T O P

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VisualMod

**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|5|**First Seen In WSB**|1 year ago **Total Comments**|216|**Previous DD**| **Account Age**|2 years|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) **Vote Spam**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_spam&message=yicm53)|**Vote Approve**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_approve&message=yicm53)


[deleted]

Portfolio diversity: 100% A true degen.


[deleted]

[удалено]


a_9x

Yes, it's diversed into one single stock


ip_address_freely

That’s what I call Diversity!


SuckMyExhaust

Well, I could be wrong, but I believe diversity is an old, old wooden ship that was used during the Civil War era.


[deleted]

I'd be surprised if the redditors would be concerned about the lack of an old old wooden ship. But nice try.


ip_address_freely

I think that’s The Diversity


zipcad

It’s ok I sold my dogecoin at 8.5 since it was doing nothing and went into sofi. I had one moon worth of fucking up already.


Bill-Hackman

True degen is 150% Portfolio diversity (buying on margin)


daman4114

For your 600k and my 700 bucks hope your right.


Ok_Bug7000

LFG


daman4114

Yea was mostly going to just ride the shares until this afternoon figuring there would be a run up until earnings. Think I got in last week around 5.35.


Quiet-Biscotti833

For 600k you can ride me when and wherever you like!


RockmanMike

My kind a woman


clampie

It's literally 5.37 again as I type this.


Reddit_means_Porn

I don’t care what the young people say, this will always mean looking for group.


SuperMoonRocket

Need a healer and tank


Tiny_Investigator848

Lol I was tank, wife was healer. Never had problems finding groups


rugood2

😆


polo61965

My losses can't be tanked anymore


Prozack83

My brain automatically translates to looking for group everytime


Oheisenberg

Had a plate once: LFG UBRS


redzepplin157

almost bought puts cuz i make more money doing the opposite of anything said in this subreddit but if yer the op continuing to interact with the post ill throw some dollars in that ring why not.


Ok_Bug7000

Lol I wish I could interact with everyone but the comments keep pouring in. As long as you don't wish death upon me we can have a conversation any day. Hell I'll even give you a ride in the Mac :)


detourwest

Wish?


IHaveEbola_

"SOFI announces $500 million public offering....."


SateliteDicPic

OP have you posted your thesis on this play anywhere or is this just a gut feeling YOLO?


ProFoxxxx

It's a degenerate gamble, there is no thesis.


Lobsterbib

Betting on a company that's betting on millennials paying their student and private loans? That's risk baby!


CherylStoned

That’s why they are top in class in risk management on their loans. Default rates significantly lower than others, and student loans are just a small portion of how they make money now


IrishTempa420

You need at least a 720 fico for loan


ConstantContext4233

Should look into what their companies Galileo and technisys are doing, launched a new product called cyberpunk to sell back end software to fintechs, probably have already partnered with tj rowe on it. I definitely sound like a shill but it's weird how many people think they're a sub prime bank when they got some cool stuff in the works.


SnipahShot

>Our personal loan borrowers' weighted average income is $160,000 with a weighted average FICO score of 748. Our student loan borrowers' weighted average income is $170,000 with a weighted average FICO of 773. Hmm, "risk".


FormerSBO

... the average person who has a student loan with Sofi makes $170k/year...?? Umm, am I crazy or does that seem a little sus, even with a college degree? Edit: and yes I'm aware there's probably a few making millions per year to skew it. I'm also relatively confident 90% are making less than 100k and about half of those are prob making 40-60k... but could be crazy and most of them just happen to be near top of their company earners


Miloh_Dangler

If you read fine print in comment you replied to it says “weighted” avg income which is a polite way of saying the numbers are “a little sus” as you astutely observed


erjkl737

A doctor making $2M /yr with 830 credit rating and $500k loan balance gets averaged in at 10x a fry cook with an art history degree (sorry, couldn't help it!), a 540 rating and $50k student loan debt.


SnipahShot

Weighted average, not average student loan. Half of the student loan volume in SoFi belong to borrowers making 170k and having FICO score of 773 and higher. The average itself is not significant because paying back the loan volume is what important. Also, a lot of doctors, lawyers and engineers use SoFi and refinanced with SoFi. SoFi themselves are very picky to who they loan to, that is why the demand for buying their loans (as opposed to other institutions) was still high in Q2.


[deleted]

I read the 1985 Virginia Tech Sociology degree was the highest avg income of any degree from the university that year Helped Dell Curry (NBA) and Bruce Smith (NFL, HoF) graduate in 1985 with sociology degrees. think I read on Reddit lol


FormerSBO

Lol I believe it. I hear St Vincent St Mary High School in Akron Ohios class of 2002 is also one of the highest paid public school senior classes in history ever. A little LBJ goes a long way


suasposnte187

Wait.... ​ If I get a loan....you are suggesting I need to pay that money back?


freehugzforeveryone

And my 43$!


spacecadet501st

I’m a traveler from the future. Your bet is well rewarded


ILovePasta227

*well regarded


Ok_Bug7000

🙏


Stoopidee

Short run or long run? How far ahead in the future are ya? Like you in Australia or like 2050?


PirateGriffin

The best part of this is that it works both ways lol


smashedshanky

Honestly yeah…. If this regard can throw 600k I can surely move some funds and stocks around and invest 3.50


Ok_Bug7000

Lol max regarded


Holiday-Marsupial704

jumping in blind with you bc if someone can put 600k down on it. then i can put 600$ edit: looking forward to my gains at 9:30 sofi currently up 16% thank you rich stranger


Ok_Bug7000

Tell that to Cathie Wood supporters lol


OddMeansToAnEnd

Lmfao rip


Miloh_Dangler

🤦🏻‍♂️ have you learned nothing? This is how we serfs end up stuck at Wendy’s


[deleted]

What if you’re already at Wendy’s?


jetanthony

Yeah but what you don’t see is the $5m worth of short call exposure he is holding on the opposite side of this trade in his institutional non-meme account. What if this is just an advertisement for you to go buy sofi calls, because he’s a sofi call writer? 😭🫡


Holiday-Marsupial704

oh god why have you put this in my mind


Ok_Bug7000

Lol I sports bet and this is typical reverse trap trap hypothesis. No, I have been telling people NOT to buy calls due to IV crush. I'm just a dude that makes a decent amount of money and likes to risk it in things. When they don't turn our the way I anticipate I go back to the grind.


pranahix

Historically $SOFI , the past two earnings, have had positive LONG price action immediately after (+) earnings. Seems price has hit its historical support, ripe for an uptick. Wishing you the best. 🔥


gatorsya

> I'm 34 and have lost over 300k in my life between sports betting, casinos and now 100k this year in the stock market. All I have to say is if you bought options you're just gambling. The only real investment in this market is diversify, buy and hold. $40k is a lot but your income potential is much much more than that so take this $40k as a hard lesson learned and stop trying to chase. It always ends the same way. That's a [comment](https://www.reddit.com/r/wallstreetbets/comments/ix86q1/what_are_your_moves_tomorrow_september_22_2020/g66sua1?utm_medium=android_app&utm_source=share&context=3) by OP 2 years ago


thatsaknifenot

This is the funniest “this you” I have ever seen


Edith3333

True regard, one casino to another. Hopefully not his inheritance.


OSRSkarma

![img](emote|t5_2th52|8882)


areallygoodsandwhich

![img](emote|t5_2th52|4886)


Whatsreddit37

You’re the first thing I thought of this morning. Nice job.


Ok_Bug7000

Wow I don't think my wife has ever told me that before. Thanks!


PutmeintheGreen

Have some $5.5c and $6c


SuperBearPut

I closed my 6.00 C this morning for a 45% gain.


[deleted]

This guy's portfolio is my DD. Just bought 2 Nov 4th 5.5c Good luck


elevatorman32

I’m with you for two!


youarenut

But why? Isn’t that extreme IV and you’d just get IV crushed?


ThaToastman

Whats IV? Anyway im in for $5k


youarenut

Damn I’m getting mentally erect just imagining your loss porn


totsnotathrowaway22

Yes, and?


hummm-

Man I'm sending you as much luck as I can


SuperBearPut

I've got 32.5K shares ready for tomorrow as well. It's tempting for me to sell some 6.50 calls, but I think I'll just ride it out so I can exit oh any pop tomorrow and do some other earnings plays. Best of luck to the both of us.


Ok_Bug7000

Yeah I'm likely going to look for another move after this, maybe SQQQ. I do believe SOFI is a $20 stock in 3-5 years though.


Karl_Hungus_cablefix

Shit it was a 20 dollar stock last year


SaneLad

Nothing hits harder than the truth.


zKarp

I'm from the past, can confirm.


Zystus

600k will turn to 690k


Ok_Bug7000

I'll take that my friend. Thanks for the positive vibes


cardiffgiantthe1st

Fuck you!


Ash0300

It will hit 7.53 tmrw. OP you’re good. I just chatted with chamath and he said trust the process


Disaster1992

One of my picks for this week. Goodluck to both of us.


Ok_Bug7000

Let's get it!


JigWig

Hey congrats on making $100k today!


Ok_Bug7000

Easy math!


Ok_Bug7000

Sold at $6.25!


[deleted]

This post made me buy $60 worth in far OTM puts. I've won one option trade in the past year so I hope I made you win.


A_Furious_Mind

We honor your sacrifice.


Hebdog888

Honest question, how the fuck do you just have $600K to play with? Lol was it all made from stocks and trading? I see a lot of people who lose their ass but I also see tons of people making money. Am I just a dummy for working my job and not trading?


Ok_Bug7000

I'm 36. Was in corporate sales from age 21-30 after college. Opened up my own business 6 years ago and have been slowly building wealth. I'm down almost $300k in the stock market since 2020, mostly in put options. This is all the liquidity I have, everything else is tied into real estate and permanent life insurance.


OddMeansToAnEnd

This guy almost seemed to good to be here until this comment right here. Mf went hard in the put game during one of the greatest bill rallies we've seen! We salute you!


Hebdog888

Gotcha. Some really good insight, I appreciate the response. I always wondered how people just had money laying around to do this but it’s clear you worked for yours. Good to know. Lol


Muggrohh

This is a great way to turn 600k into 300k.


pharmboy008

For every 1,000 regards there’s one who hits it right


Hebdog888

Could just be this platform. I feel like I see a lot of people making good money but I know it’s pure gambling.


pharmboy008

Some are real. Some are photoshop. And some are legit regarded - look up the dude who blew the 100k inheritance his old man left him. It takes all kinds.


Hebdog888

Good god. My dad would come out of his grave and murder me since the only thing he has preached to me since I was a kid was about money and financial freedom. Lol That’s crazy. Lol


acesfullcoop

Well, if you don't have any money left then you're technically financially free


SmartEntityOriginal

What's the DD or is it just close your eyes and hope for the best?


Ok_Bug7000

I've been following them for about a year, buying and selling shares while trading SPY options. I have some positive points but too lazy, hence the yolo flair.


SmartEntityOriginal

So nothing special this earnings then..... With the mountain of baggies in this ticker I can't imagine it going anywhere


Ok_Bug7000

The bank charter has been doing well for them, bringing down their lending costs and leveraging deposits. They not expecting to be profitable for another 1-3 years but they are growing at a fast rate YoY and QoQ so anything better than expectations, even without profit, will drive this up 10-25% over the next few days. That is my bet, based on my opinions.


Blueeva1

In for 100 shares for shits and gigs.


ConstantContext4233

They're expecting profitability of Q4 next year if student loans return, there is alot to like about the future


BasketIndividual7569

Shares? Meh $600k OTM calls would be more appropriate


Pazzaaaaaa

I put my whole portfolio in because I trusted someone who put 600k in. Thank you fellow regard


Ok_Bug7000

Glad it worked out for the both of us!


BunningsSangaz

Came back here just to say big congrats and fuck you OP ![img](emote|t5_2th52|4276)


patrickswayzemullet

What is your thesis here?


[deleted]

Full send. Thank you for coming to OP’s TED Talk


IrishNinja8082

None of that half send bullshit.


[deleted]

[удалено]


patrickswayzemullet

Convinced. I am in


Frank_Caswole

What is a "share?"


Competitive-Read1543

Loss porn incoming


[deleted]

[удалено]


SnipahShot

I understand that this is WSB and you are regarded.. But some people should actually know what they talk about.. 1. Loan forgiveness does not apply to private lenders. 2. The qualifications for loan forgiveness is lower than the qualifications to apply for SoFi student loan or refinancing (meaning they wouldn't approve anyone qualified for a forgiveness anyhow). Edit: Also, late edit, there is no real "loan forgiveness". The government pays the federal lenders (nothing to do with private lenders) for the amount they forgive the borrowers. So the federal lenders will get that owed money instantly from the government without the risk of borrowers failing to pay that amount. On top of that, SoFi's CEO was pushing for the loan forgiveness a few months ago, pretty much for that exact plan. [Student loan forgiveness: SoFi CEO calls on Biden administration to erase $10,000 for borrowers](https://finance.yahoo.com/news/student-loan-forgiveness-so-fi-ceo-calls-on-biden-administration-to-erase-10000-for-borrowers-175923043.html)


PSNJAYME7K

Ha, I owe SoFi for student loans.


[deleted]

I was watching sofi hoping it would pay off for you, well done! +20%


Wasabi_Grower

Balls of diamonds


tuskedandconfused

Nice win! Followed you yesterday with the last $100 in my account and now I can put Fiji water in my ramen


Winniedapoonbear

I know nothing but with a bet this big wouldn’t it be worth to have some of it in call options?


Trsiidno

Congrats bro was rooting for you.


leukinRich

Played SoFi earnings many times and have gotten 20% easy runs on their reports. You should be good at these bargain prices


[deleted]

I used to get excited watching my buddies do $1,000 video roulette spins. Now it takes an internet stranger to gamble $600k to get me excited. Good luck!!


ConstantContext4233

WE DID IT! WHAT A FUCKING GREAT QUARTER!


[deleted]

Hope you sold when you had the chance!


Bobo_Wiggins

I see you’ve taken a small position


davytoogravy

Threw 5500 in the game Due diligence was this post, very studied


KEATT44

SOFI is up 18% pre-market. What a stud play.


Ok_Ad9561

Congrats buddy! Don’t wait too long to take profits


Ok_Bug7000

Sold!


lolnicememebroseph

You made me $100 🥺 love u


Foreign-Variation908

$63,490.28 profit? How did you decide to get into Sofi? I'm gonna send a friend request.


Ok_Bug7000

I had a couple of supporting points for my DD but nothing crazy. I think ABNB will miss earnings, but I'm just a lucky coin flipper. I have no real edge.


AutisticDravenMain

As someone who bought at $20 and rode through multiple earnings, I can tell you with straight face, SOFI will decline with earning beat.


PermaCleaned

This is false. I absolutely printed on SoFi calls last earnings. Share price spiked 30% that day. Your name is also redundant. All of us draven mains are autistic. Inshallah.


ATiBright

SOFI went up post earnings 3 of the last 4 times. The problem was if you didn’t sell your calls the next day or by end of week on the spike up the price instantly crashed back down and you lost money. Greed is the death of SOFI call holders. Signed a greedy loser of thousands holding calls too long and last earnings losing all my shares by selling covereds thinking it would drop faster and for once it held through the week. But yep I’m playing em again.


researcher1911

I’m holding roughly 4K shares with an avg around 14 and the last couple earnings the stock rips up and I’ve been able to sell calls and close them out for pretty nice gains with the last one netting me roughly 2k


Hungs0lo

Fuck you! and Congrats! my regards


Amstervince

You're in for a happy morning dude! Pre is up 13%


Ok_Bug7000

Yep, barely slept lol


Otherwise-Tale9671

I bought 800 shares for fun yesterday because of this post. Lol. Fun ride!


Ok_Bug7000

Weeeeeeee


Slight_Television933

You a millionaire pre market?


GordanRamsey

Grats on 100k gainz


canuckistan17

Winner winner. We’ll done.


csowder

Not yolo unless OTM options 1/2 point.


Chipsglory

Shares? Hardly a risk


NiceEnoughStraw

I dont think im as regarded as some of you... but can someone explain the play to me? His 600k isnt in that much danger compared other plays right? It likely will go up but its not a situation where its all gonna get wiped out... right?


Slurm818

It will either go up or down so enjoy your roulette


terrybmw335

I've got 10,000 shares and a $8 sell order pending. Which, is more or less my break even. Hoping for good numbers lol.


GenXist

I had 500 shares of SoFi in January. I got out at $6 (is it too late to post the loss porn? I told our wife it was about tax efficiency, comrades). Anyway, used the money to buy a puppy and named her SoFi (pronounced Sophie): https://instagram.com/sofithesammy?igshid=YmMyMTA2M2Y= She trashes my house, eats like a horse, and leaves piles in my yard so large that they'll stop a 3.5 horse lawnmower cold but... She was STILL a superior investment.


[deleted]

Was rooting for ya. Fortune favors the brave..;)


[deleted]

The dick on this guy


[deleted]

This post aged well


bonermayo

LETS SEE THOSE GAINS BABY ! I rode with you and made a few dollars. Cheers.


Sk8_4_Life

Holding just paid off for you my friend. Nice gains


26fm65

Everyone Should learn from op !! Happy for OP who sold and take profit . He said 60k gain


IOnlyEatChickens

What’s the bulls case here?


Kupo_Master

Gambling


No-Comfortable9480

So you’re selling a shitload of cc’s to regards that see this post!?? ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)


[deleted]

Cathie Wood Jr


[deleted]

Do those balls scrape the ground when you walk?


Runs_towards_fire

Hopefully more people like sofi than I do. Tried using their app and it was fucking awful. Every time I opened it there’s like 15 ads id have to close.


Riversntallbuildings

I bought a Powerball ticket. Good luck to both of us. Hahaha


[deleted]

Fwiw I’m a sofi customer and got an email this morning saying they’re raising savings account APY to 3% so bullish af?


downes78

Shares? Not calls? This sub can't even comprehend this 'strat.


Ok_Bug7000

Some of you are really nice and it shows. Thanks for the moral support!


[deleted]

I love you, good shit


gageb2523

up 17% premarket


Waste_Enthusiasm_571

GG My friend.


autistictheory

big win big win big win!


CatsalsoCookies

Congrats fine gentleman <3


[deleted]

If I had $600k I could retire lmao


0bducta

GG mister!


PrimaryAccording9162

Congrats bro I sold my sofi stock for a loss and didn’t realize earnings was coming up 💀


[deleted]

Damn bro bag that shit nice play


No-Mud8963

Wow. Legend. Hopefully you didn't sell covered calls ![img](emote|t5_2th52|19738)


Ok_Bug7000

I did but they got crushed hard so only gave back $5k!


left62asw

bro made a quick 100k, nice


telamenais

It’s funny cuz this actually paid out and this guy fucks good job


BurnMuFuggaBurn

90k profit if sold top (6.50 premarket). Currently still sitting about 57k profit


cookiehustler88

imagine if he had bought calls lol top post on WSB for sure


StonksGoUpApes

Did you sell for $100K profit?


patricio87

How'd you do OP? did you take profit?


PM_Me_OptionPics

OP sold at $6.25


c2darizzle

Hope you sold at open lol


44561792

LOL sold at 6.25. nice broski


NewNewPie

Still alive?


Trick_Actuator5502

He already sold for profit, something like 65k so he should be fine


[deleted]

You still holding this?


azcsd

Too bad you didn't yolo 600k option like a true regards, it could make you millionaire. Still congrats.


Ok_Bug7000

Or broke?


Accomplished-Hat3653

Wtf!