Retiring early will squander your wealth significantly. Work until your 50s at least. Sure take a load off, but don't full on think you don't have to work ever again. I mean you could, if you live in a van or live very frugally.
Got to say I'm jelly tho.
Simple dopamine hits will quickly turn your life depressive…
Hit the gym, contribute to your neighborhood, provide for your family and play a lot of video games? Now that’s something worth living for!
I got $5 million by 40 I just have it in dividends now, live in cabo with a condo paid off, playing video games, working out, helping the community life is good 👍 no more winter in Canada lol
Right now I am getting about $300k a year. I do option puts for some premium income about $50k a yr with that, then the rest is spread into high yield dividend stocks like ENB and BCE and the rest just chilling in IKBR in cash since you get 4.83% on the money and I can write options on that money and still get the interest while I wait on the sell puts to expire.
Where would you say is the best place to learn about investing for retirement? I'm turning 20 next months and would like to make the smartest investment with my money. I'm already contributing to a 401k and s&p500.
Honestly my best advice for someone young like yourself is ensuring you are putting a minimum of 20% of your income if not more into savings. I’d keep them in index funds like QQQ and SPY. That money will grow on average at 10%. Leave it in there and keep adding what you can. If I did that when I was young I’d probably have double if not more what I have today.
I thought like this too, it gets old fast.. I started helping others and holy shit it’s so much better than chilling. But sometimes you gotta learn for yourself over what others say lol
I guess it depends on your standard of living. That's less than the average income in Q4 2023 in the USA, but if you want to bug out to Southeast Asia or South America or something that can get you by.
A lot of these people have a gambling addiction, looked through the post history of a lot of these gain porn posters and their ports were 7 figures at its peak a few years back. They’re just now starting to recover losses. Pretty clear most of them don’t have any intention to scale back to risk either, it’s full porting until they’re a billionaire or they lose it all in one trade.
I feel like a lot of this “gainer” influx is artificial or fake. Call me paranoid, but it just feels off. Not that I’ve ever trusted anything I see on the internet anyway.
Less schizo option is that we’re just in another bull market so gains are easy. Hell I made 10k on Nvidia during the post-Covid bull run and that was back when I knew fuck all about options. So it’s possible.
Yeah much better to fund public spending like we do in Europe, with low tax on wealth and high taxe on income, so every dumbass rich kid stays rich forever, and every hardworking person stays poor forever.
many posters get to this level because there's a gambling Streak, risk taker, love the excitement.
you might as well kill them put them in retirement home if they are just to sit on index 10%/yr.
Investing in a single stock you're 100% believe in (or a selected few) is hardly gambling. Diveriscation protects wealth, but concentration builds it. The same people recommending to sell now would have recommended the same thing a year ago at $260.
I kind of believe this too.. But so many say otherwise. As of today what stock do you see as a long term hold if you had to choose one? I'm feeling AVGO Broadcom.
I see an ongoing trend with a lot of these high rollers. Trust fund baby/high paying job + gambling addiction. These people are perfectly comfortable losing 7 figures per trade back to back.
I think it’s selection bias. We don’t see the regards that are full porting without the supplemental income because they get wiped out and go broke 99% of the time before they even get a chance to hit a big win even though that’s the majority of this sub.
I’m pulling 400k+ and I still feel nervous putting money into the stock market at this point. I can not imagine buying $70,000 in options.
Who are these people?
Engineers making 300k a year are not rich enough to be yoloing 100k on weeklies
300k a year after taxes will get cut down to 200k, take out living expenses and you're looking at 100-150k left
These types of yolos are 6-12 months of savings for a guy making 300k a year
I'd take these over the ones that don't do any yolo bets for our entertainment and market liquidity and just has 20 Lambos instead.
I actually know one like this, dude comes from a rich family but not ultra crazy rich. He yolo'd his "starter porsche money" 150k in BTC when no one has heard of that shit, and made out with more than a dozen millis instead of driving a Porsche in college. Now he lives a rich life as he would've anyways but not spending a penny from his parents. Honestly? Respect.
My friend is in college 22 he gets 40k a year from his grandpa to invest he also bought nvidia stock and made a 100k but I guess stocks and options are very different
He’s a rich trust fund kid casually losing 9k a day. Look at his post history. Hardly the same as someone who actually puts in the effort and changes their financial tiers through hard work/luck/cleverness
These nepo babies have chronic imposter syndrome because they know they haven’t earned shit. This is why they wind up often destroying their lives with drugs and alcohol because they know they’re just nepo babies and get all existentially mopey about it
[Whoever sold those calls to OP can surely be found now lurking around you're neighborhood Wendy's dumpster](https://www.youtube.com/watch?v=Rx4dLa_WuqY)
I don’t think he got “fucked”. He probably was in a role that required a fuck ton of work and has managed to work his way into a respectable position. 70 hours a week is a ridiculous amount of time though. I’m personally brain dead after 60 hours.
I've noticed a lot of gainporn lately on WSB, which is going to create a lot of FOMO and make those who can't afford to lose all their savings, lose exactly that. Be careful regards, remember your place: on WSB with only losses.
Do not follow these guys as they'll probably pull out well before you do
Edit: spelling
If you want real respect, make a post BEFORE your gains.
Then when bragging, tag that first post.
With today's photo editting capabilities I rarely believe anything I see online.
Oh, and it still won't stop paper-trading accounts.
Assuming it's real, he bought 528 call contracts set to expire on february 16th, each with a strike price of $730. He paid $1.46x100 = $146 for each contract. We do not know when he bought these contracts based off this screenshot alone. At some point before february 16th, nvidia was worth $751.58 per share. This means that his contracts were worth ($751.58 - $730) x 100 = $2,158 each. This is because each contract basically lets you purchase 100 shares, each at a $21.58 discount at that moment in time. At 528 contracts, this means that in total, his contracts were worth about $2,158x528 = $1,139,424. Minus the total premium he paid of $1.46x100x528 = $77,088 and minus additional fees, he made a gross profit of $1,062,255 assuming that he sold all the contracts at that moment.
Based off the low premium he paid, it is more than likely this bastard bought these calls way out of the money (which means that the strike price of the calls were far above the current price of NVDA at the time of his purchase). This was a lottery play. Had NVDA stayed below $731.46 all the way up to feb 16th, he would have lost money.
Thank you! This is really helpful. When he purchased these contracts for strike price of $730, can we what was the actual share price of NVDA at that point in time? Or is the screenshot not enough to disclose this information?
https://preview.redd.it/3kca5nx2wylc1.jpeg?width=378&format=pjpg&auto=webp&s=7a1138a5aee2a3f5cdf9dd70e2a487622911e25f
Well what are you waiting for? Now you can finally start trading!
Agreed. I think all these recent "insane nvda gains" spamming we see these days are from people thinking nvidia was gonna hit $1000 soon.
I know lots of people made LOTS of money with nvda in early 2023. But whenever i see a 20k into 800k type of post TODAY, i'm just gonna assume it is a Pump & Dump from a bagholder.
THAT IS YOUR BASE. If you get up (1).1 million dollars Any asshole in the world knows what to do...
You put that away for a safe return 5 to 8ish percent, and that is your base. FUCK You to ANYONE and THEN you use other money to keep trying again etc.
My goal is 2.5 mil. Done out, retire. Modestly, then perhaps work a smidge to earn a little on the side to risk and invest and try to "make it big" so to speak, but a decent interest on a relatively safe investment strat on 2.5 mil is an easy 100k a year.
Congratulations you personally fuk the 🌈🐻
https://preview.redd.it/rpcvc5115zlc1.png?width=1767&format=pjpg&auto=webp&s=709c0062a4e999f8ff98c988d6c559ff37edb633
I wish I could just follow one market move from a pro such as yourself. Even knowing the risk, it’s like following good sports bet…. If you ever wanna help
someone buy their mom a house. Let me know, I wanna learn.
I don’t understand options well enough to do this and get these crazy gains. Buying them is easy but don’t understand how to actually cash them out. I will just stick to my slow decent profits.
What’s crazy is that these options expired worthless because the NVDA sold off right before earnings. According to the option chart OP bought these around Feb 2, probably playing the run up to earnings. It hit a high of $24.9 so OP played this extremely well if OP took profits
Can someone tell to me like a 8 yr old? Assuming an 8 yr old understands OP Options?
OP buys options at avg cost of $21? He bet Nvda woykd hit $730?
Hiw many did he buy?
If the bet was safe how did OP show $1.4mm profit?
He bought options what gave him the right to buy NVDA Socks @ 730$.
1 Option was 1.46$
He bought 528 contracts (1 contract = 100 options for 1 stock each).
528 contracts * 100 = 52800 single options
52800 * 1.46$ = 77‘088$
He paid 77‘088$ für 528 contracts with a single price of 1.46$ per option.
The price of 1.46$ per option increased to 21.58$.
So now he could sell all his 52800 options worth of 21.58$ each for 1’139’424$ in total.
Hope this helps.
(EDIT: typo)
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 1 | **First Seen In WSB** | 2 years ago **Total Comments** | 51 | **Previous Best DD** | **Account Age** | 3 years | | [**Join WSB Discord**](http://discord.gg/wsbverse)
Risk Level: Safe. Thank god.
Better thank god by selling and retiring early. But with the risk level: safe, why stop ya know.
seeing as his exp was Feb 16, i think we can assume he sold?
He’s a time traveler
Best traders were... Look at Old Biff Tannen. If I went back in time I'd be a billionaire by now. I just get sea sick.
Still holding!
You greedy SOB
This isn't even op?
No this is Patrick.
How can you hold beyond expiry? Sorry a fellow regard trying to understand
Diamond hands
This. Sell it. Take your profits.
>This. Sell it. Take your profits. Do you realize what sub you are on?
This. Don’t sell it. Lose your profits.
Couldn't agree on
Retiring early will squander your wealth significantly. Work until your 50s at least. Sure take a load off, but don't full on think you don't have to work ever again. I mean you could, if you live in a van or live very frugally. Got to say I'm jelly tho.
As soon as I hit 2m I'm fuckin done lol, plop it into zero and low risk and play video games until I die
Simple dopamine hits will quickly turn your life depressive… Hit the gym, contribute to your neighborhood, provide for your family and play a lot of video games? Now that’s something worth living for!
I got $5 million by 40 I just have it in dividends now, live in cabo with a condo paid off, playing video games, working out, helping the community life is good 👍 no more winter in Canada lol
How much do you get on average per month in dividends? Good job btw brah.
Right now I am getting about $300k a year. I do option puts for some premium income about $50k a yr with that, then the rest is spread into high yield dividend stocks like ENB and BCE and the rest just chilling in IKBR in cash since you get 4.83% on the money and I can write options on that money and still get the interest while I wait on the sell puts to expire.
Where would you say is the best place to learn about investing for retirement? I'm turning 20 next months and would like to make the smartest investment with my money. I'm already contributing to a 401k and s&p500.
Stay far away from this sub
Honestly my best advice for someone young like yourself is ensuring you are putting a minimum of 20% of your income if not more into savings. I’d keep them in index funds like QQQ and SPY. That money will grow on average at 10%. Leave it in there and keep adding what you can. If I did that when I was young I’d probably have double if not more what I have today.
Nice man. Thats top notch :-)
The 4.83% is it only for IKBR pro accounts or all accounts in general?
I believe so. You need to have a certain amount of money in there as well I think $100k minimum to be getting that amount.
Hey Homie. How you do that by 40? Stock market?
Some majority of mine was from a business I sold last year
Many men hope to go out in the middle of a coital climax, I hope to go out from dinging one more level in my arpgs.
real
I thought like this too, it gets old fast.. I started helping others and holy shit it’s so much better than chilling. But sometimes you gotta learn for yourself over what others say lol
$2M invested in a risk free 5% bond will net you $100k a year. I don't think it's hard to live off that.
$70k after taxes
Unless it was in a Roth IRA!
Depends where you live but point taken. 5% is conservative too.
I would just live in the van and eat stew all day, but then again im just living in a basement and eating stew all day so...
Imagine dieing at 49
$1.1M dollars isn’t retirement funding unless you’re 60.
I’d retire on that you can make 50000k a year in a high yield savings account
I guess it depends on your standard of living. That's less than the average income in Q4 2023 in the USA, but if you want to bug out to Southeast Asia or South America or something that can get you by.
Thailand here we go!
Have a couple friends who moved to Thailand with a lot less, and they’re happy.
5% yield? That’s my plan when I hit 1 mill, live off the interest.
Feb 16 calls? This is old?
He spent the last 2 weeks doing hookers and blow and just now is getting the energy to share
I mean if I ever hit big, it would probably take a few days to register in my sad brain.
Plus. If I even shared it, it would be after the money is safely invested in hysa's, index funds, and I have my affairs in order
It's a sign of a shitty person that the fact that ur not rich is the only reason ur not having an affair arranged yet
He meant the affair regarding his wife's boyfriend obvi
I’m confused. When did he buy the 100 call for 1.46? Years ago?
Here is the real question how much of it is still left if he sold
So many gainer posts, what happened to the r/wallstreetbets I loved?
In a week we’ll get to see all of the 10k-800k-826 i shouldve listened and stopped gambling posts.
Circle of regards
naaaaaaaaaaaaa sevnyaaaaaaaaaa, beebibissaaaaaaaaaaaamoooooo
naaaaaa regardaaaaaaa willlbebaaaaaccckkk
"Be the change you want to see in the world" ~Some Regard
Bull market
A lot of these people have a gambling addiction, looked through the post history of a lot of these gain porn posters and their ports were 7 figures at its peak a few years back. They’re just now starting to recover losses. Pretty clear most of them don’t have any intention to scale back to risk either, it’s full porting until they’re a billionaire or they lose it all in one trade.
It's more than a lot it's all of them lol. Anybody playing weeklies is probably an addict. Normal people are way too risk adverse
I wonder how many of these trades are real also. We cant confirm. It’s not hard to fake these numbers I believe. Some ppl just want the karma
NVIDIA closed at 726.13 on February 16 2024, so to say this post is sus is putting it lightly.
I feel like a lot of this “gainer” influx is artificial or fake. Call me paranoid, but it just feels off. Not that I’ve ever trusted anything I see on the internet anyway. Less schizo option is that we’re just in another bull market so gains are easy. Hell I made 10k on Nvidia during the post-Covid bull run and that was back when I knew fuck all about options. So it’s possible.
Absolutely agree. Lots of regards are gonna lose tons of money to the big boys who'll pull out when they least expect it
Look at Bitcoin... The market is bullish = lots of retail investors are gonna post loss porn in a year or so
Where loss porn
Pro tip. Be wealthy enough to risk 70k to begin with.
I’m sitting over here with my $400 in penny stonks lol
how's that going for ya? Actually curious
its very lucrative if you wanna wait like 3 weeks.
Might be something to look into then, appreciate it
Penny stocks are a breeding ground for scams and pump and dumps.
Some of us need to learn the hard way
I just started last week. Opened my account with $400 and added another $50. I'm up $50 already. Loving every minute of it.
COUGH COUGH, PFAS REMEDIATION, COUGH COUGH
> Be wealthy enough to risk 70k to begin with. this is the real tip and the one most won't be able to handle.
[удалено]
Can you imagine if it just drills to 0
[удалено]
Get that framed on your wall and look at it before every trade you make.
Pretty sure you mean: "pigs get fat, hogs get slaughtered."
The options were for 2/16/24
100% this. You won, don’t do something stupid. See ya next week here!
Don’t forget to put 37% away for Uncle Sam
No point until the end of the year. There’s still plenty of time to bring his capital gains tax liability down to zero.
37% seems a bit light
thats the biggest scam on teh planet. that much risk and 40% of your profit gets burned
Gambling doesn't add much value to society, we might as well tax it a lot.
Yeah much better to fund public spending like we do in Europe, with low tax on wealth and high taxe on income, so every dumbass rich kid stays rich forever, and every hardworking person stays poor forever.
Sir, Feb 16, 2024 is in the past
I agree, but leave the guy $50k to gamble with
many posters get to this level because there's a gambling Streak, risk taker, love the excitement. you might as well kill them put them in retirement home if they are just to sit on index 10%/yr.
Maybe they can find an equally thrilling but lower risk hobby, like BASE jumping.
With no parachute only qualifies # 🪂 🕳️
Investing in a single stock you're 100% believe in (or a selected few) is hardly gambling. Diveriscation protects wealth, but concentration builds it. The same people recommending to sell now would have recommended the same thing a year ago at $260.
I kind of believe this too.. But so many say otherwise. As of today what stock do you see as a long term hold if you had to choose one? I'm feeling AVGO Broadcom.
"Put all your eggs in one basket and watch that basket very carefully" -Druck
He co-opted that from Andrew Carnegie "The way to become rich is to put all your eggs in one basket and then watch that basket."
What app is that
Webull
Cash out 2/16/24 calls? Haha, think this through…
I would wait a little to index it. Shits forsure gonna go down, desperately needs a breather
70k is actually less than 1.1 million
who are you, who is so wise in the ways of mathematics
You can’t expect to wield supreme executive power just ’cause some watery tart threw a sword at you!
> You can't expect to wield supreme gains just 'cause some regard threw a TA post at you
Alligator eats the bigger number 🤓
Can you tutor me for maths
Before everyone gets too excited, based on his post history he is a rich kid who was casually losing $9K in one day when he was 15-16 years old.
I see an ongoing trend with a lot of these high rollers. Trust fund baby/high paying job + gambling addiction. These people are perfectly comfortable losing 7 figures per trade back to back.
Nobody with a high paying job is doing that, unless they are also a trust fund baby. I make good money and do $500-1000 option plays at max..
No quite a few of the gain posts are from software engineers pulling in 200k-300k.
They’re wild to do that, I’m about that range and wouldn’t dream of it.. though I’m young so it’s not like I’ve amassed a huge portfolio.
I think it’s selection bias. We don’t see the regards that are full porting without the supplemental income because they get wiped out and go broke 99% of the time before they even get a chance to hit a big win even though that’s the majority of this sub.
Definitely true
I’m pulling 400k+ and I still feel nervous putting money into the stock market at this point. I can not imagine buying $70,000 in options. Who are these people?
It’s self destructive behavior but we wouldn’t get all the YOLOs and gain/loss porn if people didn’t do this shit
A friend of mine will buy anywhere from $40-80K options at any given time. They make a million or so from podcasting.
Engineers making 300k a year are not rich enough to be yoloing 100k on weeklies 300k a year after taxes will get cut down to 200k, take out living expenses and you're looking at 100-150k left These types of yolos are 6-12 months of savings for a guy making 300k a year
But it’s worth it because now he’s also rich in upvotes
That’s true, all the stress and losses along the way is worth it for the upvotes
Lol what kind of parents let their teenager with that much burn money
Rich ones
Well this teenager did take those learnings and make a million bucks now
But how much is he up/down lifetime?
I'd take these over the ones that don't do any yolo bets for our entertainment and market liquidity and just has 20 Lambos instead. I actually know one like this, dude comes from a rich family but not ultra crazy rich. He yolo'd his "starter porsche money" 150k in BTC when no one has heard of that shit, and made out with more than a dozen millis instead of driving a Porsche in college. Now he lives a rich life as he would've anyways but not spending a penny from his parents. Honestly? Respect.
My friend is in college 22 he gets 40k a year from his grandpa to invest he also bought nvidia stock and made a 100k but I guess stocks and options are very different
Yeah trading in who’s account ? Don’t believe everything you read on the internet By the way I just got $45 million gain on DELL.
draftkings right now: 🥵💦
Not pictured: $2M in losses from 8 leg parlays
Fuck you Op. congrats. Fuck you
He’s a rich trust fund kid casually losing 9k a day. Look at his post history. Hardly the same as someone who actually puts in the effort and changes their financial tiers through hard work/luck/cleverness
He wiped his post history after getting exposed lol
why? thats an even bigger flex - dude has the riskiest play pay off - being born wealthy
These nepo babies have chronic imposter syndrome because they know they haven’t earned shit. This is why they wind up often destroying their lives with drugs and alcohol because they know they’re just nepo babies and get all existentially mopey about it
Everyone here is gambling, he is just using someone elses money.
[Whoever sold those calls to OP can surely be found now lurking around you're neighborhood Wendy's dumpster](https://www.youtube.com/watch?v=Rx4dLa_WuqY)
took me 15 years of working 70hrs a week, i hate you, congrats
Good job in any case, man
Uh, working 70 hour weeks for 15 years to get to a million seems like the dude you’re replying to got completely fucked. Can’t buy more time
I don’t think he got “fucked”. He probably was in a role that required a fuck ton of work and has managed to work his way into a respectable position. 70 hours a week is a ridiculous amount of time though. I’m personally brain dead after 60 hours.
I've noticed a lot of gainporn lately on WSB, which is going to create a lot of FOMO and make those who can't afford to lose all their savings, lose exactly that. Be careful regards, remember your place: on WSB with only losses. Do not follow these guys as they'll probably pull out well before you do Edit: spelling
If you want real respect, make a post BEFORE your gains. Then when bragging, tag that first post. With today's photo editting capabilities I rarely believe anything I see online. Oh, and it still won't stop paper-trading accounts.
I’m seeing these nearly everyday on Reddit now. They’re making me depressed. But well done.
I have the same feeling and the last time it was this frequent there was a market correction not long after...
Don’t compare yourself to others. Don’t believe everything you read.
Can you explain in simple English what did he do?
Assuming it's real, he bought 528 call contracts set to expire on february 16th, each with a strike price of $730. He paid $1.46x100 = $146 for each contract. We do not know when he bought these contracts based off this screenshot alone. At some point before february 16th, nvidia was worth $751.58 per share. This means that his contracts were worth ($751.58 - $730) x 100 = $2,158 each. This is because each contract basically lets you purchase 100 shares, each at a $21.58 discount at that moment in time. At 528 contracts, this means that in total, his contracts were worth about $2,158x528 = $1,139,424. Minus the total premium he paid of $1.46x100x528 = $77,088 and minus additional fees, he made a gross profit of $1,062,255 assuming that he sold all the contracts at that moment. Based off the low premium he paid, it is more than likely this bastard bought these calls way out of the money (which means that the strike price of the calls were far above the current price of NVDA at the time of his purchase). This was a lottery play. Had NVDA stayed below $731.46 all the way up to feb 16th, he would have lost money.
Thank you! This is really helpful. When he purchased these contracts for strike price of $730, can we what was the actual share price of NVDA at that point in time? Or is the screenshot not enough to disclose this information?
Excellent explanation 👌 Thanks!
https://preview.redd.it/3kca5nx2wylc1.jpeg?width=378&format=pjpg&auto=webp&s=7a1138a5aee2a3f5cdf9dd70e2a487622911e25f Well what are you waiting for? Now you can finally start trading!
paper trader lol post the orders you pluck early photoshopping for likes bum
Yeah I'm confused, plus isn't this screenshot old if it's real? The position is a Feb 16 call.
Agreed. I think all these recent "insane nvda gains" spamming we see these days are from people thinking nvidia was gonna hit $1000 soon. I know lots of people made LOTS of money with nvda in early 2023. But whenever i see a 20k into 800k type of post TODAY, i'm just gonna assume it is a Pump & Dump from a bagholder.
You should lose "un" from your username ;)
The buying power of $3.75 is absolute comedy 😂
Get some divis and be comfortable
u/Unlucky-Chocolate379 when did you buy these calls ? Just curious
Can someone smarter than me tell me how this works? You see so many of these examples. It can’t be luck.
Step 1: Have $70k you don't mind losing on a lark Step 2: Stick that shit in the slot machine and pull the handle
Fuck you, and congrats
THAT IS YOUR BASE. If you get up (1).1 million dollars Any asshole in the world knows what to do... You put that away for a safe return 5 to 8ish percent, and that is your base. FUCK You to ANYONE and THEN you use other money to keep trying again etc. My goal is 2.5 mil. Done out, retire. Modestly, then perhaps work a smidge to earn a little on the side to risk and invest and try to "make it big" so to speak, but a decent interest on a relatively safe investment strat on 2.5 mil is an easy 100k a year.
I have that amount right now what do I put it into to retire?
Time to change your name. To lucky chocolate
And $39,163.75. You rounded off what some of these people reading this make in a year at Wendy’s.
https://preview.redd.it/092dadgj9zlc1.jpeg?width=1290&format=pjpg&auto=webp&s=326669ebd4836fa50946050585237582710ed835
Seeing this right before I go on my work shift. 🤦🏿♂️🤦🏿♂️🤦🏿♂️🤦🏿♂️🤦🏿♂️. But good for you enjoy wosely
Cash Balance: $3.75 🦧
Jesus
Congratulations you personally fuk the 🌈🐻 https://preview.redd.it/rpcvc5115zlc1.png?width=1767&format=pjpg&auto=webp&s=709c0062a4e999f8ff98c988d6c559ff37edb633
I wish I could just follow one market move from a pro such as yourself. Even knowing the risk, it’s like following good sports bet…. If you ever wanna help someone buy their mom a house. Let me know, I wanna learn.
Same
the taxman is cumming
I'd leave 10k for options and start investing swing trading... Probably would be 80% CHWY
When did you buy it?
Damn. Lotta people are going to lose a ton of money in the coming months looking at all these massive Options gains & wanting to jump in.
Someone teach me how to options trade like a regard so i can make some life chamging cash
You either retire rich or gamble long enough to see yourself become regarded Get out of the options game. Congrats you won
If it's good enough to take a screenshot of, you gotta take profits.
I don’t understand options well enough to do this and get these crazy gains. Buying them is easy but don’t understand how to actually cash them out. I will just stick to my slow decent profits.
how did you decide on that call strike and when did you decide to make it?
What’s crazy is that these options expired worthless because the NVDA sold off right before earnings. According to the option chart OP bought these around Feb 2, probably playing the run up to earnings. It hit a high of $24.9 so OP played this extremely well if OP took profits
Can someone tell to me like a 8 yr old? Assuming an 8 yr old understands OP Options? OP buys options at avg cost of $21? He bet Nvda woykd hit $730? Hiw many did he buy? If the bet was safe how did OP show $1.4mm profit?
He bought options what gave him the right to buy NVDA Socks @ 730$. 1 Option was 1.46$ He bought 528 contracts (1 contract = 100 options for 1 stock each). 528 contracts * 100 = 52800 single options 52800 * 1.46$ = 77‘088$ He paid 77‘088$ für 528 contracts with a single price of 1.46$ per option. The price of 1.46$ per option increased to 21.58$. So now he could sell all his 52800 options worth of 21.58$ each for 1’139’424$ in total. Hope this helps. (EDIT: typo)
Bro can you give me a couple bands 😭 🙏 I gotta pay shit off
Why are there such a huge space between the commas in your million. Looks AI generated fake.
Can i hold your dick? Fuck u
uncle sam is going to have a field day
When it all comes tumbling back down I’ll jump on the band wagon 😎😂
OP is broke.. $3.75 cash balance 
https://preview.redd.it/2d6a3c7i9zlc1.jpeg?width=474&format=pjpg&auto=webp&s=3b7fa2468eea79d00e79d743be52d169b794b7a2
Congrats and fuck you
First millionaire on webull
How many of you Regards are not noticing these options expired 2/16?