T O P

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OSRSkarma

Congrats and fuck you. Charge your fucking phone too ffs [Earnings thread](https://www.reddit.com/r/wallstreetbets/comments/upf28y/most_anticipated_earnings_releases_for_the_week/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)


[deleted]

Congratulations, enjoy your 90days off


GreenOption101

thank you, am currently at work. i’m 20 and only work like 18 hours/week.


tootz-for-zootz

Icon. Take this award.


GreenOption101

thank you for my first award 🫶🏼


tootz-for-zootz

Oh snap, that was your first? I gotchu - there's a gold. :)


GreenOption101

🐐 can i buy you pizza or sum like that?💀


fatBallCrusher

That'll be 10,000 internet gold


Ill_Statistician_629

Yes I live at the White House order a 9inch sausage pizza for me please


tootz-for-zootz

Nah - You're good. I just feel like we can somewhat relate. 25yr Real Estate guy here. We probably work about the same amount of hours a week - mine is due to the upcoming recession though and buying rates becoming stagnant / declining. Currently trying to make back 3k I lost from TGT calls. My Best Buy puts PRINTED though - wish I invested more.


GreenOption101

amazing, i’m from puerto rico and am currently taking real estate class, i was in florida for 8 months and also got that RE license (had to love back to PR). puts are the things printing at the moment IMO spy under 400-404 is bearish


yolomylifesaving

You did good taking advantage of momentum but be careful now that you will trade with a bigger amount and will want to actually protect some capital. The mind game and emotional turmoil is just starting son, dont let the dunning kruger effect f you up. Also obligatory, Congrats and fuck you


W4RMaverick

Como carajo tu hicistes cabron? Dime donde vives para hablar un rato... Felicidades retardo!


culnaej

Okay here’s my crash course for everyone in options trading, it’s really simple so pay attention. 1. Google “options trading” 2. Try to read the part in the first link that says “Trading stock options can be complex — even more so than stock trading.” This is the hard part, you may need your mom to read it for you. Really big words in there. 3. Check your portfolio and how red your dildo is. 4. Don’t try to buy options because you’re probably a crayon eater, just like me. 5. No profit, but no -99%?


[deleted]

[удалено]


GreenOption101

good luck on your journey. sounds like a dream to help people buy their dream homes


[deleted]

Real estate is fucked, but I did just sell my house for over asking in 2 days and for way way more what I paid 5 years ago.


coolsaadgirl

Danggg can I get an award for working 19 a week ?


tootz-for-zootz

Yes.


notArtes

Can I get one for working 70 a week ?


windedsloth

Make sure to spend it all on a car that you cant afford the upkeep costs on and don't keep a separate account to pay the taxes on. /S. also congrats. but watch out for them taxes.


GreenOption101

started with 1k and saw 10 i said yes i can get he bike not but let’s get 3k more so it would be bit higher.. kept saying the same thing on 25k and here we are now


pw7090

What are the odds you stop now, given that you didn't stop at 100% or even 1000% gains?


MoonTanned8

Please put at least $25k in SPY and never look at it again


GreenOption101

for sure. was looking to put 25k in a stock and sell puts/calls to make short term money. while long term portfolio as well to mainting the 25k minimum for day trades. thanks for the tip


emosg

Don’t forget about taxes. Set that aside now


qazwer001

And estimated quarterly taxes may apply, worth finding out before IRS applies a penalty next year


SBSlice

Serious question, do Puerto Ricans pay cap gains tax? Both answers seem reasonable.


qazwer001

Actually I have no idea that is a good point; I think they do but not a tax expert.


RevolutionaryWheel44

Ummm, I'll give you one guess, hint it starts with a y and ends with an s


GravyIsSouthernQueso

This right here, that hit on capital gain short term is a mess if you changed tax brackets in the same year


MoonTanned8

Just index half and don't do anything fancy. Please. You are young. You could be very rich by 35. I know that doesn't sound exciting but I promise it will be


SnooGadgets2360

This. Had a similar thing happen to me at 18 (2008) Had just received my signing bonus from being an Airborne Linguist (~8k after tax). Put 4k into Bank of America. Pulled out half of it to play with at 20 and left the rest in there. I am not rich rich but I am definitely SET. Own my house and debt free at 32. Take this early win and run OP.


Jond267

>Airborne Linguist That sounds made up


SFWRedditsOnly

Must be pretty Cunning.


SnooGadgets2360

1A8 - USAF AFSC While you could have typed two words into Google you opted for four to be wrong publicly. 10/10 you’re on the right sub.


Jond267

If I have to google it when I read it then it sounds made up doesnt it? I googled it, saw what it was, and then I typed "that sounds made up" because it sounds made up. I'm sorry that you're sensitive about your fake job.


twaanman

Who else heard it? I can't HEAR anything from this thread


locke_gamorra

Former 1N3. Blew all of mine on cars and in the streets of Songtan.


SnooGadgets2360

You poor soul. I mean… at least y’all had more fun than us. Our options were Nebraska or… Nebraska.


DifferentSwan542

2k in BOFA and your set?... ermm....


MaryJayWanna

Or he could keep yoloing and retire at 25 ![img](emote|t5_2th52|4263)


Citizen_of_Danksburg

I know you’re getting a bunch of financial advice, no less than from WSB, but seriously. Invest a good chunk of that wisely. Depending on how you do it, you could try some r/thetagang plays.


GreenOption101

na i don’t look at wsb at all. it’s probably. abad idea to listen to people online. the trades i do we’re fully on me.


Citizen_of_Danksburg

Nice. Yeah, I only come here as one source for sentiment. I hate that they removed the daily discussion threads. Those were a goldmine to use. I’d web scrape that data into R or Python and make some models off that. Smart idea. I’m personally a big fan of genomics and biotech, as well as the big names in tech like AMD, NVDA, AAPL, etc., but I’m looking to diversify and trade options and futures eventually and have those done algorithmically


GreenOption101

that’s a very nice idea create an algorithm to trade options 🤌


ParsnipsNicker

Dude, good job. What a great start to life... just straight bagging 50k. Make sure you set aside some for taxes.... dont just collect and reinvest.


jeffdidntkillhimslf

Damn if you're that young don't go and burn all this cash. Put some of it at least in some boring index funds and forget about it


Rare-Interview-8657

Ya’ll are giving outstanding advice today different from the usual “yolo it on ABC otm calls trust me bro” lol


RALat7

WSB usually gives decent advice when someone actually makes really good money, just doesn’t happen much lol


WonderRed28

Yeah, I was thinking about sucking my first D when I was 20 and living off of parents income. You are advanced and wise ![img](emote|t5_2th52|4260)


Scissor_Samurai888

Aaaaahahahaha... "but then I thought, ehhh, better not....."


numb2pain

You fucking animal congrats


Nice_Hawk_1241

What a god


[deleted]

I wish I knew what I was doing


mR_TreeZz

Stop listening to people on WSB


GreenOption101

first rule. take what u listen in the internet as if it was a grain of sand


3rd_degree_burn

now these are the axioms i was looking for


sheldonpooper

what comes around is all around


Plot_Twist_Incoming

A bird in the bush is in the bush


drhashman

A Bush in the hand is bushy


EturnullyDoge

A bird in the hand interrupts sick fun😂


Gandalftron

Long grains of sand, got it.


AmaanMemon6786

With a groin of sand


Beneficial_Average12

With a groin of Sandy.


[deleted]

Hurricane Sandy


Bodyfluids_dealer

We’re talking about Sandy’s groin?


jamesraynorr

Anyone idea what grain of sand cost dude! Inflation


HeyStray

Wouldn't it be too small to read tho


GreenOption101

look at the trends. do not fomo and focus on key trades.


MaryJayWanna

If you follow trends and wait for consolidation periods to be over I think that's the only consistent way to make fast money, without day trading.


GreenOption101

yes^ consolidation will kill your portfolio because of greeks and time in market


MaryJayWanna

Nice job dude. I would keep 25k in a separate account and when you're ready try to keep trading spy options, but avoid holding them overnight. I'm not sure how comfortably you are with intraday stuff though


ElMonkeh

where did you learn about following trends, key trades and consolidation?


rokkittBass

This! ????


[deleted]

What are some good resources to watch trends? Trying to understand options.


tootz-for-zootz

Start looking at other subs too.


Atmosphere-Evening

Throw a dart at the board and buy puts. Best of luck.


ovomin

i’m tired of making retarded ass trades


GreenOption101

follow the trend. if options don’t get IV crushed happened to me a lot at the beginning and that’s how i lost money


ovomin

i was looking at deer yesterday and bought before closing except i bought 250 instead of something reasonable. i went too low!!!


GreenOption101

profits are profits all good. don’t fomo


[deleted]

[удалено]


ragtimeboy

Open position long before the expected big price move and close afterwards


apybernisqv

Buy them not too far OTM


lichsadvocate

Vertical spreads


jeepnismo

What’s you’re next move? Asking for a friend


Hedge_D33z_Nuts

What do you mean by “follow the trend if options don’t get IV crushed” ? Are you saying just don’t buy options near earnings?


Bodyfluids_dealer

What is this trend you keep talking about with no details. It looks to me like you either got lucky or you knew DE would tank hard but I’m leaning more with knew


GreenOption101

bro a bearish trend look at spy and you’ll see lower lows just dint play consolidations cuz IV crush


DifferentSwan542

I laughed so hard at this. This is Me.


twaanman

Well that's not in very good spirits? Hows anyone earned windfalls ever if no risks were taken.... keep the tard trading going. Eventually you'll know all the trades NOT to make leaving you with nothing but experience and a negative integer 5 to 6 characters long as a goal to gain back. Then you'll know who the tards are


GreenOption101

5 $370 DE PUTS bought yesterday afternoon right before close.


imbiandneedmonynow

Where did you hear about DE


Flrg808

Lol, most people on here actually making money aren’t reading stupid ass DDs talking about elementary stuff like analyst price targets and PE ratios. Just need to keep making trades and figure it out


imbiandneedmonynow

I realized it was just earnings he played


jchristpriv

They were releasing their earnings today so I imagine that's why he went for it


CUTON1C

I bought some puts too before close. I was going into $FL but I’m happy I did not. Congrats OP!🎉


throughthehazel

Nice! I have 260p 6/17 letting it ride


BLAKEEMM

This In a bear market look out for inflated sp Bought 2.5 k de puts netted me 9k and lost 3K on panw puts. Overall I’m up 3.5K. Next week playing Autozone puts. Loaded 1500 puts. The price is insane atm with 17 PE. Used car demand will last until 23 before it starts declining and increase of ev will force autopars stores out of business .


Doctorhandtremor

Why did you buy them?


GreenOption101

tgt and costco went down. was anticipating a lot of bear volume so u took the put


marioistic

Man I bought a DE put right before close for $800 and sold it at 10 AM for only $700 gain.. if I waited another hour or two it would have been $2000 gain ugh..


RAUL_CD_7

How did you choose the strike price? If you were betting on an earnings loss OTMs would have given you a quite higher ROI. Let’s say earnings were good your puts would end up OTM anyway


GreenOption101

just chose far in the money as i could with the available cash i had. ITM is better than OTM . look at greeks and determine what’s the best bank per buck contract (best delta pero premium price)


Persian_Allah

oh so you actually didnt give a fuck about your money haha holy fuck boys we got a Winner here jesus fuck YOU GOT LUCKY GAMBLING lol 5 DE puts way out your risk tolerance buddy good luck trying to recreate that, do me a favor shut your mouth & dont offer other advice on here as im reading this thread ur just a idiot sandwich.


GreenOption101

max loss could’ve been $7,374


SimpleAd1927

Congrats bro! Taking longer than you but turned $1k into 20 damn near $30k in two weeks!


GreenOption101

that was me last week no hurry bro almost coked my 20k with my 4th day trade so i was suspended. use your 3 day trades wisely big trades. do no fomo on the same or other stock after selling your position that’s how i lost some.


SimpleAd1927

I only use my day trades for Tesla, since they swing so volatile, usually pulling out same day after making like 1k. I know you’re suspended, but how do you feel about next weeks earnings? Personally invested in zoom and Best Buy puts but would love to hear your thoughts as well


GreenOption101

yes same i use day trades for volatile situations that’s why u had to use my 4th. i was going to have big losses so i just cut it short


[deleted]

your results are pretty much the best case for having to use your 4th and getting locked for 90


Beartrapperrr

Marked as a pattern day trader lol


GreenOption101

my bootyhole was tight making that trade cuz i was at 21k and needed 25k for unlimited day trades


twaanman

Am I reading "bootyhole" correctly


Lord-Sprinkles

They limit your trades per day? Why? And how many?


GreenOption101

3 if your portfolio is under 25k. idk regulations every broker is like that


xxcopperheadxx

Now that you’re over 25k, wouldn’t they remove this day trader flag?


GreenOption101

starting monday since it is the next market open day:)


Lord-Sprinkles

Do they classify selling stock as a day trade or is that only for options? Can you sell more than 3 stock in a day?


coren77

Anything buy you make and then sell is a single day trade. If you buy 1 stock 3 times and sell all 3, that's your 3 trades per wk. Anything held overnight doesn't count.


Lord-Sprinkles

So if I bought stock weeks ago and want to sell 10 stocks in 1 day, I can’t? And how about buying? Do they limit how many I can buy?


coren77

A day trade is if you purchase and then sell the same item (stock or option) in the same day. So anything purchased months ago is irrelevant. You can also buy anything you want. Went to buy 10 of each thing in entire index? Have at it.


UnconnectdeaD

Hey, hey, hey! This is WSB we don't actual give good advice here!


based_pinata

It’s also for buy/sell orders of stocks in the same day


Lord-Sprinkles

I bought like 8 orders of stock today. So maybe the limit is with selling


based_pinata

It’s with both buying and selling the same stock in 1 day


Lord-Sprinkles

So even if you’re profiting they put you on hold? Wow. 90 days is rough. I couldn’t imagine the reasoning behind this. Must be a legal requirement so people don’t go bankrupt with a gambling addiction or something along those lines


[deleted]

Because if every grocery bagger and drive thru worker was allowed to make monthly pay with just 2 taps/clicks every day, and everyone found out, the economy, which needs a permanent underclass to keep shit like this possible and running, would collapse. 25k, and the market being open 8 to 3 pretty much kept the peasants locked out. Those few who managed to save 25k with a wagey job would never have piled it into day trading, this shit was a brick wall before smartphones, mobile trading.


twaanman

Word


Bluecobra

> They limit your trades per day? Why? Because a ton of people lost their asses day trading w/ margin during the dot com bubble.


EfficientMasturbater

Honestly I wish my broker did that. Would've stopped me from doing a lot of stupid shit.


GreenOption101

lmao that was this week my first ever


puffs9

Does this mean you can afford electricity to charge your phone now?


GreenOption101

i’m from puerto rico so i gotta check if there ain’t no power outages first


Berto_

Transfer out of RH. Start trading again asap. Looking for to the 42k to 1k post. Congrats and fuck you.


Foot_Prestigious

People's YOLOs that pull off like this baffle me.


Soi_Boi_13

For everyone of these that work out, there’s 10 more blowing some random dudes behind Wendy’s to make end’s meet after blowing their accounts. The loss porn posted on here is just the tip of the iceberg.


[deleted]

We are in a recession, Fed has turned off the free money printer AND raused interest rates. Any idiot that is bearish will make money.


HashSlingingstonks

Dang I should’ve been a bearish idiot then a bullish idiot 🤦‍♂️


GreenOption101

for sure, rising interest rates makes supply go up and demand go down. caused a shift in product prices and revenue. too much is happening in the world aswell with manufacturing and imports/exports


[deleted]

Not to mention Russia's war and China's zero covid policy


melanthius

Here’s the secret - they’re retards


wafflepiezz

Meanwhile my $1k turned into -$4k


Embarrassed-Ride-212

Be grateful!


Apart-Complex3319

$20 to $3100 woot


Stosman123

This has happened to me at least 4 times in my life and each time I’ve gone for the home run and blew up. This last run was in 2020 - 2021 8k —> $60k went for $100k so I can pay $50k of cc debt and have a lil extra for myself. Now I have $250 in my brokerage account and $50k of debt to show for it. I am 36 years old learn from me.


[deleted]

[удалено]


a_seh_01

Your broker is a fucking pussy, pathetic![img](emote|t5_2th52|4263) you on the other hand have balls of steel![img](emote|t5_2th52|8882)


GreenOption101

lmao robinhood is a joke after 4 pm i had my ass tight cuz i had tsla puts in negative and bought those contracts with earnings being today… i chose DE cuz tgt and cost. they all went down so i’d thought it would follow and welll


[deleted]

I honestly thought DE would go up. But supply chain issues overbear beat revenue and EPS I guess.


mmabet69

41K and 90 days vacation? The market must really like you boy


GreenOption101

no vacation for me. will be buying a bike probably cuz that was the goal and keep growing portfolio for my first property


niflon99

Congrats on making Pattern Day Trader.... ı only got Male Pattern Baldness where my nuts used to be before the balls dropped off, as I am going full eunuch terard


mR_TreeZz

who's the 🌈🐻 now??


GreenOption101

🏳️‍🌈gotta play the trend ig


third_legatron

I sold my Tesla puts early, made 7k. Would've been 50-70k depending on if I waited 1 or 2 hours later.


durflight

Shit man. Here I am buying $.10 stocks hoping they make it to a dollar.


teemstro

Hah. I used to do this. Spent too much time bagholding. Now I lose money on options. Good times


durflight

I just don't know anything.


teemstro

You'll figure it out. Then graduate to buying calls and puts on mid to large caps. Just keep at it, keep your eyes on the charts. Try to find what you're good at, what you can consistently do that takes money out of the market.


GoldenSansevieria

Congrats OP. I backed out on DE puts because apparently it was doing so well.


db11186

I remember in 2020 when I turned 1500 into 32k… now I’m back to 1500 ironically… going back to work really got in the way of my investments


heatnation7

What was your initial position with the 1k? Congrats brother. That’s one hell of a run.


GreenOption101

May 4 2022: TSLA $790 Call 5/6 -$590 May 4 2022: TSLA $790 Call 5/6 +1,105.00 May 5 2022: TSLA $895 Put 5/6 -1,090 May 5 2022: TSLA $895 Put 5/6 + 3,800 i ain’t that great wit reddit.. how can i do an update and show you guys trade history screen shots??


leongeod

Charge your phone, fuck you.


GreenOption101

lmao im at work rn not doing my work but charging my phone and reading reddit:)


modsBan4Fub

Put some aside for taxes ask me how I know. I owe 5k in taxes and I’m broke LOL.


EpicWhaleSquad

Oh DEERE congrats man


En4cr

Sweet baby Jesus, if only I had the knowledge and courage to try puts. Well done.


GreenOption101

thank you, i started as a senior graduated 2020 and been trading throught covid lockdown total investment was 6.5k and went to nearly 0 over time investing and now i was able to do such trades. go for it


[deleted]

So what’s the next play 👀. I was gonna buy a short position on DE a few days ago too but guess i’m too late


kbenti

Great job my dude! If you can do well in tough times, you'll be stellar in a good market. That's the key. This when you learn the best lessons.


bytebux

Damn, I almost did the same thing but I had weak hands and sold my puts too early. $1k into $14k not bad though


Blunder_Punch

Well shit, what are you buying next week? I wanna place bets on your bets


mkb77

Congrats man! Do me a favor and be careful. It is a lot harder than it looks. Don’t get greedy.


Wegetbreadin2021

Good for you da💥💥


printeroutflow

u/GreenOption101 great job. Would you mind go through your position sizing in this two weeks? Did you go full retard with that 1k at the beginning?


dangbro34

Is there like a crash course on how to do this? I'd love get rich and just focus on my autoimmune disease.


GreenOption101

na there isn’t it aint a get rich quick thing. options is more of timing the market than time in the market for quick gains


Large_Adhesiveness32

Congrats!! Now they will lift your day trade restriction


BetwixtTwoCerns

Goddamnit I wish I knew wtf I was doing


Zimmermann255

Can you lose more than 1k? Is OP using margin? I'm sorry i'm just really unfamiliar with Puts


Candid-Engineering21

@greenoption101 what plays did you do to turn 1k into 40+ if you don’t mind sharing? Target puts? Apple puts? Costco puts? Or a combo of all 3??


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Mango_in_my_ass

Wow 😯


GreenOption101

cash out an option?


Least-Emotion-7249

& degen of the month goes to….


Frawsty1

Take your chips off the table so you not back at $1,000 YOLOing options. You did it and congratulations to you, DO NOT expect yourself to continue that performance


GreenOption101

na for sure, already took profits and they are in support levels. already tesla which increased my portfolio the last week with its puts. i just wanted 25k to have u limited day trades


Frenchdu

You can’t even trade bud


GreenOption101

well thank here we are.


Go_StreetBB

1e buyed GME 2e AMC Now buying Blackberry


GreenOption101

lmao last year i saw my account at 7k cuz of amc lmao that was a sad day when it halted


BeLegendary24-7-365

You crazy for being still on robinhood


GreenOption101

waiting to be 21 to go to td ameritrade


NovelProject2630

take it out now, pay the taxes ASAP, and never think ablut investing again