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Just sold an INSANE amount of NVDA/TSLA puts expiring tomorrow
Poast new message in this thread
Date: September 14th, 2023 4:20 PM Author: adventurous field lettuce LJL yolo i guess, almost everything is 2% under where it closed today so im good unless market be shit tomorrow but ljl it prob will cause im gay... got $1,116 in premiums off this
Symbol Date Strike Price Diff Prem # TSLA 15-Sep 270 276.04 2.2% 0.93 2 TSLA 15-Sep 267.5 276.04 3.1% 0.55 2 TSLA 15-Sep 270 276.04 2.2% 0.94 3 TSLA 15-Sep 270 276.04 2.2% 0.92 2 NVDA 15-Sep 445 455.81 2.4% 0.80 2 NVDA 15-Sep 447.5 455.81 1.8% 1.22 2 |
Date: September 14th, 2023 4:21 PM Author: flatulent boyish locale is this just straight up gambling? (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46797690) |
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Date: September 14th, 2023 4:29 PM Author: henna insanely creepy tanning salon keepsake machete https://www.wsj.com/finance/stocks/options-individual-investors-risk-gambling-a97bee1a
Amateurs Pile Into 24-Hour Options: ‘It’s Just Gambling’ Rookie speculators try to strike it big on short-term investments that often act like lottery tickets
Lucas Sommer woke up around the time the stock market opened and, still bleary-eyed, opened his app.
He had a hunch it would be a good day for stocks, so he scooped up some options contracts that would profit if the tech-heavy Nasdaq Composite Index rose that day.
By the time he was toweling off from a shower, though, the market had ticked down and his options had taken a big hit. “That’s a $1,000 shower,” he recalled thinking. Soon after, the options he bought for $3,000 were worth $80.
Sommer, a 38-year-old digital-advertising entrepreneur in Portland, Ore., is one of the many amateur investors who have moved beyond the meme stocks that turbocharged markets in recent years to even riskier financial instruments that often act more like scratch-off lottery tickets.
Trading is booming in options that expire in as little as a day, or sometimes just hours. For a small upfront fee, investors get the chance for a big payout almost immediately. The downside, as with the lottery, is getting back zero.
Options enable traders to leverage their bets on individual stocks. They get the right, though not the obligation, to buy or sell shares at a set price by a stated date.
Not long ago, options trading was seen as best left to professionals with access to sophisticated trading tools and data. Now, a new generation of rookie speculators have been trying to strike it big betting on short-term options.
Shorter-dated options, expiring in five or fewer days, accounted for about half of all options-market activity as of August, according data provider SpotGamma, up from around one-third three years ago. Individual investors made up 27% of all activity in options as of June, up from 23% at the start of 2020, according to Bloomberg Intelligence. For popular one-day options tied to the broad S&P 500 index, individual investors made up around one-third of all trades, according to exchange-operator .
A study by finance experts at the London Business School estimated that most individual options traders lose money. Between November 2019 and June 2021, such investors notched losses of some $2.1 billion, with the hits concentrated in shorter-dated trades, the study concluded.
“We should stop pretending that’s what’s going on is investing,” said Benjamin Edwards, a professor at the University of Nevada in Las Vegas who has studied securities law. “It’s just gambling.”
Investment professionals have been closely tracking the activity of the rookie traders. Some pros say that wild options activity at the start of the pandemic contributed to mammoth one-day stock moves. Many also pointed to soaring options activity as a driver of the sharp swings in recent years in the shares of carmaker and meme stocks such as and .
“It’s a really big revolution for the market in the U.S.,” said Julien Stouff, founder of Geneva-based investment firm Stouff Capital, who regularly trades the options. “At one point, it will be dangerous.” The boom in trading, he said, has helped suppress stock-market volatility at times this year, but also could make any turbulence worse, leading to a deeper market swoon.
Chicago-based Cboe, the largest options exchange, has said such concerns are overblown, and that trading activity in S&P 500 options isn’t affecting the broader markets.
Gains in the stock market this year have fueled interest among individual investors in options, which can enable them to make short-term, high-return bets on stocks continuing to climb. Stock-price movements can cause options values to rise or fall much faster than the values of the stocks themselves. Trades that expire the same day can offer the fattest rewards—and carry the biggest risks.
Shorter-dated options bets have become so popular they have their own nickname, 0DTE, shorthand for zero days to expiration. Already this year, there have been tens of thousands of mentions of the hashtag #0DTE across Twitter, YouTube and Instagram, and a litany of online communities on Reddit, according to analytics company Hootsuite. A few years ago, there were hardly any such mentions.
Overall options activity has smashed records in each of the past three years. About 44 million options contracts have changed hands each day so far this year, on average, an 8% bump from last year and more than double the figure in 2018, according to figures from Options Clearing Corp.
The activity got especially heated in 2022, when one-day contracts tied to the S&P 500 and Nasdaq-100 indexes took off. Traders have spent more than $1 trillion on options bets tied to the S&P 500 this year, according to Cboe. This year, around 40% of all activity expired the same day.
Kyle Klett, 31, said he has made some painful trades over the past two years, including a string of mistimed one-day options that cost him tens of thousands of dollars. Still, he said, the big wins have enticed him to keep trading.
In late June, during a stint in Las Vegas playing in the World Series of Poker, Klett said, he scooped up more than 300 contracts that would pay off if the S&P 500 index rallied by the next day. After he spent a sleepless night checking the futures market for clues on what would happen in the morning, he said, the S&P 500 rose 1.2% and he made $71,000.
He celebrated the big win—and his birthday—by playing roulette and slot machines while hopping from casino to casino on the Las Vegas Strip. “I lost $25,000 in poker but smoked the market,” he said.
Klett said he places around eight options trades a day, and typically doesn’t hold them for more than seconds or minutes. He has ramped up his activity since losing his job earlier this year, he said, and hopes to make enough trading to buy a million-dollar home.
He said he has clawed back his prior losses and has made more than $100,000 on his one-day options trading. “I’m just exceptionally great at it,” he said.
Wall Street firms profit on such trading. So-called bid-ask spreads—the difference between buy and sell prices in the open market—are much wider for options than for stocks. Professional trading firms such as Citadel Securities and Susquehanna International Group that buy and sell such options to investors pocket some of that difference.
At times, options volumes surpass activity in the stocks themselves. Brokerages made more than $2 billion from selling options orders last year, more than double what they made from stock orders, according to Bloomberg Intelligence data.
Sommer, the Oregon entrepreneur, said he has been trading options regularly since 2018. He has experienced exhilarating highs and painful losses, he said, and has had more than one conversation with his wife about big money-losing trades.
“I’ve been addicted to this options stuff for quite some time,” he said. “You get hooked.”
He does most of his options trading on Robinhood, in what he considers his “gambling account,” he said. “You now have the power to gamble in your pocket,” he said, comparing the market to a casino. His long-term investments are with another brokerage.
He estimated that he lost thousands in the Robinhood account in 2022 and is roughly even this year. In December, he said, the account dropped from about $8,000 to zero because of some ill-timed trades. He had bet that the stock market’s nascent rebound would falter, but stocks kept rising.
Before that, he bet big on mortgage company Rocket, buying bullish call options tied to the stock day after day in an effort to turn thousands of dollars into a million. He made about $12,000, only to quickly lose most of it. He poured even more money into shorter-dated options tied to the Nasdaq in an effort to recoup the money. Instead, he lost it all.
“You hit black, double down, black, double down, black, double down,” Sommer said. Then, “red, you’re at zero.”
The losses pushed him to alter his strategy, taking a more calculated approach and often using options to protect his stock positions rather than to just roll the dice. Now, he regularly shares his lessons, wins and losses with a group of other investors on the gaming platform Discord. “If you get it right, the upside is unlimited,” he said.
Write to Gunjan Banerji at gunjan.banerji@wsj.com |
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Date: September 14th, 2023 4:43 PM Author: crusty out-of-control church tank (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46797782) |
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Date: September 14th, 2023 5:03 PM Author: adventurous field lettuce rofl thats buying options which is risky as furk, im selling cash secured puts adn covered calls, totally diff (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46797859) |
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Date: September 14th, 2023 4:31 PM Author: adventurous field lettuce no its basically just that market wont tank tomorrow, im good nigga (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46797740) |
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Date: September 14th, 2023 4:35 PM Author: Contagious range shorting options isn't as gambly as long options but you can still do stupid stuff with them (e.g. TT earlier this year with covered calls on QQQ). (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46797758) |
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Date: September 14th, 2023 4:38 PM Author: adventurous field lettuce these are cash secured PUTS, faggot (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46797767) |
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Date: September 14th, 2023 4:40 PM Author: Contagious range ...and eventually you get assigned and NVDA drops another 40%. (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46797773) |
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Date: September 14th, 2023 4:46 PM Author: adventurous field lettuce dat wld be veddy veddy bad (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46797797) |
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Date: September 14th, 2023 4:59 PM Author: Contagious range its just the opposite of what you did with QQQ. (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46797841) |
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Date: September 14th, 2023 5:20 PM Author: adventurous field lettuce nigga, just have to maek it for one day (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46797911) |
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Date: September 15th, 2023 11:50 AM Author: Contagious range looks like a no. (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46800677) |
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Date: September 14th, 2023 4:21 PM Author: idiotic dashing stead wow you can live like a KING off $1,116 in mindanao for 6 years (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46797691) |
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Date: September 14th, 2023 4:32 PM Author: adventurous field lettuce nigga that is like over 50k for a year im rich, but that doesnt include all the shit i made off QQQ premiums every week, they trade every day
if i just bought NVDA/TSLA on say mondays the premiums wld be much higher
so far im making 2k a week doing this, and its been 8 weeks in |
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Date: September 14th, 2023 4:22 PM Author: adventurous field lettuce furk this gambling with 421k to get 1.116k premium
im gay |
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Date: September 15th, 2023 1:16 PM Author: Avocado brunch The fact that you were gambling 420x what you expected to win didn't immediately tell you it was a stupid thing to do?
The options you sold were definitely underpriced. Go look at the last 420 days and see how many individual days had moves greater than the delta between strike price and market price when you sold the options. These options were priced as if a move of that magnitude was a black swan event but I bet there are MANY SUCH MOVES over that period. |
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Date: September 15th, 2023 3:25 PM Author: adventurous field lettuce im retarded (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46801453) |
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Date: September 14th, 2023 4:43 PM Author: Flirting base flying pretty close to the sun here. you have the cash to cover all these if the market swings tomorrow? (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46797785) |
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Date: September 14th, 2023 4:46 PM Author: adventurous field lettuce yes nigga its like 420k, its all secured
if it hit then inshallah on mon it goes back up above strike price and i profit |
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Date: September 14th, 2023 5:21 PM Author: Swashbuckling Den Idiot nothing could go wrong, free money hack (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46797918) |
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Date: September 14th, 2023 5:26 PM Author: adventurous field lettuce i just need market not to tank tomorrow and im good, nigga
free money |
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Date: September 15th, 2023 11:48 AM Author: violet incel Im sorry friend (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46800670) |
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Date: September 15th, 2023 11:23 AM Author: Flirting base ruh roh Tommy about to get hosed on these trades (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46800572) |
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Date: September 15th, 2023 11:44 AM Author: rebellious wild pisswyrm jfc. Tommy why do you NEVER LEARN (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46800650) |
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Date: September 15th, 2023 3:26 PM Author: adventurous field lettuce cause im stubborn and retarded and think that THIS time i will be jewish in my luck but i already end up turd indicted by SEC lucky (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46801455) |
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Date: September 15th, 2023 11:46 AM Author: razzle-dazzle violent library if you had some visualization / analysis software tools would that help or would you place the same trades anyway u think (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46800654) |
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Date: September 15th, 2023 11:47 AM Author: Swashbuckling Den Idiot lmao (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46800659) |
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Date: September 15th, 2023 11:48 AM Author: violet incel (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46800665) |
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Date: September 15th, 2023 11:48 AM Author: rebellious wild pisswyrm Why the fuck would you make a bet the market WOULDN'T tank the day before the UAW was set to go on strike? That's such a massive issue that if it happened it would reverberate through the entire stock market, as it did. (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46800669) |
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Date: September 15th, 2023 11:53 AM Author: razzle-dazzle violent library anyone can sound smart in hindsight my man. i bet you didn't buy puts (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46800686) |
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Date: September 15th, 2023 12:00 PM Author: rebellious wild pisswyrm I don't fuck around with options, because it's retarded to try to consistently outsmart the market. I'm a pure indexer, partly out of prudence and mostly out of laziness. But the market was already down in pre-market trading and all signs were pointing to the strike occurring. If I did fuck around with options, then I definitely wouldn't have made this bet.
"Why the fuck did you hit on twenty?" is a valid criticism even if you don't play blackjack yourself. |
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Date: September 15th, 2023 12:07 PM Author: fluffy offensive antidepressant drug there is no hitting on 20 in megacaps like NVDA. every bank in the world has a team of analysts monitoring it.
his trade was positive expected value, it just didn't work out. if he placed the same trade every day for a year, his PL would be positive. |
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Date: September 15th, 2023 12:26 PM Author: rebellious wild pisswyrm You can't know that in advance, it could lose more times than it wins. If it was an infinite free money hack-- as a guaranteed positive PL would be-- then every bank in the world with those analysts would be doing it until that was no longer the case. (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46800803) |
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Date: September 15th, 2023 12:29 PM Author: elite national security agency The premium is a "fair" price meaning it's 0 expected value in a risk neutral world, but that risk neutral setting still assumes a baseline rate of return making it positive EV in the physical setting
That still doesn't make it a good investment |
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Date: September 15th, 2023 12:31 PM Author: fluffy offensive antidepressant drug (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46800823) |
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Date: September 15th, 2023 3:28 PM Author: adventurous field lettuce i bought these are 355pm NYC time yesterday thinking that negated a lot of my risk cause it was like 2%+ off strike price for these
of course if i had just waited i cld have sold way lower puts, im gay and retarded
jfc esp nvda this shit is so risky |
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Date: September 15th, 2023 12:23 PM Author: Galvanic Senate Tommy how's that angus doing friend? (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46800789) |
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Date: September 15th, 2023 12:28 PM Author: Contagious range NVDA -2.88% lol (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46800811) |
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Date: September 15th, 2023 2:50 PM Author: adventurous field lettuce Disssss veddy veddy bad but praying to Allah NVDA at least gets to 445 (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46801352) |
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Date: September 15th, 2023 12:31 PM Author: Avocado brunch lmao (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46800821) |
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Date: September 15th, 2023 12:35 PM Author: obsidian son of senegal windowlicker CSLG, get ready for tommy's employment application (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46800829) |
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Date: September 15th, 2023 12:48 PM Author: Dun provocative boiling water You’re gambling with worse odds than a normal casino game (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46800872) |
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Date: September 15th, 2023 12:50 PM Author: Contagious range no he's not he's going to just be forced to buy hundreds of shares of NVDA at a P/E of 250. (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46800885) |
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Date: September 15th, 2023 12:51 PM Author: razzle-dazzle violent library all active management is like this though (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46800888) |
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Date: September 15th, 2023 12:54 PM Author: Dun provocative boiling water Active managers at least have an edge - eg meeting with mgmt teams multiple times per quarter to ask questions, detailed proprietary research, etc. But yes it’s like playing blackjack with slightly better odds (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46800900) |
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Date: September 15th, 2023 12:54 PM Author: fluffy offensive antidepressant drug huh? you think long vol is positive expected value? (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46800902) |
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Date: September 15th, 2023 1:49 PM Author: Dun provocative boiling water Do casino games have positive EV? (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46801120) |
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Date: September 15th, 2023 1:54 PM Author: fluffy offensive antidepressant drug seriously? tommy T is the casino here (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46801138) |
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Date: September 15th, 2023 12:51 PM Author: Yellow corn cake center So a factory explosion could bankrupt you? (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46800890) |
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Date: September 15th, 2023 1:30 PM Author: Excitant Shrine I've traded since 2008. I have lost and had bad luck shit happen to me on every possible situation. For example, I bought WaMU fall of 2008 because TPG had put 10billion in it. I figured they must know something. You know what happened.
I have put countless thousands of hours into learning shit, some beneficial and some useless. A few things I've figured out: 99% of retail that talks about trading options are broke, idiots or both.
I am the worst possible daytrader that you can imagine. AI could not invent a daytrader worse than me. Despite this, over the years, I have become very very formulaic and boring with my trading. It's boring because its not gambling. Usually do about 15% to 20% yearly with my account for the last several years. Good luck. |
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Date: September 15th, 2023 1:32 PM Author: razzle-dazzle violent library How do you think about "scale" with a semi-sizable account with 6,7,8 figs. All I see on the internet is people trading 0DTE with $500 lmao. So yeah they are broke idiots (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46801078) |
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Date: September 15th, 2023 1:43 PM Author: Excitant Shrine I think people on XO are smart enough to learn how to trade options successfully. I have read a book or 2 on the subject, but I have also tried that Optiver employment test where the math arithmetic comes at you fast. I realized that I was too dumb to compete with professionals in this regard.
I still think that some people can profit if they really know what are doing and are savvy enough to learn before they put bigger money at risk. Obviously, covered calls and stuff like that is not as risky.
I only trade SPX/Russell 2K. Usually average 2 to 3 trades a month. I have a pretty decent system, but all the years of staring at the market does help. |
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Date: September 15th, 2023 1:39 PM Author: pink tripping clown About to execute a sweet iron eagle strategy, bros. (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46801093) |
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Date: September 15th, 2023 1:42 PM Author: nighttime mustard knife You are supposed to sell puts on big red days so when it recovers you keep the premium and dont get assigned tommy (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46801102) |
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Date: September 15th, 2023 1:50 PM Author: adventurous field lettuce Diss veddy veddy bad re NVDA
NVDA racisss |
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Date: September 15th, 2023 1:59 PM Author: obsidian son of senegal windowlicker how many boat's worth of funds are you down today (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46801155) |
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Date: September 15th, 2023 2:32 PM Author: adventurous field lettuce Only 2500 if it closes at 440 but maybe I shld roll
That's like just a fraction of my 19k boat loss |
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Date: September 15th, 2023 2:37 PM Author: Swashbuckling Den Idiot "rolling" is just doubling down on a loser until you hope to break even. if you keep rolling puts to make up for losses, you will eventually lose everything. (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46801303) |
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Date: September 15th, 2023 2:38 PM Author: razzle-dazzle violent library magical asian has spoken (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46801310) |
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Date: September 15th, 2023 2:42 PM Author: adventurous field lettuce Nigga u told me SOL was so 180, maybe u shld lick my turd anus faggot nowag benchod bitch wantonnigga (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46801323) |
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Date: September 15th, 2023 2:57 PM Author: Swashbuckling Den Idiot was saying it was 180 from when it was $2.
pretty much everything i told you about the dangers of selling options has come true. |
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Date: September 15th, 2023 3:02 PM Author: adventurous field lettuce I'm gay and retarded NVDA will book next week and I'll profit and buy fresh juice, faggot (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46801388) |
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Date: September 15th, 2023 3:05 PM Author: Contagious range Not true if he rolls his puts he will eventually own NVDA at only P/E = 150 not P/E = 250. (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46801395) |
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Date: September 18th, 2023 7:52 AM Author: adventurous field lettuce rofl i have 400 shares of NVDA at 446 cost basis and its crashing pre market 2% already fma (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46810680) |
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Date: September 18th, 2023 7:57 AM Author: obsidian son of senegal windowlicker Xo looks forward to your cslg job application (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46810683) |
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Date: September 18th, 2023 8:03 AM Author: adventurous field lettuce i think i may just cut my NVDA loss, sell it today and buy QQQ puts at 370
FMA JFC |
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Date: September 18th, 2023 9:26 AM Author: Contagious range Naw I'd keep the shares and just collect the sweet 0.04% dividends. (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46810921) |
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Date: September 18th, 2023 6:51 PM Author: rebellious wild pisswyrm (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46813688) |
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Date: September 19th, 2023 10:06 AM Author: elite national security agency (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46816128) |
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Date: September 19th, 2023 10:15 AM Author: adventurous field lettuce niggas if nvda go back above 440 ill just sell some more and go back to qqq puts fma (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46816186) |
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Date: September 19th, 2023 10:31 AM Author: Contagious range Just sell NVDA calls at 440 before it's too late. (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46816285) |
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Date: September 19th, 2023 10:34 AM Author: adventurous field lettuce NIGGA, its only tues, i just need to get out and go back to QQQ, it was 180 i was selling 11 QQQ puts a day (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46816304) |
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Date: September 19th, 2023 11:26 AM Author: rebellious wild pisswyrm Why are you like this (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46816556) |
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Date: September 19th, 2023 11:50 AM Author: adventurous field lettuce cause im furking gay and retarded jfc
tbf i get tipsy on fridays and do stupid shit like this, last time was buying mega AAPL and now this NVDA shit
outside of those im doing quite 180 with QQQ puts, over 17k PROFIT now |
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Date: October 2nd, 2023 12:31 PM Author: adventurous field lettuce ROFL my NVDA got back today to my execution price, 446 something but fortunately since im retarded i sold it all at a cost basis of 423 and bought QQQ back. now im down a little on the QQQ and need it to go to 381 just to break even. if i had just held the nVDA cld have got out today with no loss, instead im down 9k.
im smart |
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Date: October 2nd, 2023 12:34 PM Author: Contagious range ur just 2 greedy with the options. (http://www.autoadmit.com/thread.php?thread_id=5405912&forum_id=2#46872916) |
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Date: October 2nd, 2023 1:38 PM Author: adventurous field lettuce Same thing happened with apple i got assigned at like 185 or something and then sold and put it in QQQ then aapl went back above 185
but ive made back the loss using QQQ calls/puts
its all gay |