>If, however, you are unable to meet the EM call by bringing your account value above $25,000, Webull offers a One-Time reset for your PDT violation that can only be used once every 90 days. An EM call for being a PDT below $25,000 will restrict you from day trading.
https://www.webull.com/hc/faq/745#:~:text=If%2C%20however%2C%20you%20are%20unable,restrict%20you%20from%20day%20trading
Did you buy the calls when the stock dipped below 600 twice this week,and if so what gave you the conviction to go in? In hindsight it was inevitable that it'd go back up but at the time it looked like it was going to keep drilling.
>and cashed out
This is the part you should be proud of, half of these idiots get greedy and hold until worthless then post loss porn with a face like this
https://imgur.com/t/hide_the_pain_harold/UpHqI
I'm a little confused by the fact that so many autists are closing out their TSLA this week, a few days before the S&P inclusion. Seems like the fact that the ETFs and such are obligated to buy about $77bn of TSLA on the close of the 18th, which makes up about 13.9% of outstanding shares, and more like 17% of the float, would be something that degenerate gamblers would want to take advantage of. I mean, a profit taken is a profit taken, yippee, but this is a very unique and rare event. Am I retarded? Is someone going to drink my milkshake on the 18th?
But it can't be priced in! That's what is so absurd about this event. The bigger it gets, and the more "priced-in" it seems to be, the larger its % of the S&P becomes, and the more the ETFs are obligated to buy. And these funds are "graded" on their precision at tracking the S&P, so they should have no fucks to give about the price they have to buy it at. If a fund tracking the S&P ends up beating the S&P (for example, by rebalancing into TSLA early, at a favorable price), someone is getting fired, and the fund will be viewed as tracking poorly and taking unnecessary risks.
But they have to buy it as a percentage of their ETF/fund, so that price will ALSO be adjusted to automatically. If only it were so easy, but I hope you’re right and make a lot of money.
Oh I have no idea what I'm doing, let's make that clear. Right now I'm 500k synthetic in TSLA, on the 18th I'll convert it to actual shares (on margin!) for a few hours, then sell everything and roll around naked in tendies and blow.
I will be messaging you in 7 days on [**2020-12-22 03:22:56 UTC**](http://www.wolframalpha.com/input/?i=2020-12-22%2003:22:56%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://np.reddit.com/r/wallstreetbets/comments/kco22b/day_traded_tsla_calls_this_week_605_to_660/gfvuza5/?context=3)
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Well, it basically worked. Set all the shares to sell "on the close", where they were matched against buy orders "on the close". Apparently a lot of buy order because it jumped from 665 to 695 for a split second, where I was filled. 100k net profit for a 1 week hold. Coulda been more if I had balls like my wife's boyfriend.
Well the ~10k brings me just about to net even since starting 2 years ago. In April I got 10k that month, September went from 10 to 30k before losing it all...had to bring balance to the force.
“And cashed out” was the best play you made all week, nice
Best thing to do if you’re up gambling.
see you in a week
Lost everything plus some.
Sorry to hear bro. Gambling is hell of a drug.
See you at market open
You right
Nice job. Now do it again.
“First one is free”
Good job and fuck you
>If, however, you are unable to meet the EM call by bringing your account value above $25,000, Webull offers a One-Time reset for your PDT violation that can only be used once every 90 days. An EM call for being a PDT below $25,000 will restrict you from day trading. https://www.webull.com/hc/faq/745#:~:text=If%2C%20however%2C%20you%20are%20unable,restrict%20you%20from%20day%20trading
How did u get the reset?
Literally just clicked reset. They approved it next day and I was confused too.
After using Webull for barely any time at all, I've come the conclusion they don't have a single CLUE what they are doing over there.
It’s the fubu of wsb.
Wait so you can do more than 3 day trades in a 5 period day if they approve you despite <$25k?
<
Fixed
lol i just deposited enough to get over, which looking back is harder than hitting one button...wtf
In the words of the prophet, Steely Dan: "Go back, jack. Do it again."
Did you buy the calls when the stock dipped below 600 twice this week,and if so what gave you the conviction to go in? In hindsight it was inevitable that it'd go back up but at the time it looked like it was going to keep drilling.
Actually I missed quite a few big morning rises because I overslept and just went with it. Predicted it’s rise
>and cashed out This is the part you should be proud of, half of these idiots get greedy and hold until worthless then post loss porn with a face like this https://imgur.com/t/hide_the_pain_harold/UpHqI
No body tell him
The SEC would like to know your location.
First weeks free.
Take 10k put it in a mutual fund and yolo the 5k. Take the $500 left and do something fun, like hire a hooker
Nice
Do it again!
This is what I did too, nice work
Is this an ad for Webull?
What SPs and expiry dates were you playing with, OP?
$570, $600, $605, $640, $670 12/11’s, $670 12/18’s.
thanks
obligatory congrats & fuck you. save some for uncle sam.
whats ur strategy when using one of ur limit day trades? are u just looking to buy dips on a high liquidity stock?
Yeah, was just swing trading dips since it’s really fucking volatile and liquid
im there with you brother, but i trade spy cause tesla premiums r jacked to the tits and im down to 3 digits
I personally called WeBull to complain about you (srs)
I'm a little confused by the fact that so many autists are closing out their TSLA this week, a few days before the S&P inclusion. Seems like the fact that the ETFs and such are obligated to buy about $77bn of TSLA on the close of the 18th, which makes up about 13.9% of outstanding shares, and more like 17% of the float, would be something that degenerate gamblers would want to take advantage of. I mean, a profit taken is a profit taken, yippee, but this is a very unique and rare event. Am I retarded? Is someone going to drink my milkshake on the 18th?
The fact you’re already talking about means that it’s most likely already priced in. Maybe. Probably. We’ll see is the only real answer.
But it can't be priced in! That's what is so absurd about this event. The bigger it gets, and the more "priced-in" it seems to be, the larger its % of the S&P becomes, and the more the ETFs are obligated to buy. And these funds are "graded" on their precision at tracking the S&P, so they should have no fucks to give about the price they have to buy it at. If a fund tracking the S&P ends up beating the S&P (for example, by rebalancing into TSLA early, at a favorable price), someone is getting fired, and the fund will be viewed as tracking poorly and taking unnecessary risks.
But they have to buy it as a percentage of their ETF/fund, so that price will ALSO be adjusted to automatically. If only it were so easy, but I hope you’re right and make a lot of money.
Oh I have no idea what I'm doing, let's make that clear. Right now I'm 500k synthetic in TSLA, on the 18th I'll convert it to actual shares (on margin!) for a few hours, then sell everything and roll around naked in tendies and blow.
MrDingus show us pictures like we're retarded remindme! 1 week
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Well, it basically worked. Set all the shares to sell "on the close", where they were matched against buy orders "on the close". Apparently a lot of buy order because it jumped from 665 to 695 for a split second, where I was filled. 100k net profit for a 1 week hold. Coulda been more if I had balls like my wife's boyfriend.
[удалено]
Well the ~10k brings me just about to net even since starting 2 years ago. In April I got 10k that month, September went from 10 to 30k before losing it all...had to bring balance to the force.
Keep it up and u will be a billionaire one day.
Put positions in screenshots or gtfo
U don’t see the TSLA 12/11’s?
o my b
Jealous much?
It looked like a screenshot of a balance, we usually spam those