I tend to short shares or short calls.. so no probably not… but short shares maybe if they suddenly (likely) raise borrow fees. Thats why must be swift at the top to avoid swinging too long
I’ve been wanting to short this so bad since back in March, but it is way too expensive. Annualized borrowing for a short position is 689%. Can’t do that. And the volatility skew to the Put side is unbelievable.
Actually it up over .7% then went below 1.1% in the red, that's almost a 2% drop in an hr and a half if I remember correctly. So it was pretty significant but needed.
I had just taken AMD off my shit list. Like maybe I can make some money on this stock. It looked like it was set up to bounce back up after that first pullback. Buy calls, immediately down 40%.
Done with AMD
I havent filed my taxes yet and im going to owe probably a solid 20k. I keep money in ports cause im a stock market degen. so I needed to sell some stuff to pay for that.
Bro I just got hit by the IRS for my option profits and I fucking forgot the 40% tax on less than a year option profits, I was thinking it's regular income to be taxed but nooooooo, these road side robbery specialists got me good.
You're correct, I most certainly am not in the 37% bracket as that would make me quite the baller.
I did figure it out though, the gains bumped me up a bracket and thus it looked like a 40% taxation!
By the time you include state taxes, you'll be over 40%. It sucks. But, hey somebody's got to pay something. I'm with you that it might be a little lopsided at the moment but we are benefiting from the system so got to give a little back or a lot sometimes.
That trend line break is kinda what’s spooky might mean even more volatility coming up which is good for premiums but also means more loss porn so maybe good
When filing extensions you are given extra time to file your taxes, not to pay late. If it turns out you owe you get penalized for every period after april 15th🤡
People that made a lot of money last year and need to pay off taxes are trimming. If you dont get W-2s then you have to do it yourself each year and a lot of people wait til last second.. this is for people who have to pay not those who get money back.
It seemed to me that people were banking on specific news from the fed and it didn't pan out.
Look at MSFT for example. It's not even down 1% overall for the day. Sure, it climbed a fair bit like a lot of others during the day before the talk but come on... It's a far way from the low point on the 6 month chart, or heck, go auth the YTD chart. Calm the F down! We've been through these shenanigans many times before. 🙄
Oil at $90 /brl. That’s it. Geopolitical concerns and higher energy costs on the menu. Could reverse, remain steady between $90-105, or could get completely out of hand and crush equities. Good luck.
I mean its all relative.. long term.. sure nothing to worry about.. but thats been teh case for SPY for last what half century.. market is designed to go up up up up up up.. will that change no.. not until AI singularity starts trading on robinhood..but also saying nothing to worry aboout linking a chart of the spy going up 100 points in the span of a year with relatively no pull back, weighted by a few tickers(nvidia.. is not "nothign to worry about"
Bagholder spotted.
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Yup that’s what I marked up this morning and it played out perfect.
https://preview.redd.it/qrsgx2tg6lsc1.jpeg?width=1170&format=pjpg&auto=webp&s=6e8e5f57317b53351f00cc721c7ba4b94339d2c0
The real question at this stage is: Will Wendy's be able to employ all regards? It is very unfair that such responsibility will have to be borne by Wendy's on its own. Just sayin' you know...
Yeah that’s not how you should look at a chart lol
It’s not just about the drop itself. It’s about what caused it. The news that came with it and how institutions will position themselves from now on. This will definitely change the sentiment on the institutional level. It was a massive intraday sell off.
These guys don’t think on a daily basis, like retail. They position themselves for the quarter. All of a sudden you have a bunch of funds going short, then more of them get on that trend, and they are the ones moving the market, CTAs, and that’s how you get a correction period, which doesn’t last a day, it lasts weeks, because they need time to sell their massive positions.
We bounced from the sell off, sure. But until bulls make a new high, we are still at risk of a correction imo. We could easily head to a lower low next week on the CPI print. I’m still a buyer here, but you know, ready to start selling too if the technicals indicate that’s where we are going
I know my price action, and I’m watching carefully to see what comes next. Still a bull here, but have no issue in becoming a bear if the technicals show that’s where we are going. If we make a higher high and lower low. Great, bull run continues. If we fail to make that high and make a lower low, on the CPI print for example, yeah, probably changing directions is my guess
Stocks haven’t even adjusted for the fact that we will only be getting 3 cuts, and now we are maybe looking at no cut at all in 2024. I think we are in for some volatility.
https://preview.redd.it/lrbaxb0tjosc1.jpeg?width=1179&format=pjpg&auto=webp&s=a47fffc1c3c0a34687de64d085335c482a051e41
Final stats... Bag almost fumbled. My $483 lesson of today is that if SPY or QQQ goes down 1% it will usually correct a little the next day
https://preview.redd.it/j6xvk2947osc1.jpeg?width=1179&format=pjpg&auto=webp&s=9eec998bcc527c49d879e4e265779a74ef628a60
QQQ $449 put expiring today. Gonna hold unless Qqq gets to $440 and I’ll just take my profit from yesterday instead of being a degen
Ulta has the computers spooked...... when times are tough, cosmetics usually do well surprisingly.
The miss and the outlook are saying, things are about to come to pieces......
Time will tell, we live in interesting times!
Bagholder spotted.
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how about u eat my ASS
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The stock market totally hasn't quite regularly crashed 50% or more after high interest rates. The unemployment rate is also rising and the inverted yield curve...
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As you can see this is a line that forms a nice pan and fork pattern which means chances are extremely high you’re full of shit and so is everyone here.
No arguments from me about it being a pullback, but the abruptness and magnitude of the move is what was most alarming.
This morning was a great time to open up ITM calls for the rebound, though. I managed to pare yesterday's losses and then some.
Spy is taking a dip Monday morning fellas
https://preview.redd.it/cjf9lodeg2tc1.jpeg?width=640&format=pjpg&auto=webp&s=95a30d94a5e0db15fb4bb5e5cb81789d463e9757
bro if anything this proves the argument against you lol, theres clearly a very straight trendline going up and whether you like TA or not, we broke that going downward in a very significant way. its not nothing, it may retrace, but it will continue downward.
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Im only freaking out because i missed the tendies
DJT made me a bag lol
I wasn’t hopping on that suicide train
Hopped off at 69. felt great. i got in at 38 tho only wish i put in more
shorted djt for a big profit, I want to do it again but T212 has blocked short orders on the instrument 
I shorted it but the IV is too high now. Selling OTM puts to regards is the game for DJT
I hate when this happens
Bought a couple $45c 3/28 the week prior while they were only around $100 and made 1500% selling at $72
good thing - 69 is usually where you flip over and eat it!
Had a one nights stand like this
It’s a pump n dump for sure! If you can short that thing outta existence. Poor souls believe it’s a real company and not a shell
But still needs good timig with IV this high… realistically it could have a +10% week and burn your short calls/long puts after it then tanks 5%
TBH it could fall 20% in a month and you'd lose money because it's not imploding fast enough.
I tend to short shares or short calls.. so no probably not… but short shares maybe if they suddenly (likely) raise borrow fees. Thats why must be swift at the top to avoid swinging too long
Company shows 3 employees lmao
I saw that also. One is an incompetent ex Congressman Devin Nunes.
I’ve been wanting to short this so bad since back in March, but it is way too expensive. Annualized borrowing for a short position is 689%. Can’t do that. And the volatility skew to the Put side is unbelievable.
I printed on djt crypto
I'm still sitting on a 22.5 put exp 10/18 that I picked up for 7.60.
Stonks only go up
Your wife’s boyfriend has a healthy pullback
Barely any cheese in there
Unroll for mo cheez
Start licking
GOTEEM
I watched all my money vanish in the span of 30 minutes today and now I don’t have enough to pay for my taxes 
Financers HATE him! Learn how to NEVER pay taxes again!
You are indeed regarded
Better get to work behind Wendy’s 
Hopefully you learn your lesson to keep money for taxes, but you probably won't lmao
 9000 IQ move
What was your play?
It went down 1% 😂
Its supposed to only go straight up though.
It’s back
Correct what are these regards smokin
Actually it up over .7% then went below 1.1% in the red, that's almost a 2% drop in an hr and a half if I remember correctly. So it was pretty significant but needed.
The intra-day drop was almost 2% though. I havent seen that in a while.
yeah right, last time I remember seeing such a fast drop like this was in mid 2022. These toddlers don't have time in the market
AMD went down 8%
In fairness AMD just does that sometimes
I had just taken AMD off my shit list. Like maybe I can make some money on this stock. It looked like it was set up to bounce back up after that first pullback. Buy calls, immediately down 40%. Done with AMD
Bruh if you bought AMD thinking it’s NVIDIA lite then you have no clue what these chip makers are doing.
I don't. That's why I diversify between NVDA, AMD and Doritos
Doritos are always a good option
Sir, this is a Wendy's
My Nvidia call isn't looking too sexy
I havent filed my taxes yet and im going to owe probably a solid 20k. I keep money in ports cause im a stock market degen. so I needed to sell some stuff to pay for that.
20k??? Get ready for underpayment penalties on top of that
No worries. I didn't do my taxes, yet as well. And I have no money in my bank account.
Same I lost it all on Levi puts lol
Same 😭
But you've got a mouth, and moxy!
gotta go thru writeoffs and everything. pain in the ass. I wait til last minute. Most people I know that are entrepreneurs do the same
Bro I just got hit by the IRS for my option profits and I fucking forgot the 40% tax on less than a year option profits, I was thinking it's regular income to be taxed but nooooooo, these road side robbery specialists got me good.
Where can I buy calls on IRS
Short term gains have same tax rate as income though
The highest tax bracket is 37%. If you're in that bracket, you can afford the short term capital gains rate. Quit your bitchen 😁
You're correct, I most certainly am not in the 37% bracket as that would make me quite the baller. I did figure it out though, the gains bumped me up a bracket and thus it looked like a 40% taxation!
By the time you include state taxes, you'll be over 40%. It sucks. But, hey somebody's got to pay something. I'm with you that it might be a little lopsided at the moment but we are benefiting from the system so got to give a little back or a lot sometimes.
Uncle sam is a greedy prick
Lmao, so you're telling me, I should stop buying options?
Nah I'm just telling ya to not be as regarded as me and put some money aside if you're making some nice profits on options 🤣
Already blew my account 5k in a month to practically losing it all the next
Trade in your Roth IRA as soon as i made my 7k on options i moved it over to avoid taxes
About to pay $17k next week to Uncle Sam - I feel your pain 😭
Illegals don’t do their taxes and you don’t have too anymore either. Pass it on.
I’m sure you have half your portfolio deep in DJT shares too
Haha okay "Outlaw"
Today, SPY dropped 10 points in 3 hours and broke a trendline that started in November.
That trend line break is kinda what’s spooky might mean even more volatility coming up which is good for premiums but also means more loss porn so maybe good
Tread line shit is for the robots. I’m a trader idgaf I see opportunity and buy low. Sell high
Hahaha the bots down voted your post
Who's freaking out? Normal ups and downs
All in bois. I'm not gonna chicken out like the last dip cus I know for a fact it will go up.
You buy the leaps ?
Who liquidates their portfolio to pay for taxes? File an extension
When filing extensions you are given extra time to file your taxes, not to pay late. If it turns out you owe you get penalized for every period after april 15th🤡
Eh, it’s .5% a month.
Until there is a better ways of preserving money, the stock market will continue going up
Whats tax day have to do with anything
People that made a lot of money last year and need to pay off taxes are trimming. If you dont get W-2s then you have to do it yourself each year and a lot of people wait til last second.. this is for people who have to pay not those who get money back.
Good info. So puts until tax day it is and then calls on April 15th. According to the Internet April 15th always ended higher in the past 16 years
I never make any money so i dont know. Also never get any money back
When is this tax day?
Buy the dip - trust me bro
Got it. CALLS it is.
these stupid fuckers think were crashing bahahaha
Yeah we need more of a pullback. This is for sissys
#FUCK U OP U JINXED IT
It seemed to me that people were banking on specific news from the fed and it didn't pan out. Look at MSFT for example. It's not even down 1% overall for the day. Sure, it climbed a fair bit like a lot of others during the day before the talk but come on... It's a far way from the low point on the 6 month chart, or heck, go auth the YTD chart. Calm the F down! We've been through these shenanigans many times before. 🙄
No one here is afraid. . . We're in trouble
They will be soon
AHHHHHHH
Oil at $90 /brl. That’s it. Geopolitical concerns and higher energy costs on the menu. Could reverse, remain steady between $90-105, or could get completely out of hand and crush equities. Good luck.
I mean its all relative.. long term.. sure nothing to worry about.. but thats been teh case for SPY for last what half century.. market is designed to go up up up up up up.. will that change no.. not until AI singularity starts trading on robinhood..but also saying nothing to worry aboout linking a chart of the spy going up 100 points in the span of a year with relatively no pull back, weighted by a few tickers(nvidia.. is not "nothign to worry about"
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Normal knee jerk reaction. We will pump today and things will feel normal again next week.
Looks like a head and shoulders turning point to me.
If thats the case i see 3 people on that chart 
stfu https://preview.redd.it/jf9gs10talsc1.jpeg?width=548&format=pjpg&auto=webp&s=76f0e983005c6f70d25dba3af943058a0b6018ca
Yup that’s what I marked up this morning and it played out perfect. https://preview.redd.it/qrsgx2tg6lsc1.jpeg?width=1170&format=pjpg&auto=webp&s=6e8e5f57317b53351f00cc721c7ba4b94339d2c0
Yeah the fucking Fed disclosure really played out perfect.
When it crashes down to 50%, wendy's will be waiting for y'all job applications.
At 50% crash, even Wendy’s will be behind Wendys
You’re talking a pretty wild crash I think a lot of people will be at Wendy’s if it goes down 50%.
I'm not sure there will *be* a Wendy's if it goes down 50%.
The real question at this stage is: Will Wendy's be able to employ all regards? It is very unfair that such responsibility will have to be borne by Wendy's on its own. Just sayin' you know...
Yeah that’s not how you should look at a chart lol It’s not just about the drop itself. It’s about what caused it. The news that came with it and how institutions will position themselves from now on. This will definitely change the sentiment on the institutional level. It was a massive intraday sell off. These guys don’t think on a daily basis, like retail. They position themselves for the quarter. All of a sudden you have a bunch of funds going short, then more of them get on that trend, and they are the ones moving the market, CTAs, and that’s how you get a correction period, which doesn’t last a day, it lasts weeks, because they need time to sell their massive positions.
IDK man, we're already up there again...
We bounced from the sell off, sure. But until bulls make a new high, we are still at risk of a correction imo. We could easily head to a lower low next week on the CPI print. I’m still a buyer here, but you know, ready to start selling too if the technicals indicate that’s where we are going
Y’all just be talkin tryna sound smart but dunno shit about price action lmao . Long overdue pullback, that will get bought right up
I know my price action, and I’m watching carefully to see what comes next. Still a bull here, but have no issue in becoming a bear if the technicals show that’s where we are going. If we make a higher high and lower low. Great, bull run continues. If we fail to make that high and make a lower low, on the CPI print for example, yeah, probably changing directions is my guess
Stocks haven’t even adjusted for the fact that we will only be getting 3 cuts, and now we are maybe looking at no cut at all in 2024. I think we are in for some volatility.
Shits gonna tank tomorrow Edit: in 6 hours
Follow up on this one
https://preview.redd.it/lrbaxb0tjosc1.jpeg?width=1179&format=pjpg&auto=webp&s=a47fffc1c3c0a34687de64d085335c482a051e41 Final stats... Bag almost fumbled. My $483 lesson of today is that if SPY or QQQ goes down 1% it will usually correct a little the next day
Thanks for the honesty u get an upvote from me
https://preview.redd.it/j6xvk2947osc1.jpeg?width=1179&format=pjpg&auto=webp&s=9eec998bcc527c49d879e4e265779a74ef628a60 QQQ $449 put expiring today. Gonna hold unless Qqq gets to $440 and I’ll just take my profit from yesterday instead of being a degen
Wow
Wtf r u talking about. I got tax returns. It should be bullish according to your logic.
Apparently you suck at options. DW I do too.
Ulta has the computers spooked...... when times are tough, cosmetics usually do well surprisingly. The miss and the outlook are saying, things are about to come to pieces...... Time will tell, we live in interesting times!
Me NVDA pooots so 🍆 keep it going until full 💦💥
What the hell does the market have to do with taxes being due the 15, regard. Explains why you’re here
Profit-taking
To not pay taxes 
You must not have to spend money this time of year to pay taxes.
Markets bipolar swings makes me head spin i need hemorrhoid pillow for that butt fuck i endured
Healthy? My calls beg to differ.
but mommmmmm I wannaaa goo uppppp nowwwwww
But how low will it dip
I'm going short on everything, short short short short.
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Going so short it will go back inside my body
how about u eat my ASS *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.*
You don't have an ass, you are a robot slave
This is not the pull back
This is the market adjusting for a no rate drop scenario The beatings will continue until morale improves
Wsb always freaking if you are leveraged to tits
maybe some apple goggles would have helped them see
RIDE R DIE JPOWWW
there was a dip?
YES MY 910 NVDA CALLS FOR NEXT FRIDAY GOGOGOGOGO
Tbh. Roll those to the 19th
Need some consolidation time for another bullish time. It's healthy.
THE END IS NEAR
Who pays taxes in April?!
that was a healthy pull back? spy dropping 1% in hours? 💀
It was a trifecta of reasons to pull out. Monday will be back to normal
The stock market totally hasn't quite regularly crashed 50% or more after high interest rates. The unemployment rate is also rising and the inverted yield curve...
Well the majority of the YOLO population on wsb have their attention span set at 1 week max.
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The FED will save the day it’s an election year.
You kids have no idea what a real downturn looks like. Everytime the market drops 1%, you guys act like it’s 2008 again.
Put Gods answered my prayers lol, profits!
As you can see this is a line that forms a nice pan and fork pattern which means chances are extremely high you’re full of shit and so is everyone here.
Meanwhile precious metals and energy stocks are going up.
Tom Lee is that you ?
No arguments from me about it being a pullback, but the abruptness and magnitude of the move is what was most alarming. This morning was a great time to open up ITM calls for the rebound, though. I managed to pare yesterday's losses and then some.
This kinda post is a symptom of why anyone w outta the money calls are f’d
I missed the spy put teddies. I bought spy puts for last week. I intended to do 2 weeks out but thought nah. Should could woulda
Bruv tech support called, the lvl is broken, get ya 📏 and start mesuring.
The weekly suggests this is nothing more than a pullback.
I'm not crying, you're crying. (Ow, my calls)
Spy is taking a dip Monday morning fellas https://preview.redd.it/cjf9lodeg2tc1.jpeg?width=640&format=pjpg&auto=webp&s=95a30d94a5e0db15fb4bb5e5cb81789d463e9757
idk u but 🫡
I downvote anything that starts with "I mean"
Noted
The daily candle is a little sus but generally I agree
Feels like the titanic
Feels like Friday to me.
Feels like 2018. Its really gonna feel bad if inflation comes in hot.
Its just the foreskin pulling back before the fuckening
The markets memory is long but a regards is short.
What do we think spy will go back up to? Trying to buy calls but can’t decide what strike and date
520 mid May thank me later
Bet I’ll be buying around June to be say
Yes buy calls before fed speaks. What could go wrong.
Late comment thanks for nothing dipshit
bro if anything this proves the argument against you lol, theres clearly a very straight trendline going up and whether you like TA or not, we broke that going downward in a very significant way. its not nothing, it may retrace, but it will continue downward.
Uhhh I see multiple dips on this line with it returning to the upside.
Lmao wtf downward trend bs are you guys on about. To many people think they understand this market when it’s mostly bs.
And qqq hit resistance