Submitted by silverwind18 t3_1267jql in wallstreetbets
Comments
VisualMod t1_je7y7jf wrote
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| Total Submissions | 1 | First Seen In WSB | 2 years ago |
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VisualMod t1_je7y81q wrote
I agree that TQQQ is a good investment. I would recommend buying the $25 put option with 4/6 expiration.
ItsNotYourFault t1_je7ykvd wrote
Great job OP but please reply to this comment with a pic of the positions that got you those gains or ban.
braxhusky t1_je7yw8e wrote
Congrats and fuck you!
Also tell us how you did it so we can all bitch about the trades we missed.
silverwind18 OP t1_je7yz8i wrote
Short term plays, probably selling by this Friday
BaldeeBanks t1_je7zpzk wrote
Transfer it all to your bank account. Then transfer some funds back to your trading account. Make it feel real and not a digital number.
CartmanAndCartman t1_je80415 wrote
Nice.
iluvvivapuffs t1_je80zsc wrote
Well done
Middle_Name-Danger t1_je82udh wrote
I have TQQQ puts at $25.50 strike. Does this mean I’m not completely regarded?
WeSawTheVideo t1_je83tp9 wrote
Are you a financial advisor?
Astro_turff t1_je86vml wrote
Probably in the top 5 for pieces of advice I’ve seen on this sub. Seeing those digits inside your bank app is like post-nut clarity.
I also recommend buying something you’ve had on your wish-list for a while, something you’d never normally buy with your paycheque. Like I personally ended up buying a nice camera, after years of saying I’ve always wanted a “professional” camera.
Making those abstract numbers and graphs feel tangible will seriously save you (and your jaw from the late nights behind Wendy’s)
Middle_Name-Danger t1_je881sl wrote
Am I too stupid to see any gains there?
Conscious_Shoe_4886 t1_je88f0l wrote
The bot thinks he’s alive too and acts human
silverwind18 OP t1_je88qgb wrote
The economy will eventually get better since the world's largest exporter has lifted the Covid restriction at the beginning of this year. So the general strategy is to buy calls, and occasionally short if things are overbought/oversold. The market doesn't always react to the news immediately, so I just give it time and do options that are about two weeks long.
AoLFeaRxQ t1_je89p5y wrote
How long are people going to say China lifted covid restrictions? Its been a long time and allot of them factories never stoped
Dangus77 t1_je89s9a wrote
cash out, delete the app and never look back
[deleted] t1_je89t3h wrote
[deleted] t1_je89wic wrote
silverwind18 OP t1_je8a3uk wrote
Middle_Name-Danger t1_je8awm9 wrote
Beautiful. Why are you swing trading TQQQ? I’m not going to argue with the results, just trying to understand the reasoning.
silverwind18 OP t1_je8bkcl wrote
The Fed will not let the bank failure happen, so they will print, which will lead to a temporary boost to tech stocks. But looking at the weekly and monthly RSI, it's a bit high right now so I've decided to buy puts today.
EpicMilkmann t1_je8duui wrote
Please move the gains to a hysa.
Aggressive_Pear_5431 t1_je8g7p6 wrote
Special_Various t1_je8gl7i wrote
You know what date is on this coin? No. 1958. It's been traveling twenty-two years to get here. And now it's here. And it's either heads or tails. And you have to say. Call it.
[deleted] t1_je8hh19 wrote
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BJaysRock t1_je8hnhi wrote
I’m not as regarded as you.
Question about calls. Am I only able to lose the premium I pay to buy the calls. If I buy 1 at .10, then I can only lose the 100 x .10 or $10 right?
Diligent_Dish_426 t1_je8i6re wrote
Pretty sure those are wrinkles on your grey matter
Obelisk_810 t1_je8j0p8 wrote
Position ?
maroonmagic2 t1_je8jc5e wrote
Lopsided_Constant901 t1_je8kbfh wrote
Damn…. 3k to 30k thats amazing. I did 1k to 15k and felt amazing, hoping to get to this level soon and almost certainly cash out 20k for savings
dnaonurface12 t1_je8m2zx wrote
Exactly this. It’s akin to having Cheques or “chips” at the casino. Having 5 $100 bills in my hand vs one orange chip for sure changes my frame of thinking.
Lone_Wanderer2001 t1_je8o8wf wrote
Hopefully I can get there one day seems I just about lose more than I gain.
sh1tler t1_je8yr3r wrote
TQQQ is a good investment recommends buying puts, someone come take vmod home it’s drunk
throwingbugs t1_je8z9oi wrote
She will never get that far. $3k buying power. So presumably holding 29k in options a week out…. One trade away from quadrupling down on a losing bet and watching it go just as quickly as it came.
What’s the saying? First one’s free, or something like that.. Get out of the positions and cash out!!!
Chester-Ming t1_je9874d wrote
Trying to understand the reasoning for trades on WSB is like asking a regarded monkey why he eats his own shit.
NONVISCIDITY t1_je9a163 wrote
How much for the coin?
[deleted] t1_je9bjwy wrote
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[deleted] t1_je9d8ri wrote
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[deleted] t1_je9fbuo wrote
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f1rstcontact t1_je9g1f7 wrote
Wow I am really impressed. I also want to trade stocks, etf. Do you have a guide or recommendation for me?
denmarkgod2 t1_je9jnax wrote
RemindMe! 2 days
denmarkgod2 t1_je9jobu wrote
>RemindMe! 2 days
RemindMe! 2 days
RemindMeBot t1_je9jpn1 wrote
I will be messaging you in 2 days on 2023-04-01 12:21:16 UTC to remind you of this link
2 OTHERS CLICKED THIS LINK to send a PM to also be reminded and to reduce spam.
^(Parent commenter can ) ^(delete this message to hide from others.)
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[deleted] t1_je9krff wrote
[removed]
chev327fox t1_je9lvhu wrote
Positions?
brianleach11 t1_je9qk15 wrote
-Tech808 t1_je9sse2 wrote
ALL TIME CHART!!
ALL TIME CHART!!
ALL TIME CHART!!
ALL TIME CHART!!
Fit_Click_581 t1_je9tc1u wrote
Ayy_boi3 t1_je9u4t3 wrote
FYI fed didn’t print anything.
MegatronsJuice t1_je9ubr8 wrote
Op is now down 8k on this play. Did you sell yet?
Ram_0830 t1_je9x1sj wrote
This is great advice. Couldn’t have said it better.
thebranmuffn t1_je9z4av wrote
How are we looking on that all time though?
MischievousRabbit46 t1_je9zbo8 wrote
cash out 5k now.
Cheeky_Star t1_jea0w0m wrote
I did 500 to 12k. Cashed out 8k and gambled the rest away. Was actually angry for not taking more risk
pw7090 t1_jea13n1 wrote
Why doesn't it feel real when I transfer from my bank account?
pw7090 t1_jea179s wrote
So when you lose a ton, you should sell something that you cherish?
Bobzyouruncle t1_jea33d7 wrote
I thought you were supposed to keep gambling with it until it was gone and then go bankrupt when the IRS comes knockin'.
anus_camper t1_jea4ore wrote
whenever i go on these streaks I take out half, buy a nice dinner, a semi expensive thing i've wanted, and throw the rest in a high yield savings for taxes. Keeps you in touch with the actual value of money.
SeveredHand7 t1_jea9zry wrote
BlockchainBelievers t1_jeac7fj wrote
That's all it takes!
Don't worry though... you'll loose it back in no time and then some!
RegulateTheRegulator t1_jeaenj5 wrote
Anyone here wants to buy some #Boil calls at a discount?? 🫣
viyolentgains t1_jealamm wrote
I think we will see the market run up through earnings, which seem to be coming in stronger than expected. Afterwards puts may print. In any case: congrats and fuck you
Amateratzu t1_jeam1lp wrote
Pretty sure Robinhood is a mobile game
Middle_Name-Danger t1_jeanjgw wrote
Better to sell something someone else cherishes, like mom’s wedding ring or grandma’s house.
error401x t1_jeanq8z wrote
Looks just like mine, except for the green and also missing the down arrow..
atl_fun t1_jeaocak wrote
So you just bought calls and outs of the same symbol and waited to see?
atl_fun t1_jeaoqq5 wrote
How do I avoid that trap where I lose an infinite amount of money? Is it even lost if I don’t exercise by expiry?
twivel01 t1_jeaortx wrote
Keep going. I want to see the inverted chart too.
Whythehellnot_wecan t1_jeap7gy wrote
Unless you really really really lied to your broker you don’t have access to place those trades. Naked shorts.
nckw90 t1_jeaphot wrote
OP please gift me some luck too
Helpful_Persimmon_90 t1_jeaqepn wrote
Suck me sideways
Dosmastrify1 t1_jeaqh0q wrote
Can you flip my coins please
CompetitionDouble420 t1_jeaszpg wrote
u/silverwind18 Really dumb question: in order to exercise those puts, do you have to own the shares already?
I understand with call options, you have to have the capital to exercise your calls at your specified strike. So, is the opposite true for puts? Do you have to own the shares in order to exercise your puts at your strike?
Sorry-Business-1152 t1_jeavb0c wrote
Now that’s wsb
mr-jjj t1_jeax7oo wrote
Dick. Good work. You fucking pecker head.
zDxlyz t1_jeayn8e wrote
Stonks
silverwind18 OP t1_jeb07mf wrote
Yes, in order to exercise a put option, you must have the underlying shares available to sell at the strike price. This means that if you don't already own the shares, you would need to purchase them at the market price in order to exercise the put option.
Note that most options traders close out their positions before expiration rather than exercising them.
silverwind18 OP t1_jeb0cqq wrote
Not yet, still waiting until Friday to see how things turn out.
silverwind18 OP t1_jeb0s56 wrote
Yea basically swing trading
Life-Industry-1131 t1_jeb2pbs wrote
Ya I’d take out 25k
Establish far out positions with 70% of the funds, and continue coin flipping the rest.
Life-Industry-1131 t1_jeb2rwh wrote
I’ve made the mistake before on NOT taking out all my coin flips. Easy come, VERY easy go
Hack3rDr3w t1_jeb336z wrote
Zoom out 1yr
CompetitionDouble420 t1_jeb4153 wrote
Assuming their positions are ITM, correct?
Supermechs1 t1_jeb5dtx wrote
go all the way out
La_Mani t1_jeb72le wrote
Good advice if OP would listen
silverwind18 OP t1_jeb73ky wrote
CompetitionDouble420 t1_jeb7829 wrote
I appreciate the info!
La_Mani t1_jeb7e0d wrote
Cash out. Never trade for at least 3 months. If you want to hold on to those gains.
gregory601 t1_jeb7g17 wrote
For the flavor, of course.
gregory601 t1_jeb7pqw wrote
It's not gonna feel real if said bank crashes
gregory601 t1_jeb822j wrote
Wooden_Lobster_8247 t1_jebafus wrote
Still just a digital number in your bank account. To make it feel real transfer then withdraw cash and carry around a fannypack full of 100's for a day or two then deposit it back.
morningshiftatmcd t1_jebb21j wrote
Absolutely, what I started doing whenever I win (which is rare), is taking the winnings out in physical cash and then depositing it in my bank account, different kind of feeling
Jiganometry t1_jebccn3 wrote
Sounds like a Mark Douglas quote from his DVD you must have used the weighted coin 60/40 probability nice work!
Purple_Winner_2417 t1_jebe0ni wrote
That would def teach you trading discipline.
Delicious-Swimming78 t1_jebfaoc wrote
Still not real enough!! Make it even realer by stuffing it all in a briefcase and unloading that fat stash all over the floor of a late night strip cluubbbb!!!
aelq3 t1_jebgdmw wrote
Nice fuck you
BetaAlpha769 t1_jebh7vn wrote
Now put at least 20k in the bank and do it again.
Touch_My_Anoos t1_jebkfx6 wrote
Screenshots must be fake. Phone battery indicator is full.
But seriously, congrats and fuck you. Donwhat others have said and move it all to you actual bank account.
SmarS_the_Blind t1_jebm3p5 wrote
- When said Bank crashes.
Ill-Pin4936 t1_jebndhi wrote
Wish I saw this in 2020
StonkitToYa t1_jebnggi wrote
Sell whatever your gain is and put it in your bank account, reinvest with the same amount and hope for the same outcome. If you don’t have the same results at least you made a huge amount.
not_so_sober_joe t1_jebou48 wrote
Fuck you and congratulations!
ElfUppercut t1_jebqhdv wrote
Is this on level 2 of the game? I’m stuck at the anti-gain boss of level one…
La_Mani t1_jebrpfh wrote
Cash all out and run. Don't come back till after July
Such-Doughnut2128 t1_jebttnt wrote
Hahahaha #postnutclarity is definitely the name of my new band.
ChampagneWastedPanda t1_jebuln9 wrote
Take out for taxes
Silver_Ad_5873 t1_jebwjqd wrote
Whats even the point of warning him. We’ve all been there, we were all warned, and we all chose to not listen because “i am different, i wont lose it all like the others”. OP will become another one of us in a few weeks
Silver_Ad_5873 t1_jebx04n wrote
Only use 5 of the 15 to continue. Set aside 10k for savings now before gambling more. Remember you were only willing to use 1k when you started and now you have 15k extra.
topazeco2221 t1_jebxclr wrote
I’ve been on the other side of these coins
pyrooomaniac t1_jebxp4t wrote
This guy probably gets phone numbers the first try….
kenjiurada t1_jec29o6 wrote
Zoom out
willis_michaels t1_jec2lrd wrote
But then he'll have profit and have to pay tax. It's better to lose it all and get a tax break next year.
D1finalboss t1_jec4vgd wrote
and fiber
KarmaTheBrit t1_jec6kyd wrote
Show all time now 😉
BullyBumble t1_jec6p4t wrote
Weekly and monthly RSI? Tf?
You looking at 15m and hourly charts right?
KarmaTheBrit t1_jec7c3g wrote
Still waiting 😂
AdMaleficent2789 t1_jeccae3 wrote
When do earning come out?
RaisedByMonsters t1_jeceb9l wrote
What do I stand to gain?
krayzie8 t1_jecofqd wrote
How the fuck
EngimaticDepths t1_jed080s wrote
Right, you only lose what you pay for the options.
MasterInvaster t1_jedg9tj wrote
When I lose a ton, I also buy something that I've wanted to for awhile. It feels very cheap in comparison to the loss I just suffered, lol
im-in-the-matrix t1_jef57ht wrote
Fly past you dude 😂
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