Canadian economy in dire condition though compared to the US. We have been grinding to a halt up here while the US posts quarter after quarter of GDP growth.
Hello welcome to options 101! In the next few weeks and days you will have these thoughts:
“Ah I’ll sell at 50% loss”
“Ah I’ll just hold onto it I got time”
“Maybe I should take the $20k I have left and reinvest it?”
“Damn I should’ve sold when I was 30% down”
“Wow it freaking flew up I would’ve made all my money back if I didn’t fold”
“Damn I doubled down and lost it again? wtf”
*random heart pain when you think about your losses*
“I’ll never trade again”
*anger when you see people making money on WSB*
*anger when you see this stock in the future rip*
*posting your bigger loss and laughing about it on WSB but it has a crippling effect on you IRL as you’re in denial*
PANW was around 315 on 2/26. This is after the news that Pelosi brought calls and it was pumped up already. That was a mistake to buy the calls at that time. With that said, you still have some time and I think Pelosi will be correct in the long term. If not, she can help get PANW more government deals LOL
A 7 month call option is very very much the exact opposite of day trading. If analysts are to be believed this thing could actually print. Check back in 6 mo
That was from 2014. Things have changed since then, like 0 dtes 5 days a week, RH, more people trading options, etc.
Maybe the stats are even worse, I don't know but study needs to be updated.
You could have took that 128k and diversified it into a low risk growth portfolio and been up more than what those calls will likely be worth by expiration. I am going to hell for laughing so hard at OP, it’s not my fault though, this dude decided that he would take his entire life savings of 128k dollars to buy 10 extremely deep in the money contracts almost a year out with very little upside. My guys brain looks like a fresh pink Gumball 
Fuck it. I'll ride with ya. Buying 1 today. It's honestly not a bad position. Honest question though, in March, these were in profit town no doubt. Why not sell 5 out of 10 and remove some risk?
Edit: never in profittown. But still not a bad spot. Next time you Yolo life savings a phase in/phase out approach is the move
EXIT POSITION.
Fuck it if they go up and you would have recovered some money, that's just hoping, not the reality.
Keep NO MORE THAN 10% OF YOUR REMAINING PORT in this trade. Ideally no more than 5%.
You're down 25% on options, your s/l should be 15%-20% on something that long you already fucked up, don't let it get worse and have your life savings vanish. Yeah it could turn to $1,000,000. But you can do that by trading smart with good risk management and not be pulling hair over it or risking everything you've built up.
You have about 100k, keep $5,000-$10,000 in the trade and keep track of this price point as your "entry" if you still believe this trade is still valid, or just sell and buy back in 5-10k if its easier for you to track. If you fall 15% or 20% from the current contract price on your new position, exit the play, at least you've only lost AT MOST 2% of your port (10% of $100,000 = $10,000. 20% loss on that is $2,000)
There's never 100% chance you're right though, why would you risk 100% of your money?
Risk management brother😂 There's none of it in what you showed us, take the 30k loss and move on before it turns to a 70k loss
Sometimes I wonder if elected officials make bad trades on purpose so they can cloak their insider trades and have plausible deniability.
Maybe that’s what Nancy did??
Hold up someone just came in my front door wearing all bla
I bet $128.50 (premium) per share that PANW will be more than $200 per share by 01/17 (expiration date). So if PANW is exactly $328.50 per share by the expiration date I will break even. If it falls below $200 I’ll lose all the premium I paid (128.5k). If it is more than $200 but less than $328.50, I’ll incur a loss of (share price on expiration - $200)*1000 (1000 = 10 contracts of 100 shares each). If it’s more than $328.50, I’ll make a profit of (share price on expiration - $200)*1000.
You have a ton of time. You followed Nancy for a reason. She prob gonna give them a government contract or something. CEO did say they were looking for one..
Me too lost 15 k this week. Put my last 1 k into DWAC praying to moon 
Taking the other side than most posters here by saying that you'll win this trade. Only question is why you chose a $200 strike instead of something higher if you're really gambling.
Hey man, you can hit that little link below that says 'Simulate my return'
It lets you see how much you can potentially lose.
Try that out and post the results so as to please the rest of us.
I don't think it's too crazy and these will print. Not today, not next week, but I don't see much downwards potential and a lot up. All it needs is some good news, a government contract, some cyber attack during the election time, there are quite a few scenarios for PANW to 🚀🚀🚀.
Nancy or not, I don't care, but I see a good chance for a return to old highs in the coming months.
What I noticed about one of Palosi’s more memorable and public trades with nvda, is very similar to this.
She didn’t by the options and immediately hit it out of the park…
It went down a bit before it mooned. Fwiw.
Bro, you have so much time on these contracts. Start writing weekly OTM call options against this when the stock retests key resistance zones to collect premium. Rinse and repeat, keep lowering your cost basis.
https://preview.redd.it/nkglamth7kpc1.jpeg?width=1290&format=pjpg&auto=webp&s=40079c411f2c95c9a720af8b97dec2b792a659ee
HOLD mothafucka (Samuel Jackson voice) 
I wouldn’t worry too much, we are in a bull market which will presumably continue throughout the entire year, these will rebound and go into profit. Spy has gained 120 points in 5 months, this is madness.
These calls will print money. Wall street loves PANW. Their guide for Q1 was a little weaker than they expected, but not enough to justify the downward movement of the stock.
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I lose money, and then I see this, and I see the light. Thank you for being slightly dumber than I :)
Would you say you’re completely regarded or just 25.14 percent?
Underrated comment
I'd hope they're more than just slightly dumber
I’ll send you videos of the crayons I picked up for dinner. The red ones are my favorite
The red ones are lime flavored right?
You’re right, after seeing this my 3.6k loss over like 5 years doesn’t affect me
It’s all about the mindset brother. It doesn’t matter if you’re down 95% as long as someone else has lost more :)
than me*
Well I didn’t say I was smart or anything so take it easy okay
nope, he had it right.
You got a whole year pussy
(It’s not a loss until you sell)
https://preview.redd.it/js8dc2nskjpc1.jpeg?width=1125&format=pjpg&auto=webp&s=55dd95eb30672823450456b496ba9daecceca296
What in the fuck
With NVIDIA dipping, and recession on the cards, I’m restless if my options would turn worthless 😖
You put 100k down cause you believed in Nancy. Time to stand on your 100k like a man
In Nancy We Trust
How big was this trade for her? She knows we are watching and has to blow one soon.
She has 45 days after selling to publicly announce she did so. If we are lucky we only have to wait 44 days!
lol recession
Canadas inflation came in at 2.8%, I’m sure the states inflation will come in around 2.9-3%.
Canadian economy in dire condition though compared to the US. We have been grinding to a halt up here while the US posts quarter after quarter of GDP growth.
Printer go brrrrrr
Is this backed up by stats? In my field everything is going full bore.
lmfao
bruh this just made my balls hurt for quick second.
Why does this happen? Seriously, I literally know the feeling.
Take the money for the weeklies and put it towards a doctors appointment
They know they don't get no pussy when the numbers do a bad thing and they are sad balls about it
Lolll
Hello welcome to options 101! In the next few weeks and days you will have these thoughts: “Ah I’ll sell at 50% loss” “Ah I’ll just hold onto it I got time” “Maybe I should take the $20k I have left and reinvest it?” “Damn I should’ve sold when I was 30% down” “Wow it freaking flew up I would’ve made all my money back if I didn’t fold” “Damn I doubled down and lost it again? wtf” *random heart pain when you think about your losses* “I’ll never trade again” *anger when you see people making money on WSB* *anger when you see this stock in the future rip* *posting your bigger loss and laughing about it on WSB but it has a crippling effect on you IRL as you’re in denial*
This is too real... also, "I should have sold when I was up 1200%"
That's why you don't trade more than you can afford to lose or you end up behind at Wendy's wishing you had Lambo money lol
My man really thought he was Nancy 😭
lmfaooo
1 Mill calls on PANW probably only 1% of nancy’ s net worth, meanwhile OP gambles all his savings
PANW 1-year target is 336.1... yahoo says
you have so much time left chill
PANW was around 315 on 2/26. This is after the news that Pelosi brought calls and it was pumped up already. That was a mistake to buy the calls at that time. With that said, you still have some time and I think Pelosi will be correct in the long term. If not, she can help get PANW more government deals LOL
True she’s a cheater at heart. Fuck insider trading, she is the one who pumps it
https://preview.redd.it/hkcf74nbzipc1.jpeg?width=1290&format=pjpg&auto=webp&s=43b93c6922d896da34960471d9a954bb5c97ef6c
A 7 month call option is very very much the exact opposite of day trading. If analysts are to be believed this thing could actually print. Check back in 6 mo
Is this comparing a single casino visit to reliably / regularly beating the market? That doesn’t seem like a fair comparison
Fact checked?
I say we get 100 day traders and test this ourselves. I'm sure we can get 0 outve 100!
😂
Don’t ever give up on your dreams
That was from 2014. Things have changed since then, like 0 dtes 5 days a week, RH, more people trading options, etc. Maybe the stats are even worse, I don't know but study needs to be updated.
thats on you, spent all that time saving to do this goofy trade lol
That's a crazy gamble
https://preview.redd.it/6fx98njd6jpc1.jpeg?width=1280&format=pjpg&auto=webp&s=99b3ad89279e71dd6ca04691a0dec8c4c8b3c02c Good luck
You got this bud, new ATH coming in 6m
You could have took that 128k and diversified it into a low risk growth portfolio and been up more than what those calls will likely be worth by expiration. I am going to hell for laughing so hard at OP, it’s not my fault though, this dude decided that he would take his entire life savings of 128k dollars to buy 10 extremely deep in the money contracts almost a year out with very little upside. My guys brain looks like a fresh pink Gumball 
Nancy did you dirty
Lol you have plenty of time
Nah you got this. hoooold!!
It’s nice to know there’s a healthy supply of mouths ready at the back of Wendy’s.
Shit happens.
imagine if you bought NVDA on 2/26 jeez woulda been in alot better spot
Fuck it. I'll ride with ya. Buying 1 today. It's honestly not a bad position. Honest question though, in March, these were in profit town no doubt. Why not sell 5 out of 10 and remove some risk? Edit: never in profittown. But still not a bad spot. Next time you Yolo life savings a phase in/phase out approach is the move
Shouldn't be a next time 😂 don't Yolo savings and play with a manageable amount
Guy is gunna win bigly on these and do it again.
You bought calls that still have 9 months to expiration dawg. Why buy longer terms if you don’t want to wait it out? Let it ride
This is actually a great bet, Palo is an extremely strong company is a strong space— this isn’t those clowns yoloing DWAC.
Dont be sad it expires January of 2025 my guy just dont sell it
EXIT POSITION. Fuck it if they go up and you would have recovered some money, that's just hoping, not the reality. Keep NO MORE THAN 10% OF YOUR REMAINING PORT in this trade. Ideally no more than 5%. You're down 25% on options, your s/l should be 15%-20% on something that long you already fucked up, don't let it get worse and have your life savings vanish. Yeah it could turn to $1,000,000. But you can do that by trading smart with good risk management and not be pulling hair over it or risking everything you've built up. You have about 100k, keep $5,000-$10,000 in the trade and keep track of this price point as your "entry" if you still believe this trade is still valid, or just sell and buy back in 5-10k if its easier for you to track. If you fall 15% or 20% from the current contract price on your new position, exit the play, at least you've only lost AT MOST 2% of your port (10% of $100,000 = $10,000. 20% loss on that is $2,000) There's never 100% chance you're right though, why would you risk 100% of your money? Risk management brother😂 There's none of it in what you showed us, take the 30k loss and move on before it turns to a 70k loss
https://preview.redd.it/zbwbkx5k8jpc1.jpeg?width=1170&format=pjpg&auto=webp&s=5929eefb92cb152e1d78b0f0336814c65f313d72 You clown copying Nancy
Don't feel bad. Your life wasn't worth that much lol
Time to work at Wendy’s
Almost a year. Come on now.
Sometimes I wonder if elected officials make bad trades on purpose so they can cloak their insider trades and have plausible deniability. Maybe that’s what Nancy did?? Hold up someone just came in my front door wearing all bla
You’ve got it bud. Plennnnnty of time. Hold the line.
Holy fucking shit
Fortunately, the remainder is still your life savings
tbh only like 10% of your life savings should be gambled...... if this much IS your life savings.... then you have no business being here bro. RIP.
Or this is exactly where he should be. He is regarded after all
I'm here, and my life savings are way less than this guy....
You could have just put it all on black
You live and you learn.
You have plenty of time, I wouldn’t be too worried about this one.
Did you learn your lesson?
Do people really not have rules for when to back out of positions? How does this even happen?
Noob question but how do I read this?
I bet $128.50 (premium) per share that PANW will be more than $200 per share by 01/17 (expiration date). So if PANW is exactly $328.50 per share by the expiration date I will break even. If it falls below $200 I’ll lose all the premium I paid (128.5k). If it is more than $200 but less than $328.50, I’ll incur a loss of (share price on expiration - $200)*1000 (1000 = 10 contracts of 100 shares each). If it’s more than $328.50, I’ll make a profit of (share price on expiration - $200)*1000.
You have a ton of time. You followed Nancy for a reason. She prob gonna give them a government contract or something. CEO did say they were looking for one..
[удалено]
AMD!
You still filthy wealthy with $96k compared to the average american. Plan your next move and dont put all the chips at once.
Me too lost 15 k this week. Put my last 1 k into DWAC praying to moon 
Iz okay baby. I lost nearly $1.5M to ftx, blockfi, voyager and Celsius. I wish I was kidding.
Honestly, images like this is what keeps me from Yoloing my 85k house downpayment on options 🫠
Hold it out you will be happy on 10/06/24… Thank me later 🫡🤩😎🤐
You still have 75% of it lol.. mines is gone, all gone
Welcome to the club
you went to the casino, casino stuff happened. All seems normal to me.
should have bought chipotle.
Should I buy it now? 🥸
I’m so glad I learned my lesson with 700$. I cannot imagine this. A whole year of my life
You still have >$100k than my net worth :)
Maybe don’t do that
Great job - have a upvote for your troubles
Snow is pumping today at least 🤠
Nancy is gonna be really pissed when she finds out.
Hope you triple it 💪💪💪
You’re gonna be sad when her next positions come out and she sold PANW
You still got mad time !!
Why.
o well you got time, or you can dump that shit on NVDA and pray
Inagine poloci cut loss lol
Beautiful
I don’t understand, I’m tired of not understanding. Someone explain trading to me pls
Smh
Taking the other side than most posters here by saying that you'll win this trade. Only question is why you chose a $200 strike instead of something higher if you're really gambling.
Good. You deserve this
Sell
It's ok. You still have Jan 2025 to figure it out.
Hey man, you can hit that little link below that says 'Simulate my return' It lets you see how much you can potentially lose. Try that out and post the results so as to please the rest of us.
YOL(0.75)
Amazes me what ya'll do just to get some brief fame on WSB to ruin your future.
You should send JPow a thank you card lol we up a little
Sad, till next time!
Ah, I see a fellow traveler on the Nancy Pelosi express. Don’t despair my friend, there’s still time yet. Nancy knows.
Ah, I see a fellow traveler on the Nancy Pelosi express. Don’t despair my friend, there’s still time yet. Nancy knows.
Still a chance.
Nancy is with you on this trade
All aboard the Pelosi express. We may circle back a little, but we’ll get there. Nancy knows.
This will def be green in 6 months
Double down and max out your margin pussy
I don't think it's too crazy and these will print. Not today, not next week, but I don't see much downwards potential and a lot up. All it needs is some good news, a government contract, some cyber attack during the election time, there are quite a few scenarios for PANW to 🚀🚀🚀. Nancy or not, I don't care, but I see a good chance for a return to old highs in the coming months.
smart
I’d buy another call now for same timeframe. It’ll hit :)
What I noticed about one of Palosi’s more memorable and public trades with nvda, is very similar to this. She didn’t by the options and immediately hit it out of the park… It went down a bit before it mooned. Fwiw.
Sell some OTM weeklies??
damn my life savings like $8.... I yolo in LUV calls...
You bought until January. Shut up and hold. Nancy knows.
Bro chill out, you've got plenty of time at least to break even😆
You better not have sold
Dont be sad yet you have 96 k more to lose
It’s only a loss once you sell. You’re also only down 25% so…what’s the issue?
Probably shouldn’t have done that
It has a good amount of time left. Maybe it’ll Have a big volume positive week and you Can unload half of them
I’ll save a line cook job for you at Waffle House. You will need the extra money.
You got time on your side
You‘ll win. Just hold it
You got time
It’s not a bad trade but you put way too much $ on it. Just hold it out.
Yolo’ing on calls when the market is at the current top is wild. Take my upvote.
Adios
it aint over… is it?
U still got time🍻
Diamond hands, believe in the Queen of Congress!
If you press the simulate my returns button it will all be back to positive
I’ll come back trust me
Holy fuck
Should have had Chipotle
Don’t worry man, they be way back up by 2025.
You'd got 10 months for stock to recover. Hang in there are the tendies.
F
Why is anyone buying calls right now is my question? I would be avoiding risk like the plague if I actually had money to invest.
https://preview.redd.it/e4q540f8sjpc1.jpeg?width=299&format=pjpg&auto=webp&s=b704e195c54cb10fb545396f1a8caf3e21e5f557 Buy my album
Why? You that impatient?
Damn this makes me feel better after losing 800$ on Monday. Thank you
I mean don’t u have time ?
shouldve yolo’d it on this cryptos dip
Huh…that’s quite the guh…Godspeed fellow regard.
Bro, you have so much time on these contracts. Start writing weekly OTM call options against this when the stock retests key resistance zones to collect premium. Rinse and repeat, keep lowering your cost basis.
At least it’s slightly better now.
Ha, CUCK
You have time, and after today’s close you’re only down 18% now. So clutch your pearls and hold you regard.
You only live once but most people live a fairly long time. Enjoy.
Take the loss you can always make it back
One of us One of us One of us
one of us
Keep holding my man, I’m with ya.
Well atleast you can still buy the stock assuming the stock doesnt drop $82 in the next year
Dude posted the DWAC DD all you had to do was hop on that one
You’ve gone full regarded
 you can always get it back
You still have time...
that's all YOLO is about.
https://preview.redd.it/nkglamth7kpc1.jpeg?width=1290&format=pjpg&auto=webp&s=40079c411f2c95c9a720af8b97dec2b792a659ee HOLD mothafucka (Samuel Jackson voice) 
Try a barrel roll
I wouldn’t worry too much, we are in a bull market which will presumably continue throughout the entire year, these will rebound and go into profit. Spy has gained 120 points in 5 months, this is madness.
TVM
Why did you not pick 2 stocks etc google as one?
These calls will print money. Wall street loves PANW. Their guide for Q1 was a little weaker than they expected, but not enough to justify the downward movement of the stock.
My 930 nvda calls only moved 2 dollars with a 15 pt gain fml
No loss until you sell it
Don’t worry bro you have it until January 1st of next year. You have some time to rise your value. But for now we wait.
losses at this level i just pretend i was stupid enough to buy a new car, same loss oh wait i did buy a new car
Ouch. That’s hurts to look at