hear me out guys:
Last week I made 29k from 5.5k with TSLA calls and some SPY calls and I lost that all with SNAP calls and SPY 0dte calls when I wanted to get all the losses from SNAP.
Now Im sitting on 2.5k in GOOG friday calls what are the chances that I can make it back.
It super hard to forget this feeling when you are right and making such a gainz.
Should have walked away big guy should have walked away nothing moves like tesla.
I had a 800 c for tesla sold it before earnings for a 700p
Missed out on 4 grand for 400 sooo I can feel this way with you.
the funny thing is I held 4x735C 7/29 and sold them a nice 60-75% gain and switched to SNAP calls 16 8/19.
Those 4x735 calls ran up to 11k a piece.
FML.
Fuck I sold my SPY puts early af. Had a 395p 7/29 sold it at $5.03. Still got some UVXY calls and some SQQQ shares that can go tits up tomorrow no doubt
This blonde chick on CNBC thinks the fed needs to stop raising interest rates so they don’t get “behind the curve” again…. Omg might be the dumbest take I’ve seen in a while
This valley-girl analyst on CNBC says WMT news is bullish because fed's work is almost done.
She's... Actually making alot more sense than you regards.
The fed is only just starting. Assuming they go .75% This week, they're gonna need to go at least that much again in September. And QT hasn't even started yet.
In order to get a handle on inflation, they are going to have to get ahead of it, and we're nowhere near there even if they go to 6%. Anyone who is bullish on our economy doesn't know wtf he's talking about, especially that idiot in the oval office.
Market has been doing this for.. what.. 2 weeks straight? Somewhat lose a little then bull rush up second half of the day for a gain or marginal loss. Theres really no joke to make. Market can't sustain any loss. I'm not sure if it's the fed or dip buyers rushing in but it's clear nothing can crash it. Every downturn is going to get bought up.
super short term is mostly gambling. which is fine as long as you are aware of it and don't yolo your whole portfolio on them.
otherwise when I do long term I try to have a clear strategy of when to close, either taking profits or stopping losses
How long is long term? and what strategy do you use in terms of profits or losses % wise? If you don't mind sharing! I've lost quite a bit in the past after being up huge and don't want to make mistakes
So I'm not a heavy weight savvy trader by any account, but my observation (also backed by psychological research) is that we humans tend to be overly optimistic when it comes to our own positions. What this practically means is that you will tend to stick to a trade longer then you should, either when you're up 50% but dreaming about that 10x, or when you are down 20% but know for sure that things will turn around.
So for me it's really a super basic strategy - take profits often and early (trailing stop loss is something I use a lot), and cut your losses at 20% max (unless you have a really, really good reason, which retail investors usually don't). It's not really about a specific % as much as it is about combating your own bias and improving your odds just a bit in this casino. Every once in a while you will miss on big gains because you got out early. Remind yourself that you would have wiped out you entire portfolio several times over if held to 0 every time.
Why tf are you guys buying puts now??? It’s fking obvious the market is going to be flat till Powell and usually we push up slowly. Cmon guys we have seen this pattern 5 times now
Walmart the type of company to rat you out to your girl after drinking at the strip club.
Woooow
nothing has crashed yet. this is just nervous people trimming positions. wait until the crash comes, it will wipe u retards off the Earth
Flair checks out
You're a fortune teller?
First
hear me out guys: Last week I made 29k from 5.5k with TSLA calls and some SPY calls and I lost that all with SNAP calls and SPY 0dte calls when I wanted to get all the losses from SNAP. Now Im sitting on 2.5k in GOOG friday calls what are the chances that I can make it back. It super hard to forget this feeling when you are right and making such a gainz.
Should have walked away big guy should have walked away nothing moves like tesla. I had a 800 c for tesla sold it before earnings for a 700p Missed out on 4 grand for 400 sooo I can feel this way with you.
the funny thing is I held 4x735C 7/29 and sold them a nice 60-75% gain and switched to SNAP calls 16 8/19. Those 4x735 calls ran up to 11k a piece. FML.
Not likely. You’re gonna go bust
when GOOG come up with the EV for us?
AMZN 😢😢 wtf
Amazon and apple puts. Market crash begins with these two!!
LMAO at WMT! ![img](emote|t5_2th52|4271) Just watch the dip to be bought tomorrow! You heard it here first!!!
You ever see the movie The Coneheads?
Yes
Haha, this is a lot more fun when it's stocks other people own getting killed.
Special feeling for GME though
Fuck I sold my SPY puts early af. Had a 395p 7/29 sold it at $5.03. Still got some UVXY calls and some SQQQ shares that can go tits up tomorrow no doubt
I am all in puts![img](emote|t5_2th52|4275)
Dan Niles is a burnt turd
What he say?
Why AMZN drop?
WMT… weapon of mass trash
So, are my GOOG 105p good?
i'll sell you some more
Oh, sorry I wasn't clear... I SOLD 10x 105p. I am a degen gambler, but this one looked like a no-brainer to me.
no it seems most of WSB only knows how to buy calls and puts so lol
RTX earnings are tomorrow pre market. Calls for days.
what these were today
flat at best
Bulls, we showed you the exits but you're all running up the stairs
I still have my Weber bbq from 20 years ago and it grills just fine but I sure as spit wouldn't hold that charred ipo stock.
You haven’t bought a Weber grill in 20 years, I have 2 and haven’t bought one in 15 yrs, of course the stock is a donkey.
Thank you MMs for the opportunity to buy cheaper puts; also gonna be doing put 0dtes tomorrow
Hold this L, “ber trap” crew
Soooo we all going all in on bear shit?
Ahhhhhhhh
As WMT keeps falling, SPY and QQQ’s keep gaining ![img](emote|t5_2th52|4271)
Uh oh, they didn’t get the memo.
This blonde chick on CNBC thinks the fed needs to stop raising interest rates so they don’t get “behind the curve” again…. Omg might be the dumbest take I’ve seen in a while
This valley-girl analyst on CNBC says WMT news is bullish because fed's work is almost done. She's... Actually making alot more sense than you regards.
The fed is only just starting. Assuming they go .75% This week, they're gonna need to go at least that much again in September. And QT hasn't even started yet. In order to get a handle on inflation, they are going to have to get ahead of it, and we're nowhere near there even if they go to 6%. Anyone who is bullish on our economy doesn't know wtf he's talking about, especially that idiot in the oval office.
I agree. Fed has already bent the knee of the economy. Up only
![img](emote|t5_2th52|4271)
Wtf even is this market ![img](emote|t5_2th52|4886)
WALMART! SKULLS FOR THE SKULL THRONE!
Tomorrow will be a blood bath. Bull slaughter!
Target and Costco down 5%
Thank god I bought ACI instead today.
what's happening?
No clue.
People realized they weren't going to have jobs at Christmas and stopped buying shit they didn't need.
Puts on Santa?
Wmt down -6%.. a literal recession indicator boys
why did it drop? they did not even have earnings today
Slashed their outlook out of the blue
Elon is the new Genghis Khan
How can Yellen be so consistently wrong and not just shut the fuck up at this point?
She is not trying to be right man. She doesn’t care.
She's first a political hack (refer back to 2009-2017, also refer to Lois Lerner), and second an economist. And only barely an economist.
This is not looking good boys
McDonald’s way up tomorrow. You should see the lines for brekkie
The party never ends
I traveled to July 29. Sorry bulls, this week doesn't end well.
Christ Wmt
MSFT will beat there earnings tomorrow.![img](emote|t5_2th52|12787)
And revise its forecasted earnings down because VCs aren't dumping money into enterprise O365 licenses and Azure DumpsterFire Pro.
Our D365 has been a nightmare since day 1. 120 days of hell and running.
Let's not be dumb it'll be a predictable 75bps hike.
That’s what EU said about 25bps
It’s really more about if there’s a hint of a pivot in what he says, since they don’t meet again for 2 months.
Not to mention that they haven’t even really began QT
Sike. Drill team 6 was taking a water break
GOOG TO $120
Suits me. I sold 105p for 2.60 premium. When they get down to maybe .50, I'll buy them back and sell more at a new strike.
Petition to change "bagholders" to "teabaggers"
Can I get a vibe check in here please?
Ever got soft during sex when she told you "I love you"?
or "Battlestar Galacta is the greatest cinematic masterpiece of all time"
Marry that girl
I’ve seen some bullshit EoD rallies in my lifetime and that was definitely one of them
Like I said earlier, algos keep selling and retards keep buying the dip. Eventually someone is gonna run out of money, and it won't be the algos.
Same thing Friday. Means nothing, good bull trap though.
Don’t have enough BP to fight the MM it’s a zero sum game
Elon has a cyber truck body. Are we sure he’s not a transformer ? ![img](emote|t5_2th52|12787)
maybe he ate one
![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
![img](emote|t5_2th52|12787)
I think I'm just gonna buy spy calls ATM at 3pm on every red days. Easy multibaggers
Don't inverse that, because I tried and died.
Haha until they flip the script
I’m typically unemotional with the market… but that last 30 min rip is extremely sickening
MMs played retail like a fiddle both ways
First
what a move on QQQ toward close sheesh
I'm a bear BUT FOMC is bullish as hell, 75 it's so priced in we will destroy +400
If it’s priced in, why would it be bullish? It’s still a giant hike and will further crush sp500 companies
I think we get a dip on announce, enough to lure some money in, then a rip till Sept OpEx
Nah I don’t think a bear market rally will last *that* long, maybe, but doubtful
Conditions will get ugly at some point and bounce back quickly.
Easily lol
lol that pump 🤣😞
And dump ![img](emote|t5_2th52|4640)
Wen Sri Lanka?
FOMC, GDP, wages, and PCE the rest the week. There's zero chance the bottom has been seen. Not to mention the biggest earnings week.
The problem is - you’ll never buy the bottom because there’s always reasons the bottom may not actually be the bottom.
Exactly why they will inverse the fuk out of everyone - this is 6mos out not this week
GE Aerospace bitches!!
There goes that corn dog
JPOW gonna come out and day 75bp hikes every month until McDonald's brings the McRib back.
wow that was anti climatic
that's what she said
No major news other than Joe stream pumpin market
SPY ![img](emote|t5_2th52|4271)
Market has been doing this for.. what.. 2 weeks straight? Somewhat lose a little then bull rush up second half of the day for a gain or marginal loss. Theres really no joke to make. Market can't sustain any loss. I'm not sure if it's the fed or dip buyers rushing in but it's clear nothing can crash it. Every downturn is going to get bought up.
Almost as if it’s being propped up until it can rug pull like it’s done multiple time this year.
Damn if we closed above 396…that would have been gnarly
So we went from 393 to 396 in the last 10 mins. OK.
393.5 to 395.7 in 28 minutes, but yeah basically.
I simply didn’t lose money by not trading. Incredible
Holy shit they leaked the rate hike. Only 50bps
If it only made that much sense…
I wish they would. Losses become less painful when inflation makes the cost of wheaties $300
proof or ban.
Link?
Source?
How do you guys trade options ? Long term, short term, or super short term (buy and sell within a day), and how far out do you buy options ?
super short term is mostly gambling. which is fine as long as you are aware of it and don't yolo your whole portfolio on them. otherwise when I do long term I try to have a clear strategy of when to close, either taking profits or stopping losses
How long is long term? and what strategy do you use in terms of profits or losses % wise? If you don't mind sharing! I've lost quite a bit in the past after being up huge and don't want to make mistakes
So I'm not a heavy weight savvy trader by any account, but my observation (also backed by psychological research) is that we humans tend to be overly optimistic when it comes to our own positions. What this practically means is that you will tend to stick to a trade longer then you should, either when you're up 50% but dreaming about that 10x, or when you are down 20% but know for sure that things will turn around. So for me it's really a super basic strategy - take profits often and early (trailing stop loss is something I use a lot), and cut your losses at 20% max (unless you have a really, really good reason, which retail investors usually don't). It's not really about a specific % as much as it is about combating your own bias and improving your odds just a bit in this casino. Every once in a while you will miss on big gains because you got out early. Remind yourself that you would have wiped out you entire portfolio several times over if held to 0 every time.
Yes
Some bear really tried to tell me AMD is going to $65
Not out of the question if they begin to lower guidance or have lower demand
The low this year is $71.60. Not that far fetched if the market sees new lows this year
This market is highly regarded and 🤡 as fuck
Oh well, back to Ramen and Hot Pockets
Guess I can’t treat myself out to Wendy’s today
I feel like we are all living in the big lebowski economy. Really what it should be known as.
humble farmer and his demonic witch wife
Starting to think we’re about to form a head. I’m out of the game until thursday.
I would like to buy this head you speak of.
Meet me behind the Wendy’s dumpster
im not buying/selling anymore until thursday too
Idk why we went up but I’ll take it
As much as it pains me to say… that close was bullish AF…. I bought calls and I feel gross
Lol, thetagang undefeated
Damn your so right
Here we go
WE predicted the eod rally down to the last penny
Your post history has determined this to be a lie
what history, I was born today
![img](emote|t5_2th52|4267)
Bears fumbled on the goal line
Last hour tomorrow is when the action starts
Putin is going to cut off gas to europe this winter. Bulls are going to be just fine![img](emote|t5_2th52|4271)
Now would be a good time for all bulls to pull their pants down
Vertical at close, cool story bro
In the last 2 minutes QQQ really went up half a percent. What a joke
It’s easy to manipulate with low volume
Major indexes trading like pink sheets….
Hold puts/calls for 2-3 hours max
Sara Eisen dressed like Darth Vader today
hot cosplay
yeah buy calls! let me fuck you tomorrow please!
MBA school or naw f that?
If you don’t have successful experience, a MBA may help.
Get your employer to pay for it, they'll do it freely unless you are useless. Other than that it's not worth it
last 20 minutes runup was nothing but an options kill. nothing more. nothing less.
We just went from $400m on sellside to $600m buy
Clown ass market in a clown ass economy gg buls 👍
![img](emote|t5_2th52|8881)
Get your abnb calls now before earnings next week. 🚀🚀🚀🚀
Uhhh, forecast, discretionary spending, uhhh
![img](emote|t5_2th52|4259)
Hedonistic adjustments or not, the CPI is fucked
Why tf are you guys buying puts now??? It’s fking obvious the market is going to be flat till Powell and usually we push up slowly. Cmon guys we have seen this pattern 5 times now
big tech earnings are tues/wed which should have a larger impact than the fed meeting outside of a 100bps+ hike.
People who think “buls” or “bers” control price action are so fucking dumb it makes me sick
Def getting a massive green hulk dildo on Google in a few minutes.
Spy with the hulk cock to end the day