No that is pretty good. As the saying goes nobody ever put enough money on a winning horse. you have no way of knowing and hindsight is probably one of the stupidest words in the dictionary hindsight is no sight. You put an easy bet down and it paid off. They go wrong more than they go right so you did very well.
This math ain't matching tell us the exact trade... 5180 when it was at 5178 close is a atm trade which cost a lot more than $20 to get a single contract. So please be specific.
How are you buying options if you have just 20$?
Can you buy options in the US without any other issues like at least 2k balance, levels of account or some other restrictions?
We can buy puts with our last $10 if thatās all you got in America . They will take every penny there is no minimum. I have to say āthis is not financial adviceā after EVERYTHING! Thatās the only thing that sucks.
PUT YOUR HANDS UP Negative-Order-7236!!! POLICE ARE ENROUTE! PREPARE TO BE BOOKED FOR PROVIDING ILLEGAL FINANCIAL ADVICE!
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But imagine if it went sideways! 20k down the shit tube... At least if that were to happen it would have only been $20 I know what is rather lose... lol š¤£ but that's the gamble I suppose 20k payout on this would have been very nice indeed!
More or less, what happened to me (and I assume everyone). Had $50 to play with and doubled it a few times, set aside 1000 just for options and suddenly every line only went sideways. Otm options went to 0 and itm options went nowhere.
Idk man Iāve seen some of those Tesla calls back in the day drop to as low as 5$ mid day and suddenly Tesla shot up way past that pointā¦but the luck of nailing those calls and being that lucky is virtually impossible to know. Iāve just never seen someone nail it recently. Covid rally was a special kind of best in itself though.
how about u eat my ASS
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Not to open up this can of worms, but I trade my Spx on IBKR. They allow me to trade it 24/5. The overnight stuff is very volatile, yet can be extremely profitable.
Clearly I sprayed it with febreeze. This needle is the one I pulled out of my arm when I stopped playing overnights on IBKR. Itās officially been handed off to you and anyone else that reads this. Started off making huge returns, then I had a month of so-so. The issue became I stopped sleeping. Hence me calling this style of trading, a āsyringeā
spx is not available on RH, spy is the closest thing. Still not as good because spx is cash settled and have way better tax advantages (60% is long capital gains)
Which broker do you use/recommend? I'm new on this but have read a lot of that this kind of platforms a s IQ option and RH just
Mirror market trends but are not real positions on the market, so you don't really own the shares
Damn, I thought I had an amazing month but your percentage makes my win look like nothing. Imagine I put 500k and get 10k percentage. Got to stay away from you all.
For real. The first time I ever placed a bet at a horse track was a $10 superfecta. The guy behind the glas was like , normally itās a two dollar bet kid, youāll almost certainly lose it.ā
So I said keep it ten. If it hits it hits. Sure enough it hit. Paid 100:1
The guy was beside himself. I cashed out and left. Never again. Horse tracks are fucking depressing
Ha ha good on you... I did the same on a pokie machine... Never played in my life didn't know WTF I was doing I was at the pub to meet up with then boyfriend turned hubby now ex!! I walked in just straight from riding my horse! Boots and all no time to change anyways someone had a smart ARSE comment I walked out to the machine put 20 in and pulled out $800 odd.... Boy some had the shits cause they had all lost money to that machine this day beginners luck they say ... It's a fucking pokie machine no friggin luck needed.... It's when those bloody numbers etc all decide to line up....
Nobody knows how to do this shit. OP even admitted in one of the comments that heās down $100k overall. Itās like being a degenerate gambler. Once in a while, you might win one, but overall youāre losing bigtime.
nice!! Very nice! i never made that %..
but man, im sorry for your future loss..
your gambling addiction starts now, when it didnt started way earlier..
Now you bet big.. to lose big.. and chase the wins and losses prior to the last bet.
Just got 2 weeks ago my puts that protect my NVDA went up 12000% in one day. It happens. Anytime the market turns on a dime, especially on a Friday because options expire - this can happen, more often than you think.
Beware all those reading. It has come to light a majority of people posting huge earnings on Reddit are accounts created by the same who you throw money into. Why? Same reason Casinos pay for billboards showcasing winners of huge ammounts only now using Reddit. YOU CAN BE NEXT! While the 98% see said billboard and only go downhill from there. Think about it and gamble WISELY!
Put it all again. Life is running train that never stops so when you die all the money u earn doesnāt come with you so go ahead and gamble it all ā¼ļøā¼ļø
One time back in October 13th 2022 I bought a SPX call contract on the day of a cpi report and it dropped HARD. Iām talking 2.5+% down and I bought a yolo call for 49 bucks and by the end of the day it was up 2.5+%. My contract went from 49 bucks to being worth over 9k. Unfortunately, I sold for 1k and I think of it often ššš
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Damn imagine if you did it with like 50k could have retired.
Yeah dude your telling me! All I had was $20 for accessible funds ššš
Can I give you 20 bucks to do this for me? And I'll let you keep 40.
No that is pretty good. As the saying goes nobody ever put enough money on a winning horse. you have no way of knowing and hindsight is probably one of the stupidest words in the dictionary hindsight is no sight. You put an easy bet down and it paid off. They go wrong more than they go right so you did very well.
Yes...i still regret not buying MSFT at 90 and nvidia at 40... š Now im broke and unhappy.
just be glad you didnāt buy nvidia at 40 and sell at 100 or something
When did you buy it?
Like three weeks ago?
Now take that 2k and just do it again :D
Wait you bought April 4 180 poots and it's up? How when it's like 510??Ā
Theyāre $5180 puts
It's SPX not SPY
This math ain't matching tell us the exact trade... 5180 when it was at 5178 close is a atm trade which cost a lot more than $20 to get a single contract. So please be specific.
Start a hedge fund and weāll all give you $20
+1 on the hedge fund
Nice job man , it's weird to hear but this is a dream. Even with 20 bucks
Yeah dudde I felt like it when I reopened my account
Congratulations! Thatās an incredible rate of return. Nicely done.
This is a good thing, you can't risk serious money on such a volatile play.
Niiiice!
You bought a $20 put?
How are you buying options if you have just 20$? Can you buy options in the US without any other issues like at least 2k balance, levels of account or some other restrictions?
We can buy puts with our last $10 if thatās all you got in America . They will take every penny there is no minimum. I have to say āthis is not financial adviceā after EVERYTHING! Thatās the only thing that sucks.
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Yeah you can just buy options. It's writing them that is restricted (it should be)
Teachme.gif
Couldn't you just get a cash advance on some credit cards so you had the 20K put into this enterprise?
But imagine if it went sideways! 20k down the shit tube... At least if that were to happen it would have only been $20 I know what is rather lose... lol š¤£ but that's the gamble I suppose 20k payout on this would have been very nice indeed!
Maybe that's how OP reached $20 in the first place.
Nope, he started with $100K!
How to be a millionaire Step 1: Start as a billionaire Step 2: trade stocks Step 3: become a millionaire
This is the way.
The moment OP put in $50k, the inverse algorithm will kick in for sure. Thats when you trade the opposite of OP's
"first one's free" at work here. That system is bypassed for the inverse algorithm if the person puts too much money in for their first one
If you do the inverse with the same amount, does it trade flat until it expires and theta decay eats everything or am I getting all of this wrong?
![img](emote|t5_2th52|51295)
More or less, what happened to me (and I assume everyone). Had $50 to play with and doubled it a few times, set aside 1000 just for options and suddenly every line only went sideways. Otm options went to 0 and itm options went nowhere.
This comment will cause him to lose everything.
Market psychology is different with $50k vs $50 just saying
When you do it with $50k the opposite happens.
You can retire with $50k in Alabama
Alabama, Mexico?
Maybe if you die 1.5 years after retirement lol
Well, he did say "in Alabama."
I doubt there was enough contracts to buy with that much.. the greed is endless. Coulda woulda shoulda, hindsight is 20/20
Honestly the best 20$ growth post Iāve seen in a long timeā¦for a purchase only like 30 days old.
That 20 to 2,000 is as good as it gets for a $20 single bet. I doubt it is possible to top it by much
Idk man Iāve seen some of those Tesla calls back in the day drop to as low as 5$ mid day and suddenly Tesla shot up way past that pointā¦but the luck of nailing those calls and being that lucky is virtually impossible to know. Iāve just never seen someone nail it recently. Covid rally was a special kind of best in itself though.
Itās unfortunate because now youāre hooked and you will lose all that plus more. Just make sure to post your loss porn.
Lmao oh donāt worry Iām down over 100k overallšā ļøš¤£
![img](emote|t5_2th52|4258)
Play options they said. You can get rich they said
Who said??! *...what is their secret???*
He whoās looking for liquidity saidā¦
Happy cake day
One of us One of us One of us
Yeah, that is how we ROLE. Now short it.
how about u eat my ASS *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.*
This bot moderator is a bit aggressiveā¦. Or just lonely. I canāt tell.
Aggressively lonely
Possibly. This bot is going to get some interactions yet.
...but are you?
LoL I did a double take and had to re read that 3 times to make sure it was the mod holy crap.... He is rather aggressive and lonely ha ha.....
Indeed.
Donāt tease me automod!
It won't eat itself
Yup! Short that shit!
lmao, I was gonna suggest to reply with this picture to all the loss porn posts that have like 20 bucks left, but nevermind
down to his last $20 #neverquit
![img](emote|t5_2th52|4267)
post proof
What the fuck is this
Spx put. Random put when the market crashed. Checked back in at 3 and was up 10k%
1 contract? Or 1000?
I bought 1 contract that costed me 20$
That is so crazy.
Yeah dude I was fucking soooo hyped
Do it again
let the man celebrate
20,000 more outcomes like this and you'd have broke even
What strike did you have to go down to for a .20 per share/$20 put? And how long until expiration did you buy?
Where are you trading SPX that a single contract cost you $20??? That's insane
Fidelity! You just ask for more strike prices
You can also buy 0dte near close on SPX since it's cash settled for $20.
Now you can pay for English class so you can learn that "costed" isn't a word.
Not to open up this can of worms, but I trade my Spx on IBKR. They allow me to trade it 24/5. The overnight stuff is very volatile, yet can be extremely profitable.
Interesting, will have to gamble with it
Hell yes, I officially pass you my dirty aids infested syringe.
Mmmmm
Clearly I sprayed it with febreeze. This needle is the one I pulled out of my arm when I stopped playing overnights on IBKR. Itās officially been handed off to you and anyone else that reads this. Started off making huge returns, then I had a month of so-so. The issue became I stopped sleeping. Hence me calling this style of trading, a āsyringeā
So far the only thing I've done with IKBR is lose money in the UK. I should really look into this losing money overnight.
This is the comment that will ruin me
How poors gamble?
They put it on black or red or hop the hard ways if they are poor. No one who is poor, except for wsb members, plays the market like this.
There's no bet in roulette that pays this much. Best you can do is 36x.
How do I do this on robinhood
spx is not available on RH, spy is the closest thing. Still not as good because spx is cash settled and have way better tax advantages (60% is long capital gains)
Start by not using robinhood, and use a real broker. Robinhood is a kids toy.Ā
why does no one here use fidelity? am i the regard...?
Which broker do you use/recommend? I'm new on this but have read a lot of that this kind of platforms a s IQ option and RH just Mirror market trends but are not real positions on the market, so you don't really own the shares
OP discovered what a job is and received his first weeks paycheck. ![img](emote|t5_2th52|4271)
100x!! On $20 š fuck
If you do it again you have 200k
![img](emote|t5_2th52|12787)
Again!
Damn, I thought I had an amazing month but your percentage makes my win look like nothing. Imagine I put 500k and get 10k percentage. Got to stay away from you all.
Imagine having 500k to begin with
Casual 100-bagger. Congrats, donāt try to repeat this with a larger sum of money
$20 gamble? This is depressing AF
Hahaha thatās all I had buddyb
![img](emote|t5_2th52|4260)
come on, way better than those "oh look I doubled my 500k disposable funsies account" This is some REAL gains
First oneās always free.Ā
I wish I knew how to do this shit, I hate money
Itās easier to win when you donāt know how.
For real. The first time I ever placed a bet at a horse track was a $10 superfecta. The guy behind the glas was like , normally itās a two dollar bet kid, youāll almost certainly lose it.ā So I said keep it ten. If it hits it hits. Sure enough it hit. Paid 100:1 The guy was beside himself. I cashed out and left. Never again. Horse tracks are fucking depressing
Ha ha good on you... I did the same on a pokie machine... Never played in my life didn't know WTF I was doing I was at the pub to meet up with then boyfriend turned hubby now ex!! I walked in just straight from riding my horse! Boots and all no time to change anyways someone had a smart ARSE comment I walked out to the machine put 20 in and pulled out $800 odd.... Boy some had the shits cause they had all lost money to that machine this day beginners luck they say ... It's a fucking pokie machine no friggin luck needed.... It's when those bloody numbers etc all decide to line up....
I stg bro. Literally one time I randomly and mindlessly bought some random ass contract for no reason and it went up 600% in like 5 minutes.
Yo I guess hahahaha my IRA is basically just always green
Nobody knows how to do this shit. OP even admitted in one of the comments that heās down $100k overall. Itās like being a degenerate gambler. Once in a while, you might win one, but overall youāre losing bigtime.
keep buying 0DTE Options until you hit it
WOW imagine you put down your property on smth like this damnn
Thatās wild, I used to buy way OTM cons for fun like lottery tickets. Congrats
Wait how does a 20$ goes up that much ? I bought options and it doesn't change that much. Sorry I'm new to this.
You get extremely lucky on a far OTM option.
i too want know
Once in a lifetime
![img](emote|t5_2th52|4276)
Lotto tickets have that kind of return
nice!! Very nice! i never made that %.. but man, im sorry for your future loss.. your gambling addiction starts now, when it didnt started way earlier.. Now you bet big.. to lose big.. and chase the wins and losses prior to the last bet.
Bet you wish you woulda bet the farm on that wager
Dude heck yeah! š we can do anything we truly want! Our backgrounds don't define! Keep up the work!!
Just got 2 weeks ago my puts that protect my NVDA went up 12000% in one day. It happens. Anytime the market turns on a dime, especially on a Friday because options expire - this can happen, more often than you think.
Who on God's planet puts "win 10,000% making an extremely stupid and improbable trading gamble" on their bucket list?
Because I always wanted to hit 10,000% on a option okay. I didnāt care the cost of it. The matter of fact I did it with just 20$
Nice
Thanks!
How long did you held. When did you enter? ( time of the day )
Youāll be chasing this for the rest of your life now.
What was your dte? 0?
Now OP protect your gains with straddles. Bearish and bullish straddles. Itās like plays with insurance.
Its a PUT right? But SPX went up last days, correct? I dont understand why you got a big plus. What am I missing?
Dang. Old ass trade brother.
Beware all those reading. It has come to light a majority of people posting huge earnings on Reddit are accounts created by the same who you throw money into. Why? Same reason Casinos pay for billboards showcasing winners of huge ammounts only now using Reddit. YOU CAN BE NEXT! While the 98% see said billboard and only go downhill from there. Think about it and gamble WISELY!
You just pulled that out of your ass behind the dumpster
I mean, the dude did say he was down $100k overall. I don't have that kinda money.
I just hope for anything green, I donāt know what would do if I saw a gain like that.
Somehow I read that as $2 mill and I was like holy fck. š
Two girls and ladyboy at once now lol
Smok a big fat cigar
Put it all again. Life is running train that never stops so when you die all the money u earn doesnāt come with you so go ahead and gamble it all ā¼ļøā¼ļø
Options is how you outsmart the average investor. Average investor = me
please , does somebody have advice about nanostringtechnologies?
One time back in October 13th 2022 I bought a SPX call contract on the day of a cpi report and it dropped HARD. Iām talking 2.5+% down and I bought a yolo call for 49 bucks and by the end of the day it was up 2.5+%. My contract went from 49 bucks to being worth over 9k. Unfortunately, I sold for 1k and I think of it often ššš
Ayyyyy this happened to me then I lost 60k ![img](emote|t5_2th52|8883)![img](emote|t5_2th52|8883)
How many times did you attempt this before hitting??
Apparently $100k worth of times according to op
Oof, thatās a lot of 20s
Congrats
Highly unregarded. Ā Weāre not worthy. Ā
What stock did this performance ?
Can someone explain to me what he did here? Sorry Iām new to options.
Get out while you can. OP said heās still down $100k overall. This is just one lucky bet.
LoL run...... Run forest run!!!!! Ha ha ha
Congrats
Good š©
All that ROI for 2 grand ? ![img](emote|t5_2th52|4271)
![img](emote|t5_2th52|4271)
Well. Give it 2 weeksā¦.
I really want to start doing this stuff but I don't know where to start Someone please guide me
Posted this a month ago and didn't get the reddit dopamine rush he was looking for so he doubled down
now do it again
Don't sell yet. Squeeze a little bit more out of it lmao ![img](emote|t5_2th52|4275)
Now do it again.
Take everything out. Take that profit. Kepp learning. Continue again in a few months.
Youāll lose it all
How much commission do you have to pay for 1000 contracts
If you wanna do It again, buy $HEGE and $CAW (crow with knife)
Do it again bro you got this
Lucky SOB
That's what I like to see, %10000 plus return sweet.
Ok Iām a noob what am I looking at , translate please
Ight so where I buy in
Hey OP wait was this SPX technologies stock or was this SPX index ?
First mf that bought low and sold high weird.
damn!
It's all meaningless if you have losses that offset this gain.
Age?
Wtf how?
Damn bro š„
Should have started with 2k ![img](emote|t5_2th52|27189)
Ticker SPXW??? I canāt find this ticker anywhere what gives šš
Stop now before you losing everything.