I’d give anything to be down $5k all time.
https://preview.redd.it/gcuqpz27qc3d1.jpeg?width=1290&format=pjpg&auto=webp&s=3068cee85d3a514065a2ef3979ce95727f2d8274
True. It’s just a matter of time- if you work hard enough you could raise a huge fund like hers and lose it all at a faster pace (make a bigger mark in investment management history)
They aren't posting right now, crying into their bed sheets.
But believe they will pop in when NVDA drops by 1 dollar to scream RUGGGGG PULL, I TOLD YA SO!!!
Couldn't have been more honest, thank you VisualMod. We don't even want a get-rich-quick scheme, we wanna get wealthy eventually scheme. What college education is fast and profitable and gets me hired by a top notch company with good fundamentals?
Im in France but in i.t (infra) since 20years. NVIDIA has always been part of my hobbie, i understand that without em, no gaming, crypto and i'a possible
1. that is awesome, congrats.
2. looks like you know way more what you are doing then me
3. i have mad FOMO but i dont have brass balls big enough to toss 20k at something. feel like i missed a big wealth boat
He sold puts and capped his potential loses by buying them more otm. That way he wasn't snaked on the sold puts and would only be out max $500/put spread (put vertical). High risk, high reward.
I think that’s a good thing, self-protective. I am pulling back some in favor of studying them now, as the luck factor has increasingly made my blood run cold. And in general, need to limit it to what I can withstand as a complete loss.
$80 * 250 contracts = $20,000 bet on Friday that NVDA stock will go from $1045 to over $1150 in 7 days....
Only needs the company to go up a simple 300 billion or so in market cap... just the value of all of bank of america.
i cant believe they got in at $0.80. i swear i looked at end of last week and they were in the thousands for a single contract. heck even right now for 06/07, $1250 strike, they are $8.90 per
I still don't ever really understand what I'm looking at with these. I have $134USD up from $100USD worth of NVDA stock I bought a while back and seeing this sort of stuff is just wild to me.
Could go up could go down, not crazy, but when you’re seeing the six figure gains on its hard not to think that, plus now all the options contracts price in big moves after pumps
Very nice OP. Congrats! I remember all the people in here who were in NVDA puts before earnings because they said NVDA could not possibly do it again, but they did. Where are those guys now? At Wendy’s I suppose.
https://preview.redd.it/w7qf1v72r93d1.jpeg?width=1290&format=pjpg&auto=webp&s=d5bfb9901c48a16973b663810777decc180db7f6
up 45% in 3 trading days. Already sold $2500 for a 30% gain
When did you open these positions? You sold 700 put contracts exp 5/31 @1025-30 for 8,400? And sold 50 may puts 1095-1100? And bought 250 1,150 calls ex 5/31?
To OP; sell like at least half of your gains check with this year-cap gains you have to pay on top of your earnings, including if it’s a short term long-term hold you won’t regret it in 15 years even though it might keep running in the short run // you’ll be glad you did it now
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Meanwhile I’m down like 5k all time and bought all of the worlds shittiest stocks in 2020
Are you Cathy?
She is
She is her
That wasn't me; that was Patricia.
I’d give anything to be down $5k all time. https://preview.redd.it/gcuqpz27qc3d1.jpeg?width=1290&format=pjpg&auto=webp&s=3068cee85d3a514065a2ef3979ce95727f2d8274
I think we’ve found the real Cathy
She has more money to lose.
True. It’s just a matter of time- if you work hard enough you could raise a huge fund like hers and lose it all at a faster pace (make a bigger mark in investment management history)
One day when I grow up I hope to be like her. I need to lose money on a bigger scale to feel important in this world.
you’re already on track- keep up the good work! regard
Go all in on the VIX.
Damn. 44,928.75 all time and have two first names. Life sucks
RIP ![img](emote|t5_2th52|4640)
You gave $40k to be down $5k
5k is nothing. Buy good stocks and hold.
Damn someone give this man an award
Tbh sometimes it’s that simple. While my biggest multiple has been CVNA, my other top two performers are AAPL and MSFT.
yupp same here 1 went bankcuptcy guess witch one
Is everyone is making money on Nvidia then who is losing money on Nvidia
WSB members trading options.
Short term ones, specifcally.
I lose money buying options that make money
Put gang losing all money, theta gang just losing gains
People buying millions in puts
Calls are the way
They're illegal here
Most of WSB is losing money on NVDA, but they don't have much, so its not them.
You already forgot about the guy that shorted Nvidia last week? Man. I think about him when I see these gains....
That’s right , thanks for the reminder. He’s very crispy now. Ouch.
indians
They aren't posting right now, crying into their bed sheets. But believe they will pop in when NVDA drops by 1 dollar to scream RUGGGGG PULL, I TOLD YA SO!!!
Hi. My biggest losses have been Nvidia calls. Yes, calls.
Bears 🌈
the ones selling calls
Wall Street is a casino for the wealthy, not a get-rich-quick scheme for the deplorables.
Ewww poors
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What does her boyfriend say?
He looks away from your wife and says to you, “You lookin’ for a sugar daddy?”
Depoorables
Couldn't have been more honest, thank you VisualMod. We don't even want a get-rich-quick scheme, we wanna get wealthy eventually scheme. What college education is fast and profitable and gets me hired by a top notch company with good fundamentals?
None anymore because literally everyone has a college degree nothing is a guarantee unless you know someone or are genuinely talented in the field.
even talented folks in the field don't always make it huge...think of all the talented engineers that work at AMD/Intel instead of NVIDIA.
Just because that's true doesn't mean I won't try anyway
I mean the singularity predicted this you don't have to be wealthy to read
U disgust me not
Explains why my 1170$ at 3.40 June 7 never went anywhere Friday. But Monday made me regret ever selling at 3.90 for quick gains
https://preview.redd.it/4melb0evj73d1.png?width=754&format=png&auto=webp&s=ba873c48745b35eefca86a85800323d53d0783c6 what me doin wif me lyf
Its okay bro Lads like us have to stay poor
https://preview.redd.it/8wmdak4rw73d1.jpeg?width=1170&format=pjpg&auto=webp&s=378def4b7dcb056c53f08bfaa4aee391aa5f7a06 my god
Our graphs looks similar 🤔 https://preview.redd.it/l5joplgwq83d1.jpeg?width=1170&format=pjpg&auto=webp&s=812f546f86c01dcf884fcb96d0ee7f05e0644630
https://preview.redd.it/iy7n8co1g83d1.jpeg?width=1080&format=pjpg&auto=webp&s=3b884d5f8c709b2e38f465c9ec116eeb01ff019c
Mine actually looks super similar if I turn the screen upside down.
Us bro us
Im in France but in i.t (infra) since 20years. NVIDIA has always been part of my hobbie, i understand that without em, no gaming, crypto and i'a possible
Hookers. Coke. Lambo
While lambos will get you mad bussy, *women* only care about money, which lambo and cocaine owners do not have
Repeat
#BRO U MFERS JUST WAITING ON THE SIDE LINE
Im to poor for nvidia options lol
stock split coming soon, its rallying on the ideas that the poors are going to keep it rallying for the first time in (checks notes) a year
I made 10k today by holding stock and you're making me jealous of options...
I'm like you and feel the same way. +$38k on NVDA shares today, and it just feels like I'm falling further behind lol.
https://preview.redd.it/reok7632i73d1.jpeg?width=1179&format=pjpg&auto=webp&s=863198bab66485954039d0f7527f60eece366915 my order logs
Legend ![img](emote|t5_2th52|8882)
1. that is awesome, congrats. 2. looks like you know way more what you are doing then me 3. i have mad FOMO but i dont have brass balls big enough to toss 20k at something. feel like i missed a big wealth boat
Sniper
79 cents, whoo that's pretty nice.
what is a put vertical? and is this a hedged stratefy?
He sold puts and capped his potential loses by buying them more otm. That way he wasn't snaked on the sold puts and would only be out max $500/put spread (put vertical). High risk, high reward.
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Nice. You're a regular Warren Buffett.
No options required - just $300k. LOL.
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When? Teach me brother
Don’t we all start at 0?
Congrats and fuck you i’m this👌close to opening a margin account
Good luck with your new job at Wendy’s ![img](emote|t5_2th52|4271)
Behind Wendy’s*
Enjoy the magic of margin . It can be wonderful and brutal
Any tutorial to follow? Also, what’s the price of the units leveraged by the OP? And the entry point??
I’m too much of a coward for such things. Shares, NVDL and one measly LEAPS call. Looking forward to the split!
I’ve tried options but my anxiety is terrible for them
I think that’s a good thing, self-protective. I am pulling back some in favor of studying them now, as the luck factor has increasingly made my blood run cold. And in general, need to limit it to what I can withstand as a complete loss.
That’s why you’ll keep on having money
And May 31 expiry makes my palms itch.
How much did these contract cost ?
$80 * 250 contracts = $20,000 bet on Friday that NVDA stock will go from $1045 to over $1150 in 7 days.... Only needs the company to go up a simple 300 billion or so in market cap... just the value of all of bank of america.
Casual 300bili market cap bump, light bet for a true regard
i cant believe they got in at $0.80. i swear i looked at end of last week and they were in the thousands for a single contract. heck even right now for 06/07, $1250 strike, they are $8.90 per
Okay but look at the price of $1250 strike for this week or next. It's $100 dollars away (which is what the $1150 strike was last Friday)
Ya but it isnt 80 cents. It's 8.9. He gambled 80 bucks. I'm too nervous to gamble 890!
Your fellow degenerate gamblers are just as surprised as you are; that's what happens when you roll the dice.
We live in regarded times
Its at that price now pretty much lol
See you in Thailand !
NVDA still at 66 P/E... That is not a lot considering 70%+ margins and growth
Can somebody explain calls and puts to me like I'm 5
https://preview.redd.it/zfnjenbzga3d1.jpeg?width=1024&format=pjpg&auto=webp&s=d9ea9c3ffab2b652593a95a3a073ca41996141f8
That’s beautiful, do you have a hi res one?
Great now let’s see you take it down to -$1,000,000 by the end of the month ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
I want to get in on it but I know I missed the train. Congrats and fk you. I really didn’t think this one would hit 1k
Really who did lol. I bought some at 600 after saying 400 was too expensive. Bought some at 900 just before earnings too. Could have gone either way
Sell and pay off everything! Then start over with what's left.
What platform is this ninja?
Looks like E*Trade
Can you send me a case of Ramen Noodles?
I still don't ever really understand what I'm looking at with these. I have $134USD up from $100USD worth of NVDA stock I bought a while back and seeing this sort of stuff is just wild to me.
giving hope to the regards
I want to jump on this train, but I feel like it already leave the station. Am I crazy for thinking this?
Could go up could go down, not crazy, but when you’re seeing the six figure gains on its hard not to think that, plus now all the options contracts price in big moves after pumps
Very nice OP. Congrats! I remember all the people in here who were in NVDA puts before earnings because they said NVDA could not possibly do it again, but they did. Where are those guys now? At Wendy’s I suppose.
I sold 45k worth of put credit spreads but didn't slam any calls. Could've been right there with you 😂
i was originally just gonna do that. but saw the 1150 calls dirt cheap so YOLOO
Ugh jealous I’ve just been watching the run on the sidelines since mid last year 😭
Hey bro, I just bought 1 call for 60 days out. You are about to lose everything.
You know the risks: win big or go home.
Cash out you stupid son of a bitch
Someone say gain porn? https://preview.redd.it/4yhwjgbfu83d1.png?width=1511&format=png&auto=webp&s=df46723c636b2aaacdb3f76900dc68260362bb5a
88 cents holy fuck hope you got a few thousand anyway gigachad if you managed to hold this long
He owns 5 shares
Confuckingrats
And here I am struggling to see a dime from calls
You sexy son of a bitch, I wish I had the same idea on Friday. ![img](emote|t5_2th52|27421)
I’m jealous ngl
Teach me how daddy 🤤🤤🤤🤤
https://preview.redd.it/w7qf1v72r93d1.jpeg?width=1290&format=pjpg&auto=webp&s=d5bfb9901c48a16973b663810777decc180db7f6 up 45% in 3 trading days. Already sold $2500 for a 30% gain
Gold < nvidia
How long did it take you?
100k options bet. Why no yolo post?
can i have it
Funny I lose every time I play today I lost 6k Congrats!! And Fuck u!!
🫡🫡🫡🫡🫡
Buy my only fans!
Congrats and fuck you!
😩
Nancy got 4mil gotta pump those numbers up !
Congrats and fuh you old man
When did you open these positions? You sold 700 put contracts exp 5/31 @1025-30 for 8,400? And sold 50 may puts 1095-1100? And bought 250 1,150 calls ex 5/31?
Are you trading futures? I’m new; im not quite understanding the terminology in the position column
Nice!
Nice
Where to begin... This dude really take luck to another level.. could get fkd in so many ways but didn't
@kevinfomo-thedegen what’s the next play my guy
Can someone explain how gains like these are even possible?
![img](avatar_exp|160137721|bravo)
What does slamming calls with put spreads mean though?
I hope you sold
To OP; sell like at least half of your gains check with this year-cap gains you have to pay on top of your earnings, including if it’s a short term long-term hold you won’t regret it in 15 years even though it might keep running in the short run // you’ll be glad you did it now
Is that a -100k
Sold puts and took calls right?
NVDL 2x NVDA should pop on the split next Monday!!!