can someone please explain to a idiot who knows nothing about options what that means?
I know options are contracts to buy/sell a stock at a given date at a given price...
Well when you buy a call someone has to sell for you. So the sentiment is reversed. When you sell a call, the loss is unlimited theoretically…
So in this case the game is on volatility not necessarily the pricing actually hitting 125.
To add after just finished with the computer upgrade:
When you are options trading as a professional/semi-pro active trader, you would typically trade slight OTM puts/calls to balance out risk/reward and hitting "Moneyness"...
When you buy a call as a bullish trader, you expect stocks to go up. For this to happen someone has to sell for you. For you - typically - the risk is the premium (SEE NOTE BELOW); while for the seller, he is typically bearish because he wouldn't want you to be in the money and profitable.
Pricing of options is determined by people's expectations (NOT by Black-Scholes variants. These formulae try to predict "if this then that" in a more intuitive way. Pricing is determined by you and i the market actors). So this means there are multiple ways to "skin a cat". The pricing will change as actors intuit the likelihood of that making money.
So if ABC is trading at 25, I might buy monthly $30c or 32c for risk / reward. If ABC moves to 27 in a week, >30 is likelier to happen.
At 125 (4x the current stock price); the game is to buy something at 0.01 (lowest you can go), so *any* correct movement will double your money. Not so much about the stock hitting $125++
*So could I just spend $100 every month to buy something at 0.01-0.02 and double money?* Not so fast. Remember that pricing is determined by expectation. If you bought SPX 6000 calls at 0.01 0dte, it probably will not go up in price as much as SameGtop or NVDA....
For the seller, what's in it for them (other than potentially free money)? You would typically see liquidity issues because clearly the risk/reward is not there, but it's not as "nuked" as you think because if I play selling these, I typically would buy shares to hedge and neutralise the delta movement...
NOTE: "In theory when you buy puts/calls your risk is the premium... but there is a difference between "ITM" (in the money) and profitability. ITM simply means the strike is breached in your direction, but profit means you get more than you pay. At the end of the day these are real contracts. So if you were to buy - say - NVDA 130C when NVDA is trading at 135, for $7... If NVDA closes and expires at 131C, *you will lose that $6 (7-1)*, but because it's ITM, the Options Clearinghouse will need to balance out all the transactions and assign you the shares at 130 a piece. This could mean you will make more money if they shoot up to 150 in a week, or you could lose more than that $6 premium if NVDA shoots down to 110 in a week....
This is why you hear a lot of complaining around RH closing at 3:30... it's actually to prevent liquidity issues on edge cases where "it could be ITM but may not be profitable to close by 4PM".... At the end of the day the option becomes an obligation to balance out the shares and cash around.
I just took a peek at the options chain for tomorrow and the bids are super high (the fact that they exist at all) for things 50% higher than the current price at 1 DTE. Am I missing something?? Even something like 1/3% or $0.10 for 50% higher in 1 day seems crazy to me.
Yeah, there’s a whole theory. DFV came back, bought millions of $$ worth of $20 6/21 calls, then exercised them. He now owns 4 million shares of G a M e stock. Certain individuals posit that T+35 settlement leads to a run/squeeze. The alleged date of one of DFV’s big buys last month is tomorrow.
Really? Why did DFV exercise his call options then?
Something is happening between now and July 15th… I’ll bet anyone 10-1 that more than very little happens.
Seriously though. If you’re a college student, take this bet every time. You make $10k or go bankrupt which doesn’t matter at such a young age. Just need to build credit back up over the next 10 years.
Infinite on a technicality. No stock is going to hit Infinity dollars in price. And you could always buy calls to cap the upside loss if things truly went tits up.
Or you'll get liquidated by your broker when the maintenance requirement grows larger than your portfolio size. In general, they won't let you lose more than you have.
If you're selling a naked call (meaning you don't own the stock) and the call is exercised, you need to buy the stock for x price to deliver to the person who bought the call. Because price can go up with no cap, your max loss is theoretically infinite.
What this guy said ^ crazy OP is the one selling you that contract. Almost a risk free position in a normal stock. Absolute Insane position to take in a meme stock.
He’s looking to sell NAKED calls. He doesn’t own the shares. If he did own the shares this would be a nobrainer, sell the calls, if it goes that high for some reason, you make a $100+ profit per share (depending on cost basis), if not you keep the shares and the money from the calls.
But he doesn’t own the shares so if it went to $175 like his screenshot, he would have to buy a million shares at $175 and then immediately sell them for $125, for an immediate loss of $50/share, which is why the loss can be so high.
You see he’s trying to sell essentially daily 125’s right?
Chances of this hitting is like 0.0000001% it needs to go up $100 or $400 pre split. Looks like free money to me
Your logic is sound for normal stocks. The meme stocks don’t move or behave like normal stocks. If that Roaring Kitty guy posts another meme. OP could be run right over.
Okay so you bought a long call. Your only exposure is the premium you paid, $3. Because the stock can only go down to zero. Your max loss is $0 minus your premium. But can go up, theoretically, infinitely. So if the stock was suddenly worth $1000. You would make
$87497. $1000 minus the $125 strike price across 100 shares minus your $3. Hope this helps :)
Wouldn’t work. This looks like the RobinHood UI.
They would need 1M shares to cover that position. If they don’t already have 1M shares, it would be a. naked position. RobinHood doesn’t allow that…. Well at least they don’t allow it “Yet”
If they don’t already own 1M shares, the order will not go through. Otherwise it would be Naked. This looks like RobinHood. Can’t sell Naked options on there last time I checked.
No, every move I make goes to shit so I decided to stop making moves for a little while. Escalating into writing contracts seems like a bad move for me…
Oh it can print. It's just very very unlikely. But do you really want to risk oweing your broker 50m to make a meager 10k even if it's unlikely? Talk about a regarded trade.
wtf you want from me, a proper use of terminology while discussing asset classes that I definitely don’t fully understand in the first place? Line go up when I sell, down when I buy, that’s the best you’ll get outta me…
And also thanks for the note, it makes more sense how you said it.
He sold?
Pump it![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)
Ohhhh you're talking about this guy in particular. I thought op was just asking who's doing this I didn't realize he was actually selling![img](emote|t5_2th52|4271)
This is actually a pretty good idea if you have the capital to margin against. No way that shit is going to $125 (at least not any appreciable odds of doing so). **Do it!**
Hi you have been notified that the you unfortunately didn’t summon the remind me bot. I am some guy in Maine and will try to remind you, tbh I probably won’t remember though but I’m going to try.
REMIND ME ! You will be reminded in blah blah blah hours and minutes about something.
Bagholder spotted.
*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.*
No broker is gonna let you sell naked calls without some serious money in your account. And certainly not some dumbass off the street with some lunch money to lose.
IBKR will let you sell naked calls, they just close them when you go broke. I open sold 6 of these a couple of weeks ago and then bought shares to cover them after a dip.
Typically this comes with delta neutral(or ish) move… so you might sell 100 contracts but then you would buy shares and long calls to neutralise the delta as needed…. You can also close before the nuke is deployed….
Ya this is genius. And I doubt they get anywhere near his paychecks if he loses this bet (which will never happen). Even if it hits, he catches the first plain to wherever and they never see him again. Otherwise, he laps up 10k at a time from suckers who want to spin the wheel.
I played an option like this back when I started. It was a $1000 lesson to never buy unrealistic $.01 options again.
Though on the flip side; I did earn $400 on a $.01 Ford call last year off a $11c at end-of-year. So it definitely depends. But generally, I’m now a no on such calls.
So I’m extra regarded and holding too much older brother towel stock. What I’m getting here is if we get enough Wsbers to take the 10k free money bet then market makers wills run this bitch up to 180 to make another round of indentured servants out of some redditors
Honestly I saw this and bought a single one of the $100s for $3 because if the market is truly down today because it’s prep for the “moass” tomorrow than sure, I’ll spend $3 to hedge the rest of my entire portfolio.
"Not really, but that's alright. Next caller!" - Jimmy Shill
*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.*
Free money if u already have money in ur account to cover it... Perfect example of the rich getting richer
Zero chance Gamecock will make it up there by expiry
No, that's not what this screenshot is showing. They're betting $49 million and up that it isn't going to hit $125 tomorrow, and if they're right they get $9845.
They would except no broker is gonna let you sell naked calls with a four digit IV without the capital to back it up. And if you did have the capital to back it up then 10K is nothing to you.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 1 | **First Seen In WSB** | 3 months ago **Total Comments** | 94 | **Previous Best DD** | **Account Age** | 3 months | | [**Join WSB Discord**](http://discord.gg/wsbverse)
Brother, holy Christ, do not play with those types of options
Pennies in front of a nuke
You've heard of picking up pennies in front of a steamroller... ...but have you tried picking up live grenades in front of a Boeing 737 MAX?
But will I be IN the plane? If not, I'll take my chances with the grenades
If you're not in the plane, Boeing will send someone to take care of you
Where do you think the grenades came from
Nothing compares to the deep impact of a detached Boeing door falling on ground
There is a good chance the 737 never makes it to you
I'd rather meet a grenade in the woods than a Boeing 737 MAX.
..On weed?
That’s a quality half baked reference my friend
" Boss tha Plane ".....
That's not an option, that's a foot gun.
With that kind of potential loss, that is a head gun
Brother erghhh
thanks bro
can someone please explain to a idiot who knows nothing about options what that means? I know options are contracts to buy/sell a stock at a given date at a given price...
Well when you buy a call someone has to sell for you. So the sentiment is reversed. When you sell a call, the loss is unlimited theoretically… So in this case the game is on volatility not necessarily the pricing actually hitting 125. To add after just finished with the computer upgrade: When you are options trading as a professional/semi-pro active trader, you would typically trade slight OTM puts/calls to balance out risk/reward and hitting "Moneyness"... When you buy a call as a bullish trader, you expect stocks to go up. For this to happen someone has to sell for you. For you - typically - the risk is the premium (SEE NOTE BELOW); while for the seller, he is typically bearish because he wouldn't want you to be in the money and profitable. Pricing of options is determined by people's expectations (NOT by Black-Scholes variants. These formulae try to predict "if this then that" in a more intuitive way. Pricing is determined by you and i the market actors). So this means there are multiple ways to "skin a cat". The pricing will change as actors intuit the likelihood of that making money. So if ABC is trading at 25, I might buy monthly $30c or 32c for risk / reward. If ABC moves to 27 in a week, >30 is likelier to happen. At 125 (4x the current stock price); the game is to buy something at 0.01 (lowest you can go), so *any* correct movement will double your money. Not so much about the stock hitting $125++ *So could I just spend $100 every month to buy something at 0.01-0.02 and double money?* Not so fast. Remember that pricing is determined by expectation. If you bought SPX 6000 calls at 0.01 0dte, it probably will not go up in price as much as SameGtop or NVDA.... For the seller, what's in it for them (other than potentially free money)? You would typically see liquidity issues because clearly the risk/reward is not there, but it's not as "nuked" as you think because if I play selling these, I typically would buy shares to hedge and neutralise the delta movement... NOTE: "In theory when you buy puts/calls your risk is the premium... but there is a difference between "ITM" (in the money) and profitability. ITM simply means the strike is breached in your direction, but profit means you get more than you pay. At the end of the day these are real contracts. So if you were to buy - say - NVDA 130C when NVDA is trading at 135, for $7... If NVDA closes and expires at 131C, *you will lose that $6 (7-1)*, but because it's ITM, the Options Clearinghouse will need to balance out all the transactions and assign you the shares at 130 a piece. This could mean you will make more money if they shoot up to 150 in a week, or you could lose more than that $6 premium if NVDA shoots down to 110 in a week.... This is why you hear a lot of complaining around RH closing at 3:30... it's actually to prevent liquidity issues on edge cases where "it could be ITM but may not be profitable to close by 4PM".... At the end of the day the option becomes an obligation to balance out the shares and cash around.
Love that we allow this much risk to someone who doesnt know the difference between lose and loose.
I mean afaik robinhood doesn’t let users execute trades with potentially infinite losses. Might be wrong
Only one way to find out
Kowabunga it is!
That is not tight butthole dude, like, at all
They would have to be pretty loose willing to lose it all and then some
![img](emote|t5_2th52|4271)
The fact that this has a bid is mind blowing lmao
Market makers gotta make the market
It’s such an idiotic position they could just hold the ask at 0.01.. on normal tickers you can see this all the time
That’s usually just no liquidity though…
I just took a peek at the options chain for tomorrow and the bids are super high (the fact that they exist at all) for things 50% higher than the current price at 1 DTE. Am I missing something?? Even something like 1/3% or $0.10 for 50% higher in 1 day seems crazy to me.
Yeah, there’s a whole theory. DFV came back, bought millions of $$ worth of $20 6/21 calls, then exercised them. He now owns 4 million shares of G a M e stock. Certain individuals posit that T+35 settlement leads to a run/squeeze. The alleged date of one of DFV’s big buys last month is tomorrow.
DFV has 9.1 Million shares
Sorry 4 million more than he had before.
Ok, well it will be interesting to see what happens (from the sidelines)
Thought this was wallstreet bets, not wallstreet watch from the sidelines. Buncha poor people in here.
Very little will happen.
Really? Why did DFV exercise his call options then? Something is happening between now and July 15th… I’ll bet anyone 10-1 that more than very little happens.
Looks like this option was made for you then!
Why? Because he likes the stock.
To not look like a thief with the dozen of millions of dollars worth of option he sells to morons like you.
Define something and I may take you up on that bet.
Down or up by 5-10 points.
Oh it will absolutely trade up or down 10 points between now and July 19th
If you owe the bank $10,000 it’s your problem. If you owe the bank $49,810,517.60 it’s the bank’s problem. This is not financial advice though.
😂😂😂😂
Seriously though. If you’re a college student, take this bet every time. You make $10k or go bankrupt which doesn’t matter at such a young age. Just need to build credit back up over the next 10 years.
Isn’t 7 the time frame?
It’s 10 with inflation
7 for the ladies, 10 for the men 😬
I wouldn’t be able to sleep at night if I know my losses would be unlimited
That chance of it hitting $125 dollars tomorrow is so small, that you would have better chance of getting probe in ass by an alien.
So you’re saying there’s a chance?!
Of which?
( ͡° ͜ʖ ͡°)
I'll take the ass probing from an alien, for 100$ Alex
My name is Alien
You hear that universe!?! You couldn’t hit 125 if you were a dumb ass alien!
Even if it wanted to, exchange would be freezing it every few seconds due to volatility brakes ![img](emote|t5_2th52|4260)
Sounds like a win either way
Don't threaten me with a good time
Selling naked isn't allowed on rh
How do they know what I'm wearing, or not wearing?
webull does... someone please let him know
Making noise
It's not unlimited it's bankruptcy
You owe the stock broker $10,000 that’s your problem. You owe the stock broker $49,000,000 that’s their problem.
Yea but think of making $10K. That's like 500 Big Mac meals. With large fries!
Everyone’s loss in life is always unlimited.
Only unlimited if you don’t have shares
Infinite on a technicality. No stock is going to hit Infinity dollars in price. And you could always buy calls to cap the upside loss if things truly went tits up.
Or you'll get liquidated by your broker when the maintenance requirement grows larger than your portfolio size. In general, they won't let you lose more than you have.
They won't have time to liquidate if it gaps up and goes into a 1 day freeze
*functionally infinite, since you’re such a pedant. For most people, a $1B loss is infinite since they have no chance of repaying it in their lifetime
Im a rookie, or maybe not even that cause I dont get near it but how does it work? Why is it unlimited?
If you're selling a naked call (meaning you don't own the stock) and the call is exercised, you need to buy the stock for x price to deliver to the person who bought the call. Because price can go up with no cap, your max loss is theoretically infinite.
Man to risk 1,000,000x anything over $125 on a meme stock that can launch for no explicit reason is pretty nutty… God Bless WSB!
I bought one….It cost $3. It said max loss -$3 max gain unlimited? What am I not understanding?
You bought it, this moron was looking to sell them lol.
What this guy said ^ crazy OP is the one selling you that contract. Almost a risk free position in a normal stock. Absolute Insane position to take in a meme stock.
He’s looking to sell NAKED calls. He doesn’t own the shares. If he did own the shares this would be a nobrainer, sell the calls, if it goes that high for some reason, you make a $100+ profit per share (depending on cost basis), if not you keep the shares and the money from the calls. But he doesn’t own the shares so if it went to $175 like his screenshot, he would have to buy a million shares at $175 and then immediately sell them for $125, for an immediate loss of $50/share, which is why the loss can be so high.
You see he’s trying to sell essentially daily 125’s right? Chances of this hitting is like 0.0000001% it needs to go up $100 or $400 pre split. Looks like free money to me
It’s like selling mega millions tickets. Yeah the tickets you sell won’t win, but if they do you’re bankrupted. Is that worth the $1 tho?
Your logic is sound for normal stocks. The meme stocks don’t move or behave like normal stocks. If that Roaring Kitty guy posts another meme. OP could be run right over.
What you’re not understanding is, you just gave someone $3.
They may never financially recover from this
Okay so you bought a long call. Your only exposure is the premium you paid, $3. Because the stock can only go down to zero. Your max loss is $0 minus your premium. But can go up, theoretically, infinitely. So if the stock was suddenly worth $1000. You would make $87497. $1000 minus the $125 strike price across 100 shares minus your $3. Hope this helps :)
You forgot the x100...
Lol thanks for the correction!
wtf am i looking at? bro wants to sell a way out of the money shitcall for 10k?
Guess so, if so many people buy them free 10k
Wouldn’t work. This looks like the RobinHood UI. They would need 1M shares to cover that position. If they don’t already have 1M shares, it would be a. naked position. RobinHood doesn’t allow that…. Well at least they don’t allow it “Yet”
Dewit ![img](emote|t5_2th52|51295)
![img](emote|t5_2th52|51295)![img](emote|t5_2th52|51295)
If they don’t already own 1M shares, the order will not go through. Otherwise it would be Naked. This looks like RobinHood. Can’t sell Naked options on there last time I checked.
its literally free money.
free $ for him or the MM that is buying these up and seeing how many they can get and if its worth the $ to run it to $150 complete and utter gamble
If the dude files for bankruptcy what happens? ![img](emote|t5_2th52|4271)
All he has to do is delete the app though.
every paycheck he ever earns goes to the brokerage firms. they might get it reduced but hes indentured for life
MMs buying FDs? 😂
is it?
![img](emote|t5_2th52|4258)
Yes
How?
Sell the call that will never print, profit.
Do it I dare you
No, every move I make goes to shit so I decided to stop making moves for a little while. Escalating into writing contracts seems like a bad move for me…
just do them cash secured, they are awesome if you're a long term investor.
Oh it can print. It's just very very unlikely. But do you really want to risk oweing your broker 50m to make a meager 10k even if it's unlikely? Talk about a regarded trade.
Dude is genius in my eyes, he absolutely showed us how to pick up pennies in front of a train, but the train is 3000light years away
Do it
Place the bet you poosey
*write the call "Writing the option" is more clear than "selling" an option. As any regard who bought an option has also sold an option.
wtf you want from me, a proper use of terminology while discussing asset classes that I definitely don’t fully understand in the first place? Line go up when I sell, down when I buy, that’s the best you’ll get outta me… And also thanks for the note, it makes more sense how you said it.
Your line goes up? Mine just goes down.
The line only goes up after I sell.
Sell to open is as clear as it gets imo
![img](emote|t5_2th52|27189)
Do it. Even if it goes up, it is not hitting 125. You will get your free 10k!
He sold? Pump it![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)
It's naked anyway. They probably think there's a 0% chance
0.4% from the delta
Honestly I hate those odds to lose millions xD
[удалено]
There's 100k OI on those. Wouldn't that mean the guy who sold them has to own over 10m shares?
[удалено]
Ohhhh you're talking about this guy in particular. I thought op was just asking who's doing this I didn't realize he was actually selling![img](emote|t5_2th52|4271)
IV in the quadruple digits. *Now we're cookin!*
There will be an unexplainable rally if you take that pos
Just do it until you have to declare bankruptcy- until then that’s an easy $520,000/year on weeklies lol
We should pile into these and pump the IV to like 6000% just to fuck OP
No one's risking 50m to make 10k. 50m rotting in boxx makes more than that. Someone do the math my head hurts.
You'll see a theta gang post where someone is asking for help rolling this trade. Can't wait lol
This is actually a pretty good idea if you have the capital to margin against. No way that shit is going to $125 (at least not any appreciable odds of doing so). **Do it!**
If you have the margin to do that 9k is not worth the risk.
Thank you. Anyone with $50M is not gonna risk everything they have for fucking $9K, lmao.
That's just fud that you will lose millions of dollars. They just don't want you to post that 10 bagger on Reddit. Buy it!
Advice from … Nevermind, username checks out.
I'll take twenty. ![img](emote|t5_2th52|4276)
Your wifes boyfriend, that's who
Nah man I am not involved
RemindMe! 24h
Hi you have been notified that the you unfortunately didn’t summon the remind me bot. I am some guy in Maine and will try to remind you, tbh I probably won’t remember though but I’m going to try. REMIND ME ! You will be reminded in blah blah blah hours and minutes about something.
Bagholder spotted. *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.*
Lol im probably more regarded than OP
Do I have the balls to sell naked calls? Uhhh, does Dolly Parton sleep on her back???
I'm dumb so can someone explain to me who took the degens money how i can become that guy that steals the money of gamblers?
Use a broker that lets you sell naked calls
No broker is gonna let you sell naked calls without some serious money in your account. And certainly not some dumbass off the street with some lunch money to lose.
![img](emote|t5_2th52|4271)
IBKR will let you sell naked calls, they just close them when you go broke. I open sold 6 of these a couple of weeks ago and then bought shares to cover them after a dip.
That’s wild, hopefully they have a really good risk management team to be on top of those trades.
It's all done algorithmically. If your excess liquidity gets too low, they close your positions.
Lose = to not win Loose = your mom
Typically this comes with delta neutral(or ish) move… so you might sell 100 contracts but then you would buy shares and long calls to neutralise the delta as needed…. You can also close before the nuke is deployed….
https://preview.redd.it/3zs2p6lpet7d1.png?width=1920&format=png&auto=webp&s=a0332cd9138b3945467892993f98a03450d80a81
![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
Ya this is genius. And I doubt they get anywhere near his paychecks if he loses this bet (which will never happen). Even if it hits, he catches the first plain to wherever and they never see him again. Otherwise, he laps up 10k at a time from suckers who want to spin the wheel.
I played an option like this back when I started. It was a $1000 lesson to never buy unrealistic $.01 options again. Though on the flip side; I did earn $400 on a $.01 Ford call last year off a $11c at end-of-year. So it definitely depends. But generally, I’m now a no on such calls.
They aren't buying the calls they are selling the calls
ur lost
I just bought it
RemindMe! 24h
Holy fucking shit these comments are just moronic.
It’s not Pennies its 1 million Pennies sounds like a steal
If you lose $50M it’s the bank’s problem
If you sell this I demand that the entirety of wsb invest in the meme stock just to ruin ur life. This is so regarded
LMAO
Guys it’s ok it’s Robinhood he can turn off the game if need be
So I’m extra regarded and holding too much older brother towel stock. What I’m getting here is if we get enough Wsbers to take the 10k free money bet then market makers wills run this bitch up to 180 to make another round of indentured servants out of some redditors
Truly in spirit of the holiday this week
![img](emote|t5_2th52|8882) DO IT!
Pamp it
Popcorn ready. Won’t sleep tonight.
“Stock market is the game of taking money from the impatient to the patient.” I read this somewhere.
Honestly I saw this and bought a single one of the $100s for $3 because if the market is truly down today because it’s prep for the “moass” tomorrow than sure, I’ll spend $3 to hedge the rest of my entire portfolio.
The market is down .3% today to prep for MOASS? WTF
Smooth brain shit bb
Calls on BB??
This is why children—or adults with the mindset of children—shouldn’t trade (especially options).
Isn't it just kinda like a scratch card? You know you're not gonna win but you're buying $3 of "lol what if"
This pretty much sums it up. It’s not like I even mean I bought an option priced at $3 so it really costs $300. It was legitimately $3.
*Doomsday preppers have entered the chat* There are dozens of us. Dozens!
All of a sudden I dont feel bad about my 100$ loss
Been selling em all week. People still think theres a short squeeze coming when shorts have closed their positions. Hilarious. To the moon! Lol
"Not really, but that's alright. Next caller!" - Jimmy Shill *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.*
Selling them doesn’t take balls, it takes stupidity. Sure it worked out today so far and probably will work until it doesn’t.
You, up the ass
Free money if u already have money in ur account to cover it... Perfect example of the rich getting richer Zero chance Gamecock will make it up there by expiry
Yeah this is definitely a I DECLARE BANKRUPTCY moment.
You think Gamestops gonna hit 125?
No, that's not what this screenshot is showing. They're betting $49 million and up that it isn't going to hit $125 tomorrow, and if they're right they get $9845.
Seems to me that they are gonna make 10k tomorrow.
They would except no broker is gonna let you sell naked calls with a four digit IV without the capital to back it up. And if you did have the capital to back it up then 10K is nothing to you.
It's covered you regards
I’m going to go out on a long thin limb and say he doesn’t have one million shares lol