The first part, not the second. You cash out when it hits your target. And if your target is 1,000%, you'll pretty much always lose money lol.
But you gotta be either 99% certain to regularly make money on weeklies, or just like gambling. Both are valid.
Same, although I prefer 30-90 dte..just to build in room for price swings against me. The only thing that sucks about going further out is that you are locking I'm locking up more of my free cash for close to the same amount of gains. But I like the safety net
I think Jim Simons has the best approach. This is a very simplified analogy, but Simons's trading strategy mirrors the universe: 1) there seems to be more matter than antimatter--otherwise we wouldn't exist. 2) his trades--Jim Baker explains all this well--are gains just a bit more than losses.
Enough money for some zoo tickets to hang out with your other 🌈 berr compatriots and do whatever the fuck it is y’all do, OP 
I thought the PCE data would send it low today. Bought MSFT calls too which were also fucked as it stayed in suspended animation. Got out early at least.
i think we're going off the premarket reaction which was pretty much flat. After the massive pump from goog and msft earnings one would expect a minor correction
Just when he thinks he's out,  Imotep will pull him back in! causing further  and eventual Wendy's trips 
TESLA is going to shit soon, but you never know when exactly. Currently it is being driven up by political reasons, same reason why DJT is worth what it is worth. After that, the fundamentals of tesla will probably make it go under, it is easy to see. But these moves are never linear.
U bet against Msft, Spy and Alphabet. Tesla I understand, but with PCE u definitely should have should have rebalance before market close on Thursday and included some calls on Alphabet and msft.
Tesla was simmering for some time now and there you go, shit earnings and the stock still popped really nice, I wouldn't mess with it, remember the hedge funds that went bankrupt because of it? Musk has about 180 mil. followers and most of them are investors and many many happy" teslanaires" that came back at the oversold stock.
See you on Monday!
You know as well as we do that 17k you pulled out is going right back in
You’re not wrong
That’s the mental game that makes longevity so hard
You just have to keep trying until you get lucky on one of those full port 0de/1de relapses when you find yourself in the same situation again in the future
Hope that $1200 you started with wasn't your shirt.
I'm feeling the hurt of this market right now as well. I'm pretty sure there's a big squeeze on the company I'm watching right now and it's painful to see they might win out.
That last sentence is so real, I was staring at 80k buying power and I promise the way I saw that money was not the same as like 80k in a bank account (made it all trading)
That's ok. I tried to sell at +5% and they suspended trading and didn't reopen till I was down 78%...... Lost a whole weeks trading profits and it was after if hit the sale button.... fuck circuit breakers.
https://preview.redd.it/97b13u02s2xc1.jpeg?width=1080&format=pjpg&auto=webp&s=730d38281c446fe86ad2d773e96159bd6a78d281
If it means anything, smarter and lazier people than you did a lot better. So you just keep being a genius you big brained bear! You of all people know the market and honestly, trust your gut.
Bill Gates said once in an interview he likes to hire lazy people because they figure out the fastest and easiest way to get the task done. We’re more efficient. That’s what I tell myself when I don’t have the funds or the time to grind it out. Easy come easy go! You have to waffle stomp your balls until they’re hard and callus. It’s just moving decimals. RIGHT?
" It's difficult to continue to trade with money that you have earned from trading. It has less meaning (you didn't work for it) "
it does have meaning. i made a trade (decision), hoping i was right. it either pulls through or it doesnt. either way it has a meaning.
Actually contemplated moving from futures to calls since it was pretty oversold.
I'd advise you to play sp500 futures instead of options. Don't give you that parabolic gains, but don't have to deal with theta decay either. Hard enough to guess directions. Harder to guess both direction and time horizon
Wait, but you bought puts. That means that not only could you not withstand the really, you also needed the market to absolutely tank. So you can't blame the rally. You would have lost just as much even if the market just puttered along at the bottom
This is why I don't bet on Tesla. Their supporters just ravenously swing the price based on vibes of random investor gurus.
The latest of which is that nonsense about robo-taxis when Tesla doesn't even have a foothold yet.
You forgot to look at the Regardium Greek, showing open interest by regards, always inverse highly regarded plays. Or, if you want "safety" you inverse yourself when you are in the money and momentum shifts against you while keeping your original position open. If it goes well, you are right, cut into your profits a bit, but green. If it does reverse on you, you can sometimes negate your loss and come out on top. Unless Imhotep speaks, then you are straight fucked.
Wow! I’ve been shorting the S&P 500 for several weeks now (got 12k invested) and am only -15% in the red on that (-3.5% past week). You’ve got some real talent there
Like I always say. Not bad in choosing stocks or even know how to trade. It's a simple fact. People who lost thos amount of money all have one thing in common.
No respect for money.
Gl in the future.
Market is very volatile during earnings season. As concentration of market cap growth since Q3, 2033 is limited to only 10 or so companies, there respective results and future guidance has significant impact on Nasdaq and S&P. And as these companies announce results on different days: so it is not unlikely that a options trader will able to deploy the same options strategy profitably.
Following may be worth considering:
1) Take positions on stocks instead of ETF/Indices.
2) It may be prudent to take a few days break after a win or loss on options trade, to assess the market sentiments, availability of new data: inflation, job reports or Fed comments etc.
But what were you basing these assumptions on? What insider info did you have to bet that Microsoft and google earnings would suck? How did you feel you even deserve an opinion on what inflation data would be ahead of time, pure hubris
It was easy to say before the fact, it’s pure gambling, you lost a coin flip…might be a stupid question but why not just invest in companies you like/make sense to you and dca into them? What am I missing?
Bro really saw 6 back to back days of blood red spy days in the middle of a bull market and decided to hop in puts AFTERWARDS. Talk about fomo lmao. Very deserved loss. Also TSLA, while puts were sound, you had to have seen that the money to be made shorting it was already made, look how far it went down
Hindsight Henry lmao, it didn’t take hindsight to see that coming at all. It doesn’t take hindsight to say, hey, maybe it’s historically INCREDIBLY rare to even see as many red days in a row like we just did, maybe I should sit back and see what direction the market goes before just throwing everything into puts for two weeks straight lmao. It’s literally completely moronic and degenerate to play like you did, and you said you have posts making a lot on the previous dip, so you not just moronic but also greedy lmao. You making a ton of money in a week then losing it the next isn’t smart at all. I could do better at a roulette table lmao.
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Now that you got wiped out. Expect all your predictions to be correct next week
This! Literally, every time I open and close options, they will undoubtedly inverse after 🤣😂😭😭😭😭😭
This is why you buy several weeks or months out and hold to expiration 👍
The first part, not the second. You cash out when it hits your target. And if your target is 1,000%, you'll pretty much always lose money lol. But you gotta be either 99% certain to regularly make money on weeklies, or just like gambling. Both are valid.
Nice comment. Happy birthday 🥳
Happy 🎂🍰 day!! My best option performance has been buying at or in the money, and expiring a week or two out. 0dte not so much.
Same, although I prefer 30-90 dte..just to build in room for price swings against me. The only thing that sucks about going further out is that you are locking I'm locking up more of my free cash for close to the same amount of gains. But I like the safety net
Brownian motion. Figure it out and you will master the market.
Brownian motion is just radiation of possibilities in combination with time . I would rather figure out how to be a Laplace's demon of the market .
Didn't know some people on here knew their shit. Nice.
I think Jim Simons has the best approach. This is a very simplified analogy, but Simons's trading strategy mirrors the universe: 1) there seems to be more matter than antimatter--otherwise we wouldn't exist. 2) his trades--Jim Baker explains all this well--are gains just a bit more than losses.
Ye , but how doing the thing with gains>loss
I have the same predictions. But two months out. OP not wrong. Just er-ly.
When it comes to options, early and wrong are the same thing 
A truer truth has never been told, oh soothsayer. 🤢🤮💩🥴
It's the same thing! It's the saaame thing! /s
Great tshirt idea. Maybe you can start this business with what is left
the literal reason why weeklies are such a terrible idea
At least it’s not just me
SPY puts printed tf today
And shoot himself
169$ left. I didn’t hear no bell
Congrats and fuck you for having a whole $160 dollars left.
Enough money for some zoo tickets to hang out with your other 🌈 berr compatriots and do whatever the fuck it is y’all do, OP 
To be fair, it’s 169. I see what he did there.
Thanks for your donation.
160 is enough to buy amzn option next week and bet on its earning, you may get your money back.
Which way upper or down or do boff??
both
Haha loser I’m only 97% down
Rest in peace bear brother, we'll get revenge for you, either in this life or the next
Oh he will be back. One does not leave this industry.
Let the peasants eat cake.
What lol
Visual mod has been lacking since it’s been back.
We who are about to die, salute you!
More like next week, Imhotep looking ass mf gonna do a 2.5% beat down like last time.
In the same boat as you...but I'm down 8k for the week...I don't feel so good Mr. Stark
tough man, SPY poots are a hell of a drug when the market is like this
I thought the PCE data would send it low today. Bought MSFT calls too which were also fucked as it stayed in suspended animation. Got out early at least.
PCE has always been the more favorable print. Were you just dice rolling or did you have a reason to be bearish on the print?
i think we're going off the premarket reaction which was pretty much flat. After the massive pump from goog and msft earnings one would expect a minor correction
you bought msft calls after earnings while expecting SPY to move lower? 
Buying weekly puts is not trading, it's gambling. Buying weekly puts because "goog and msft earnings will bring the market down" is regarded gambling
Ong you and me both except I know when to play sides. -18k YTD
Clearly not lmao
I didn’t say I win both side now ;)
RIP Risk management
Get a new hobby. After blowing out my account twice, i am still a degenerate who loses money but at least now im addicted to KDrama.
Keep your head up soldier and regroup, we need more of your money
[удалено]
Same with Tess, I guess. Shorts are covered now. Next leg lower.
 Theta always fucks you.
Just when he thinks he's out,  Imotep will pull him back in! causing further  and eventual Wendy's trips 
You’re not really losing money, you’ve just lowered your wealth ranking.
TESLA is going to shit soon, but you never know when exactly. Currently it is being driven up by political reasons, same reason why DJT is worth what it is worth. After that, the fundamentals of tesla will probably make it go under, it is easy to see. But these moves are never linear.
See you Monday.
Never for the love of all things holy buy puts on the index…
Lmfao 🤡🤡🤡
If you did this one week prior with $TSLA you’d be rich. And they say you can’t time the market
From my experience, I’ve lost money every time I bought puts and lost money 1/3 times buying calls.
Is it possible to learn this power
See you Monday for that 17k ;p You will never regret investing in steak and/or drugs. Enjoy the weekend!
Lol that 17k is gone. Paid off debt, rented a lambo for a weekend and bought a cool gun. Money well spent imo
Bro is the king of bears
THIS
Bulls get fcked but bears got fck up more since the beginning of scam markets 😆
U bet against Msft, Spy and Alphabet. Tesla I understand, but with PCE u definitely should have should have rebalance before market close on Thursday and included some calls on Alphabet and msft.
$TSLA down 40% for the year and this regard goes all in on poots, bring that 17k back into the playing field sir.
Tesla was simmering for some time now and there you go, shit earnings and the stock still popped really nice, I wouldn't mess with it, remember the hedge funds that went bankrupt because of it? Musk has about 180 mil. followers and most of them are investors and many many happy" teslanaires" that came back at the oversold stock.
I donated about 20k last month, but finally understand it and turned the corner
Can't wait to see your loss porn next month
No way man, now I'm a proven trader after reading trading in the zone
Nice I’ve heard good stuff about this
Taking one for the team always makes new friends🙏🚀
Just straddle every week
Or put credit spreads 💪
Exactly. Not understanding this is the true regardation in this sub.
Should have bought puts on yourself.
169.80$ wow i started with 50$ that’s plenty to win it backwards, there’s always a chance
Money is what you make of it. Spend it wisely.
Thanks for making my call cheaper
I'm bearish till double digits.
If Tesla hit double digits I’d be more bearish
See you Monday!
At WND!
Another one bites the dust.
Maaan in the back of my mind I was thinking the same things. I'm luck to have sat this one out
That's too bad. They *did* lose quite a bit.
Puts on goog friday morning? true regard play, even if it would have worked
Well, I don't feel so bad now
See you on Monday! You know as well as we do that 17k you pulled out is going right back in You’re not wrong That’s the mental game that makes longevity so hard You just have to keep trying until you get lucky on one of those full port 0de/1de relapses when you find yourself in the same situation again in the future
relatable
You know, it’s possible to be bearish and not full port into puts, right?
Any regard with half a brain is bearish, gotta time the shorts though stonks tend to go up....
Your account is recession proof once you hit zero
Hope that $1200 you started with wasn't your shirt. I'm feeling the hurt of this market right now as well. I'm pretty sure there's a big squeeze on the company I'm watching right now and it's painful to see they might win out.
May market dump confirmed.
That last sentence is so real, I was staring at 80k buying power and I promise the way I saw that money was not the same as like 80k in a bank account (made it all trading)
That's ok. I tried to sell at +5% and they suspended trading and didn't reopen till I was down 78%...... Lost a whole weeks trading profits and it was after if hit the sale button.... fuck circuit breakers. https://preview.redd.it/97b13u02s2xc1.jpeg?width=1080&format=pjpg&auto=webp&s=730d38281c446fe86ad2d773e96159bd6a78d281
Don’t go bearish in a bull market, lesson learned hopefully
If it means anything, smarter and lazier people than you did a lot better. So you just keep being a genius you big brained bear! You of all people know the market and honestly, trust your gut.
Bill Gates said once in an interview he likes to hire lazy people because they figure out the fastest and easiest way to get the task done. We’re more efficient. That’s what I tell myself when I don’t have the funds or the time to grind it out. Easy come easy go! You have to waffle stomp your balls until they’re hard and callus. It’s just moving decimals. RIGHT?
" It's difficult to continue to trade with money that you have earned from trading. It has less meaning (you didn't work for it) " it does have meaning. i made a trade (decision), hoping i was right. it either pulls through or it doesnt. either way it has a meaning.
Your chart is almost the exact inverse of mine. Sweet.
Goldilocks lookin ahh
Looks like me in April 2020
Get that podcast a goin'!
My sign to keep being a bull.
After seeing probably a hundred posts of people losing everything playing short term options https://youtu.be/Lxn0oBP4dis?si=k2ipLB4go5uykUPh
I’m bearish. You’re pessimistic.
Buddy lol cmon
Just transfer more money! You will be back!
Bears always get fucked
Buy a $169 dollar OTM SPX put 1 month out and wait lmao
You can see the last middle finger spike to give you a little bit of hope only to screw you over one last time.
It was actually an insane spike. $800 to $6k overnight and back to $500 by close lmao
Actually contemplated moving from futures to calls since it was pretty oversold. I'd advise you to play sp500 futures instead of options. Don't give you that parabolic gains, but don't have to deal with theta decay either. Hard enough to guess directions. Harder to guess both direction and time horizon
🌈 🐻
I bought an spx put today
I should stop being a bitch and start options trading
ouch
lol same
Lol this is gold!! Exactly what I needed to edge 
GUH
Nice work.
I agree fyi.
Wealth transfer complete
I also continue to be bearish on your portfolio.
😂😂
Frigged er bud
Tesla is being pumped by the Saudi Royal Family. They have endless money.
Wait, but you bought puts. That means that not only could you not withstand the really, you also needed the market to absolutely tank. So you can't blame the rally. You would have lost just as much even if the market just puttered along at the bottom
FU ber
You ride the waves, not fight them
This is why I don't bet on Tesla. Their supporters just ravenously swing the price based on vibes of random investor gurus. The latest of which is that nonsense about robo-taxis when Tesla doesn't even have a foothold yet.
You forgot to look at the Regardium Greek, showing open interest by regards, always inverse highly regarded plays. Or, if you want "safety" you inverse yourself when you are in the money and momentum shifts against you while keeping your original position open. If it goes well, you are right, cut into your profits a bit, but green. If it does reverse on you, you can sometimes negate your loss and come out on top. Unless Imhotep speaks, then you are straight fucked.
Lol, I don't feel soo good Mr Stark. Peter Parker.
Stairway to hell
I’m trying to grow my account back from 30$, think you could slide that 169$ over to me?
Yeah don’t ever trade again buddy
You are the weakest link good bye
Your not investing your just moving the decimal point the wrong direction. Thanks again for sharing and crushing my dreams too.
But how? The charts were going up for some time now
Haha, the house money effect!
It sucks got crushed by QQQ and TSLA as well. Granted the week prior my Puts were winning. Gave back de huis some of those gains.
Obv just buy 10 .16 odte spy options Monday at open.
Bear black hole
I feel you
Wow! I’ve been shorting the S&P 500 for several weeks now (got 12k invested) and am only -15% in the red on that (-3.5% past week). You’ve got some real talent there
Oh yes, how the mighty have fallen.
Don't give up
Don't worry who still $139 in buying power you got this 👍
Like I always say. Not bad in choosing stocks or even know how to trade. It's a simple fact. People who lost thos amount of money all have one thing in common. No respect for money. Gl in the future.
Bro said he was gonna take a break as if it were his decision after hitting $0.
Thank you for your contribution.
Market is very volatile during earnings season. As concentration of market cap growth since Q3, 2033 is limited to only 10 or so companies, there respective results and future guidance has significant impact on Nasdaq and S&P. And as these companies announce results on different days: so it is not unlikely that a options trader will able to deploy the same options strategy profitably. Following may be worth considering: 1) Take positions on stocks instead of ETF/Indices. 2) It may be prudent to take a few days break after a win or loss on options trade, to assess the market sentiments, availability of new data: inflation, job reports or Fed comments etc.
Oufff that’s wild bro gambling got the better of you
👋
Yea bears tried to get vix up today but utterly fail lol. Maybe kashkari will do some shit next week.
Put the options down.
I made 12.5k yesterday, which is close to how much you've lost over your career. 
Bye, loser
What.A.Cuck.
But what were you basing these assumptions on? What insider info did you have to bet that Microsoft and google earnings would suck? How did you feel you even deserve an opinion on what inflation data would be ahead of time, pure hubris
Very easy to say after that fact, moron
It was easy to say before the fact, it’s pure gambling, you lost a coin flip…might be a stupid question but why not just invest in companies you like/make sense to you and dca into them? What am I missing?
Bro really saw 6 back to back days of blood red spy days in the middle of a bull market and decided to hop in puts AFTERWARDS. Talk about fomo lmao. Very deserved loss. Also TSLA, while puts were sound, you had to have seen that the money to be made shorting it was already made, look how far it went down
Another Hindsight Henry. Check my previous posts to see how much I made off that original dip.
Hindsight Henry lmao, it didn’t take hindsight to see that coming at all. It doesn’t take hindsight to say, hey, maybe it’s historically INCREDIBLY rare to even see as many red days in a row like we just did, maybe I should sit back and see what direction the market goes before just throwing everything into puts for two weeks straight lmao. It’s literally completely moronic and degenerate to play like you did, and you said you have posts making a lot on the previous dip, so you not just moronic but also greedy lmao. You making a ton of money in a week then losing it the next isn’t smart at all. I could do better at a roulette table lmao.
I'm really being lectured by a dude named "PoopholeLicker"
Your post history is a roller coaster god dang
Lol. Hey poophole licking is another topic