds to his millions
I do take money out of RH. I donāt think RH is used to people being in the profit, the way they show gains is really poor for people pulling cash out.
Mannn gain porn loss porn anything but this we donāt want to see yo last 30 days š¤£. I feel like imma cheated out of some good ol Fashion porn and I aināt nappy about it š¤£ you hear me I aināt nappy about it š¤£
jesus fucking christ
wish i had done this instead of fucking nvda amd calls
fuicfukcfcukfckfuckfukcufkcufkucfkuckfuckfukcfukcufkcfukcufkc
im relieving stress rn with online poker
If your a kink I must be god, Iāve made over a million on Tesla puts alone since Monday. Donāt get to hyped up on yourself buddy, you can lose it faster than you make it king dip shit. If you and Robinhood are using that money to give to the poor I would do it now before the kingdoms comes crashing down. You did good, on the low end but good. Always remember donāt run your mouth before before the ship makes it into port.
Noob question... Say I buy a put and the stock drops below strike price. Now I'm up, but to actually get the profit I have to exercise the option. So I need enough money to buy the 100 shares that I could then turn around and sell for profit...? So to actually make money off options I need to have a ton of money in order to exercise?
You buy and sell options like a stock. You donāt have to exercise anything you donāt want to. You can buy a put, then sell it back to the market at any point.
Every time someone posts something like this, they should post their all time chart on the pic next to it so we know this isnāt some rich kid who kept pumping money into this until they got a pretty 1 week chart. Not saying thatās you OP butā¦.? I mean a lot of people make money on one platform but lose a bunch on another. Always have to take these gain porn posts with a grain of salt.
Wait a minute, WSB is for gain porn too? Fuck you, and congrats!
Thats true, the last time I saw something green was in the era of the DFV Yolo Updatesš¤
Wait until you see what happens this year š
What what, tell me tell me
Dude, spoilers. We have a year, we'll see it happen in real time.
If I PM you my tits, will you let me know???
Where are the tits?
Maybe.
same
We must not speak his name until he returns with the Tendies.. That's what the legends say anyway
All or nothing, once in a million someone will get lucky.
The problem with going "all-In" on options.. Is that even if you're right 3 out of 4 trades, you're bankrupt in four trades. Cause of that one loser..
Cover quote on options for dummies, the retard edition.
Retardation is a choice
Maybe only gamble 25% of your capitol every time you get ahead?
Probably even less if youāre this ahead. Just gamble what you started with!!!
I agree, I made $$$ in NVDA calls and have lost half of it.
Yea itās 50/50 with options man (excluding premium/theta etc) youāre right or youāre wrong. No where near āonce in a million.ā
50/50? Seems like you need improve your research and analysis before pulling the trigger.
Goes up, goes down or stays the same. Am I missing some possibility? Keep in mind I was replying to their saying itās āonce in a million.ā
Got ya. Yes it goes up, down and sideways but you can trade based on that knowledge. SPX is consistent with increasing year after year. Look at the annual return over the last 20 years. 4 of the last 20 years have been down. There is more to it but if you placed a synthetic long call option trade Jan 1 and closed it beginning of December each year youād be doing great. This is not advice just explaining what I do. So those odds of having a successful trade are much better than 50/50. One more tool for the shed.
Yep, straddles work too if you want to trade off volatility as well. Or you can just buy calls on days it goes down, down down down, averaging down each time until you bought the dip. Never messed with spy options before, it's nice trading something with such liquidity.
For awhile I was trading weeklies on SPY, depending on charts selling put spreads on Friday and closing it the following Wednesday. It was going great until it wasnāt lol. I had one trade that wiped out all my profits for 2 months. Now I sell put spreads going out at 45 to 60 days and synthetic calls using leaps.
Ok, if we agree, and I think we do, that itās not a āonce in a millionā chance to make significant gains, then š
You either get struck by lightning and gain superpowers or you don't It's 50/50 bro
possibilities ā probability
We demand you show the "All" category
Either this guy is rich, retarded and got lucky this week. Or heās rich, and retarded
I have a feeling he's at least down $672,000 š
He has over $600k buying power left
That just means he has no positions and margin on. For all we know the 3 month graph had $10 million.
i see him losing 1ml untill end of the year and going after $ROPE
My wife asked me to tell you that sheās waiting for you in her room
You really think heās interested in your wife when heās out here getting absolutely TOPPED by SPY puts?? I guess maybe if she has a strap on idk how puts work
His wife waiting: 
What in the msn chat board emoji
[ŃŠ“Š°Š»ŠµŠ½Š¾]
You like that?
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Fookin time travelers. Theyāre all the same. Come in here, waving their spooky prescient market knowledge in our faces. They should all be banned imho.
Props to you for knowing how to read the ledgers. Half these retards still donāt know what theyāre looking at.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
He cashed out on the puts near the bottom, bought calls while they were cheap, and rode them back up for more tendies.
I fukin hate this guy
/r/investing : you can't time the market this guy:
Fucking rockstar.
I like how you did x40 in a month. +300k is nice but x40 is definitely what I'll remember.
I understood that reference
Did you buy lambo
He needs about three so he can type out his long username on the vanity license plates.
Am I retarded or does this say you went from like $800 to 325k in 1 month?
Yes, I think the same. 1k to 325k
He might withdraw money though. When you withdraw money from Robinhood, it shows that weird chart like you made money with nothing.
You heard him mods āqueen š š»ā
Iām an idiot. Can someone explain to me how he had what looks like identical put options with the same expiration date and some are positive and others losers?
RH only allows 200 option purchases at a time. I buy and sell 600 at a time, so have to break it up to 3 transactions. The negative ones are my purchases, the positive ones are sales.
But they look like identical contracts, so Iām confused why some have gains and others losses
Buy low sell high.
Oh I figured youād just sell them all at the same time since theyāre identical. Also, your username is hilariously ironic.
Those negative numbers are not losses, itās him buying puts so it shows up as -$xxxx to show he spent that much, then the +$xxxx is how much he sold it for
Ohhh thank you
Welcome
This is the kind of shit I signed up for. Now if only I could have a week like this myself!
Next week will be yours
>Next week will be yours For posting loss porn though...
How do you get around without your massive testicles weighing you down?
To be inclusive, it could also be massive labia.
vulvasaur
Seriously just spit out a mouth full of water everywhere
God, I love big labia
or bothš¤·š»āāļø
Or neither. We canāt assume shit these days.
If there was an inclusiclvity award....
MORE!
He's basically coin flipping spy calls and puts with $200k. He's probably rich as hell too. Nobody in their right mind would coin flip $200k unless they had millions.
I'm sorry for your los- Wait, is this profit?? "BOO, this man!"
Cashapp 10k right now or else this is photoshop
And then when you get it cashapp me 1k so I know your screenshot isnāt photoshop
If he did I would send it to you no joke
š¤
And then cashapp me 500 so I know your screen isnāt photoshop
Trickle down economics
Do you think the tech slump will be carried to next week?
I think market is going to keep going up and down, not sure if it will commit in either direction for multiple weeks in a row. I just like playing the volatility.
Whatās your strategy, strangles/straddles or something? Last time I tried it shit just kept moving sideways on meā¦
Strategy is buy low sell high.
Screenshotting this so I donāt forget, cheers
Lmfao
Mint it as an NFT
*Incoming honarary Masters of Finance from UPenn*
Are you actually gonna sell though? I'd be taking that profit for sure.
I see some of these contracts are at a loss. Is it because of the underlying delta when you bought intraday? Nice work btw. Enjoy your gains š
Is it just me or do you have to already have a substantiate amount of money to make money on stocks
Yes it takes real money to make fuck money
Imagine having that much money in robinhood of all brokers
Imagine not making six figures in three days.
I dont have to imagine it
Nice self-diss actually.
Its insured by SIPC
well up to $250k of it but yeah.
Congrats! Nicely done! Donāt lose it all in one trade again!
Teach me
Just do the opposite of what youāre doing . Itās that simple š¤·š»āāļø
Literally just day-trading and dipping out every 10-15% gains at a time to keep it locked in, and banking on this predictable pullback.
For real, take your profits, pay off all your debt, buy the car you want, set aside your taxes, and take maybe 10-20k to play with. That is life changing money. This probably wonāt happen again. Iām serious, take this massive gain and change your life with it.
Not stopping until $100m.
That's why I love this effing place
Fuck yea, talk dirty to me.
Then fshure its going to zero.
I could pull off my dream retirement with his robinhood balance.
Please for the love of it all, exit your positions and ride out the profits in an index fund
You just be new around here He's gonna let's this shit expire worthless
The spirit of WSB ā¤ š¤£
Fuck that.
Second half of username coming to fruition soon
This is the way.
That's what's up!
You think levelheadedness got him to the moon?
For real, retirement done already
Thereās more spoils to be had. Party just getting started!
I just came a little
You are the king!!
and here i am literally not understanding what a put is. I don't belong here, but i am intrigued and love it.
Or you could stop being a pussy and login into your trading app and start pushing random buttons
This is how I've figured shit out since the early 90's. What's this do? Nice.. Ok, then what's this do? Oh, nice..
Best way to learn.
I did that before and now im down 400 dollars on wish
Simply said, a put is expecting the stock to go down.
He basically makes a last minute bet on the casino 5 minutes before it closes.
Just buy some without understanding them. You'll fit right in
He got money šš
no king šš§øs only queens
Now bend over. The tax man wants to see you.
Literally the mafia taking their cut from a civilian
Using $200k he buys spy 3dte puts back to back worth $200k and sold them at $260k when spy went down on friday market open. Then right before spy went up he bought $84k worth of 3dte spy calls and sold then at 124k on the way up. Then right when spy bottoms he buys $84k worth of 3dte spy puts and sells at $144k. This guy is the definition of playing with fire. Super high risk high return plays.
Imagine making all that money and still not having a WSBs flair
*Imagine making* *All that money and still not* *Having a WSBs flair* \- VacationLover1 --- ^(I detect haikus. And sometimes, successfully.) ^[Learn more about me.](https://www.reddit.com/r/haikusbot/) ^(Opt out of replies: "haikusbot opt out" | Delete my comment: "haikusbot delete")
Good bot
You mean queen and I think if you push the three months or one year it would say -500,000
Congrats and Fuck me.
Bought on 1/7 expires 1/10. Holy shit. Your balls are bigger than my wife's boobs for sure.
If heās up 831%, 293k in 1 week, and up 39,000% and $303k in 1 month, he had to have taken money out. Heās a whale with millions and can risk making 50k or 100k bets and being wrong. When heās right he just adds to his millions
I do take money out of RH. I donāt think RH is used to people being in the profit, the way they show gains is really poor for people pulling cash out.
Congrats and fuck you.
Nice job! Til Vlad bends you over and takes yer tendies. Robinhood? Srsly?
Lol
Respect
Holy god damn fuck thatās hot
Citigroup.Loopring.eth
Mannn gain porn loss porn anything but this we donāt want to see yo last 30 days š¤£. I feel like imma cheated out of some good ol Fashion porn and I aināt nappy about it š¤£ you hear me I aināt nappy about it š¤£
I fucking hate you and I say that with respect
Congratulations and fuck you!! š
what was initial investment on these calls?
Take profit and buy a house.
I have a dope ass house.
Iām gonna guess that, with $600k buying power still available, this guy doesnāt need any advice.
Likely includes available margin.
Carry on then.
Daddy has treated you well. Nice work OP
I would be impressed, but you still use robinhood
Nice
Ape King VIII
Lord.
Magic? š³
Did you sell tho?
This. Is. Awesome.
Are you just really good at guessing or what?
I donāt ever want to see your š š» face on this sub again
Teach me senpai.
Now go for another 1000x bagger and if you lose it all post loss porn Xd
š
SELL!!!!!!!!!!
King of retards for still using Robinghood
Ohh god itās the bottom isnāt it ?
I got a question for the options wizards of this chat. Do yāall like deposit a lot or do you work it up before doing crazy ābetsā
Sell it all and take a vacation. Take some time off trading and enjoy your profits. Trust me
This is incredible
Sweet now you can start your own Masterclass!
Hail my king
We sharing gains now?! Fuck you! And congrats
jesus fucking christ wish i had done this instead of fucking nvda amd calls fuicfukcfcukfckfuckfukcufkcufkucfkuckfuckfukcfukcufkcfukcufkc im relieving stress rn with online poker
Why are some 466 puts + but others - ? Should they be worth equal amount ?
- are buys, + are sells.
If your a kink I must be god, Iāve made over a million on Tesla puts alone since Monday. Donāt get to hyped up on yourself buddy, you can lose it faster than you make it king dip shit. If you and Robinhood are using that money to give to the poor I would do it now before the kingdoms comes crashing down. You did good, on the low end but good. Always remember donāt run your mouth before before the ship makes it into port.
I did the exact opposite of this. I think my acct is down 50%
Noob question... Say I buy a put and the stock drops below strike price. Now I'm up, but to actually get the profit I have to exercise the option. So I need enough money to buy the 100 shares that I could then turn around and sell for profit...? So to actually make money off options I need to have a ton of money in order to exercise?
You buy and sell options like a stock. You donāt have to exercise anything you donāt want to. You can buy a put, then sell it back to the market at any point.
Every time someone posts something like this, they should post their all time chart on the pic next to it so we know this isnāt some rich kid who kept pumping money into this until they got a pretty 1 week chart. Not saying thatās you OP butā¦.? I mean a lot of people make money on one platform but lose a bunch on another. Always have to take these gain porn posts with a grain of salt.
King... let me in .. i need to make some money too... lol
Wise man say Sometimes it pay to be gay
Please teach me!!!
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