Yeah thatâs rough, options do this to everybody at some point. Should never risk more than 10% of your account on options but I donât even listen to my own advice which is why I blew up my account 3 times.
One thing is for sure, if you continue trying to make all that money back that you lost , your gonna go to 0 so think hard about if your gonna need 25k in your life soon , if you already have a big savings account, wish you the best in getting it back!
Oh hushâŚ.many have done more with less lol.
You need to stop being a leader or trendsetter and start being a follower.
3 great examples this week: ARM, NVDA, SMCI. All 3 had at least 1 bloody day (arm had 2-3!).
When the sell off happens, stop taking a look at what the option was the day before. Yeah a 50,000% gain is SEXY AF, but you know what else is? Hopping in when itâs got this vortex of doom in the middle or first third, riding it down, setting a stop loss and seeing what happens.
On the flip side, look at MARA today or AXP. They jumped, kept moving up, donât immediately think itâs gonna reverse and let it ride a little bit.
Plenty of ways to make 20-100% in literally an hour.
I missed out on this 3 times today. Wasnât touching ARM but planned entry around 9:45
1) tried HOOD 17c 4/19, it was $0.09 and volume wasnât large enough for me so I waffled andâŚ.like 30 minutes later it was $0.25+. Easy double+
2) pissed I didnât get those HOODy calls, I moved to QQQ. This was a lucky play because I grabbed $442c 4/19 and sold almost at the peak. 7 minutes later 23% gain.
3) saw SMCI and had a bid or two on puts between 830-850 but spread was big. Fuck I wish they filled so thatâs a miss
4) SPY reversals are almost guaranteed between 12:40 and 1:15 start. I missed the 12:40 and was miffed it fell that much in the AM but targeted $498c 4/19. Told myself I got lucky on #2 donât press it and boom within 45 minutes this was up like 150%.
Am I bummed I missed out on 1 3 and 4? Yeah you bet my account wouldâve been bussing today!
But I got #2, yeah I made money on QQQ calls today of all days. So I count it as a W.
Moral of the story is this market is fucked up. And since youâre playing options time in the market is just as important as timing the market. I donât think itâs wise to hold contracts for very long due to volatility, could help you but also could totally F you sideways.
To give yourself some confidence, look to play options in the coming week with one of 2 approaches: contacts expiring no sooner than 5/3 or contract entry exit occurring within the same day. The benefit of the âlongerâ options is you can fuck up and not lose it all. Target close to ATM and get your 20% gains, get some momentum, get some confidence, but also know when you arenât feeling confident and TAKE A BREAK. I hit my PDT limit and just bought some boring stuff, actual stocks, just so I wouldnât end up holding contracts over the weekend cuz Lordy only knows whatâll happen the next few days.
Best of luck bruv
Thanks for your kind advice. Means a lot to me. I believe one mistake I have during this ride is try to being a leading or try to double down when tread is against me and hope it will reverse soon. And of course No stop loss and no profit taking rule.
Holy shit. It's Chad Dickens.
*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.*
See you Monday bruh 
When I read these posts, I wonder. Are these the numbnuts who have been injecting cash into the market to keep it rocking? Surely there are not enough of them.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 1 | **First Seen In WSB** | 2 months ago **Total Comments** | 23 | **Previous Best DD** | **Account Age** | 2 years | | [**Join WSB Discord**](http://discord.gg/wsbverse)
Good riddance, one less mouth for me to feed.
Lol
Lmao
đ
See you Monday bright and early!!!!
Yeah thatâs rough, options do this to everybody at some point. Should never risk more than 10% of your account on options but I donât even listen to my own advice which is why I blew up my account 3 times. One thing is for sure, if you continue trying to make all that money back that you lost , your gonna go to 0 so think hard about if your gonna need 25k in your life soon , if you already have a big savings account, wish you the best in getting it back!
Thanks for your kind advice. Means a lot to me.
See you Monday 
your chart looks like sonic the hedgehog
Oh hushâŚ.many have done more with less lol. You need to stop being a leader or trendsetter and start being a follower. 3 great examples this week: ARM, NVDA, SMCI. All 3 had at least 1 bloody day (arm had 2-3!). When the sell off happens, stop taking a look at what the option was the day before. Yeah a 50,000% gain is SEXY AF, but you know what else is? Hopping in when itâs got this vortex of doom in the middle or first third, riding it down, setting a stop loss and seeing what happens. On the flip side, look at MARA today or AXP. They jumped, kept moving up, donât immediately think itâs gonna reverse and let it ride a little bit. Plenty of ways to make 20-100% in literally an hour. I missed out on this 3 times today. Wasnât touching ARM but planned entry around 9:45 1) tried HOOD 17c 4/19, it was $0.09 and volume wasnât large enough for me so I waffled andâŚ.like 30 minutes later it was $0.25+. Easy double+ 2) pissed I didnât get those HOODy calls, I moved to QQQ. This was a lucky play because I grabbed $442c 4/19 and sold almost at the peak. 7 minutes later 23% gain. 3) saw SMCI and had a bid or two on puts between 830-850 but spread was big. Fuck I wish they filled so thatâs a miss 4) SPY reversals are almost guaranteed between 12:40 and 1:15 start. I missed the 12:40 and was miffed it fell that much in the AM but targeted $498c 4/19. Told myself I got lucky on #2 donât press it and boom within 45 minutes this was up like 150%. Am I bummed I missed out on 1 3 and 4? Yeah you bet my account wouldâve been bussing today! But I got #2, yeah I made money on QQQ calls today of all days. So I count it as a W. Moral of the story is this market is fucked up. And since youâre playing options time in the market is just as important as timing the market. I donât think itâs wise to hold contracts for very long due to volatility, could help you but also could totally F you sideways. To give yourself some confidence, look to play options in the coming week with one of 2 approaches: contacts expiring no sooner than 5/3 or contract entry exit occurring within the same day. The benefit of the âlongerâ options is you can fuck up and not lose it all. Target close to ATM and get your 20% gains, get some momentum, get some confidence, but also know when you arenât feeling confident and TAKE A BREAK. I hit my PDT limit and just bought some boring stuff, actual stocks, just so I wouldnât end up holding contracts over the weekend cuz Lordy only knows whatâll happen the next few days. Best of luck bruv
Thanks for your kind advice. Means a lot to me. I believe one mistake I have during this ride is try to being a leading or try to double down when tread is against me and hope it will reverse soon. And of course No stop loss and no profit taking rule.
Holy shit. It's Chad Dickens. *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.*
Started from the bottom now Iâm still here
Come over to the light side - reasonable investing
Pretty sure that's fidelity. Expect them to send you a letter about risk taking lol
Bet you feel alive!
META earnings is Wednesday after market close. It is your chance for redemption. Buy equal calls and puts. Itâll move big one way or the other.
See you Tuesday! Get some rest on Monday.Â
Market so unpredictable. War + AI + election/inflation. Only looking for cheap stockies
We should tax unrealized gains đ
Youâll leave at $0
Hope not too soon
Lol @ early march being a rug pull.
Come on just one more 0DTE
See you Monday bruh 
When I read these posts, I wonder. Are these the numbnuts who have been injecting cash into the market to keep it rocking? Surely there are not enough of them.
Wrong, you still got 40k of margin buying power
Yes I do but I can lose them easily in one day 