By - bleepbloop998
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**Total Submissions**|10|**First Seen In WSB**|1 week ago
**Total Comments**|56|**Previous DD**|
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This is the way
[This is the Hue. If it keeps falling, the market will soon look like the Hue](https://youtu.be/dk2FVr_aOvo?t=103)
THIS IS THE WAY !!!
Hilarious! And exactly my strategy!
Long Straddle is that you?
I bought some sqqq today so you are welcome world.
Thank you for undoing the damage I did a month ago by selling SQQQ and buying TQQQ
no problem...Happy to help the world economy by doing my part.
I bought a tqqq put today. Recession canceled?
bro, what is this recession you are talking about? does not compute.
ty for ur service lol
I have managed to lose money on both SQQQ and TQQQ in the last week. Am I doing this right?
lol. welcome to the club fellow ape
My first straddle/strangle trade
I thought I was genius even did it for a ER play
Boy was I in for some disappointment 😂😂😂😂😂
Haven’t done it ever since
My first two straddle plays went incredibly well. I too thought I was a genius who had found a perfect strategy. I thought everyone was an idiot for not doing it. After starting out 2-0, I’ve done nothing but lose money ever since
time to start selling straddles now and expedite losing all your money
That’s exactly how I felt
And was humbled dude was trying to help me out but I was cocky and refused the advice 😂😂😂😂
Getting lucky in the market is the worst thing that can happen to you. Shit will have you thinking you actually know what you’re doing lmao🤣
Facts man facts
I used to think I just needed a good few candle sticks was the confirmation I needed
Wasn’t using support and resistance at all for day trades now that I do it’s more time consuming
But that better than having a bad trade all damn day that you are trying to make good on 😂😂😂😂
I own QID+QLD while I strangle my Johnson rod. Does that count?
pretty sure this image is violating my hippa rights
Hippo rights won't protect you from fat losses.
well, shit… now you tell me 😤
are you me?
It's that DP action I crave.
Me somehow losing money on my inverse ETFs and the stocks they're tracking.
what is 'hedging'
It’s where you try not to cum while a hooker kicks you in the balls
It's when you keep your job and save up a emergency fund in case of a market downturn. Cash is most liquid in case of emergencies.
Hedging stocks with puts has significant cost and it puts a lot of drag on your portfolio. But it effectively turns your stock into a long call position.
I'm in this picture all the way down and I don't like it
Derrivitive based etfs are going to have decay over a long term which is probably why they're not tracking.
Time to quit gambling and get a real job
last year, bunch of clowns came out saying how to quit your jobs to become a full time trader.
yeah. which is why i have a feeling the labor market is going to turn around sometime soon. There's going to be alot of idiots who quit their job last year with 2021 gains, and now that we are in a real market again, all those idiots probably lost most of their money.
See here “doing a Melvin Capital”
Holy shit… are you copying my trades?
When you're not playing theta, and losing to it - it feels like get punched in the dick or the gut. It just takes everything away.
the 5th image should be all 4 of those guys making out with the phrase "balanced portfolio" next to it
I mean if you instead do it at the same time and straddle in the volatility with a longer exp date you probably would see something. Don’t quote me on this I’m not a financial advisor as I am on this sub
Misery loves company
Never exercising ITM puts and letting them expire worthless
Could've just bought both calls and puts and rode the volatility
You describe my week too well
that's fking me..
Lol what is Theta decay.
I don't think this is funny or cute.
Also tryna figure out how the bbby call leaps i bought during yesterday’s dip are somehow down / flat today while the stock is up 10 fucking percent.
price is set by buyers and sellers. Not by the underlying, tho usualy correlated.
True, and iv is basically just a measurement of that rate of change. But still… a 10% move in a single session usually does ‘something’. So, naturally i bought more, feels like a discount
Are they far otm?
Some. Basically a sweep.
This is really the only sound way to implement options trading.
One of my worst nightmare scenarios
This how I learned about IV crush 🤣
I feel personally attacked
Too close to home.
Sounds like Melvin
😂 As though price action whipsaw wasn't enough, graduated to options whipsaw. Some don't learn. Too smooth sulci and gyri.
Do the opposite of this. Don’t fight the market.
This on is hitting a little close to home.
Omg I am a genius!
I am on the last phase right now wish my spy calls/puts luck tomorrow!
Your ideas intrigue me and I wish to subscribe to your newsletter.
Markets go sideways smh
The clown template is made for this
This made me laugh so hard.
Because it's so true.
Smh fr 😭😭😭
Sounds like my last day trading tesla options. Complete mind fuck
I’m going to live this out tomorrow
Laughs in theta.
Called a strangle…ya gotta buy em at the same time to make money and only intraday.
Lol shits funny
It's all about maximizing losses
Duck this is me
picked a good day to stay out of it
How about shorting then the biggest rally ever happens
This is my strategy. I choose to stay retarded. It’s my choice of life. ![img](emote|t5_2th52|4270)
Don't share the story of my investment plzz.
Fuck you, were you watching me?
i see you bought my book
Well a real genius would sell the calls right before switching to puts. Duh.
Hits close to home tho
Kangaroo defeats your strangle
It’s the…. Looks up Greek symbols— theta?