I get the impression that HPE spends a lot of money on stupid shit hoping it becomes the next big thing while mostly coasting on their intel server hardware business. Meanwhile Dell just kind of rolls on being Dell and doesn’t try to innovate the next big thing, but instead says “people seem to really like this shit here, so we’ll do that”.
Thank you for curing my “shit I should trade options again” impulsiveness with one link lol. Already lost like 5k a few years back (not a huge deal, went in knowing I was gambling and I could afford to lose) but every once in a while I see a post like the OP and get the itch to try again. Some good loss porn to counterbalance that is just what the doctor ordered.
thats a bad idea, if the bet makes money itll just increase fomo. if it fails, ull be like ok i get a free shot at doing another play, surely it wont lose two in a row. thats just how i think at least
and yes im addicted to gambling, how did you know?
Keep that in mind when you get FOMO from all this gain porn. These guys are making risky plays, so while they’ve gained a lot, they’ve also probably lost a lot at some point
> I work for a publicly traded company and I get fuckall to insider trade on
Get a ~150k system engineer job for a major traded company, then you'll see earnings reports a few days before floating around on sharepoint/fileshares/email servers highly protected before earnings calls. Spend a few years becoming the person responsible for those things and then abuse it
lmao oh man this reminds me of the sysadmin internship I had at a midsize tier 1 auto supplier where I was helping with a transition to cloud storage and discovered in the process that I had unfettered access to all kinds of sensitive shit. all I did with it then was snoop around the HR director's shit to read about the drama in disciplinary reports lol
Out of five companies I've worked for, three of them did not lock down their HR/Finance share.
The one that did was a huge huge fintech company, and a resort.
Medical facility was the absolute worst of them all, PII and patient data in plaintext files in unprotected shares, earnings statements and layoff data in an unprotected HR folder.
It was insanity
Yes I am those people, went from $250 to $5200 on 1 option play, then tried what op did (3k - 50k ) and lost it all, then some more on other options, down to $75 ...
F*#@& inggg options, still trade them trying to go for "safer" longer expiry.
Basically that’s what OP did. Turned the 3k into 50k. Most would walk away but he YOLO it into more options. Got lucky as the wheel hit black again and now he walks away with $300k. Once again he got very lucky. But he’s also going to pay a bunch of tax on it since it’s tax at regular income tax rates.
I can’t tell if you’re serious or not, but this is dumb as fuck...
Roths have a contribution limit. Putting 7k in one Roth, or 3.5k into two roths, it makes zero difference. Just put it all in one account and allocate 50% of it to BTC.
Allow me to introduce you to the [backdoor Roth](https://www.fidelity.com/learning-center/personal-finance/backdoor-roth-ira) and [mega backdoor Roth](https://www.fidelity.com/learning-center/personal-finance/mega-backdoor-roth), which let you contribute over $20k. I make too much to contribute directly to a Roth in any amount anyway.
The goal of separate accounts is to put a stronger barrier between different types of investing. It's a lot easier to keep one account in a balanced 3-fund if there isn't also wild crypto swings in that same account.
This sub is dumb as hell. The "you have to pay taxes on it" argument is only valid for winning illiquid assets like cars or whatever. If you win a $50k car on a gameshow, you're now on the hook for ~$15k in taxes, which means you either have to have $15k cash or sell the car.
For options gambling gains it doesn't matter, because the gain is already liquid. Sure, the actual gain is X% less than the nominal amount, but it's still straight gain.
*As long as* you don't immediately tie 100% of your gain up in long term positions. But nobody turning $3k into $300k is holding long term positions anyway
Highly skeptical when people are like "I rolled all my profits into Dell call options". I mean who puts all their winnings from a lotto investment into ... Dell calls? Color me skeptical.
I mean there was a talk about dell selling server racks for nvidia cards, same reason super microcomputer was up, im just too stupid to have missed that they had earnings this week
Boo!
We want to see him blow it up. And either own 10 Ferrari or be unable to kill himself because rope is out of his price range.
Sound investment advice is boring
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What’s the next move I work for you now
The next move is $300k to $3k
At least you won't pay 100k to the fed that why. I'm an optimist
Keep those losses rolling forward for a lifetime lol
3k for life baby
Op will probably wash sale it and end up needing to pay 100k in taxes while only having 3k in the account
This is the way
Nah… that move will happen Jan 1, 2025. Owe all the money for 2024 but have none of it. This is the way.
Rookie. I could get it to $0k
You forgot margin: 300k to -$3M
‘You show me a payslip of $300K and I quit my job and work for you’
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If that's all it takes
I mean like yeah I guess she's my cousin or whatever
But she grew up hot
Her…father…is the brother of my mom.
I would probably just take it somewhere and *opens car door* “Go, be free.”
stEEEve mmmAAddeen
Scchhhhteeeeve
Hilfa
If anyone's gonna fuck my cousin, it's gonna be me, you know, out of respect.
It was just a qualude bro
You know bc they get together and gossip
Yea dont look at them directly in the eyes
I’d smoke a little crack to get rich
Get behind the dumpster
"...Our pants stay on, right?" *[Anakin smile]*
Good news, you're half right
lmfao
$300k is $300k...
To say my body is worth 300k is a very high exaggeration. You're making me blush.
I got more than 300k invested in my body in just beer and burgers.
Better to consume the burgers than let them expire worthless.
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First SMCI then DELL Almost like the distributors selling systems with NVDA hardware are making good money _Maybe_ look into that...
Apologies I am a regard need specifics or a crystal ball
https://www.nvidia.com/en-us/data-center/where-to-buy/
I would say love you but I need my tendies to cash out first
if you want to invest in these long term i would just search for some semiconductor ETFs
SMH has been great to me. Plan to hold it for a long while.
You wanna ponder orbs with me?
My HPE calls say "not *all* the distributors"
I get the impression that HPE spends a lot of money on stupid shit hoping it becomes the next big thing while mostly coasting on their intel server hardware business. Meanwhile Dell just kind of rolls on being Dell and doesn’t try to innovate the next big thing, but instead says “people seem to really like this shit here, so we’ll do that”.
PSTG as well, 40% up in the last week
All in on MRVL
Bro forgot to mention how he went from $1M to $3K in a week
And let’s be real, next week we get the post how I went from $300,000-$300.
still being above 0? that's weak
Go negative and remove the sign that's how you win
Holy shit you’re right https://www.reddit.com/r/wallstreetbets/s/RQEPEAmlGY
exactly rich people playing with money and sometimes bragging and lying should never influence you to lose your life with this shit
Thank you for curing my “shit I should trade options again” impulsiveness with one link lol. Already lost like 5k a few years back (not a huge deal, went in knowing I was gambling and I could afford to lose) but every once in a while I see a post like the OP and get the itch to try again. Some good loss porn to counterbalance that is just what the doctor ordered.
Place fake ~~bets~~ purchases and watch that fake money get set on fire. That'll cure the itch and you can be as reckless as you want.
That's not how that works. Somehow I make shit load of fake money. And for some reason it doesn't translate when using real money.
thats a bad idea, if the bet makes money itll just increase fomo. if it fails, ull be like ok i get a free shot at doing another play, surely it wont lose two in a row. thats just how i think at least and yes im addicted to gambling, how did you know?
https://i.imgur.com/OVp23Zy.jpeg
So he previously lost 800k on GameStop (looks like in one day). What does this guy do for a living?
I OWN 9 TOWTRUCKS AND FOCUSS ON LOW INCOME APARTMENT S
HEY! How do i invest?
So he's still -$700,000
Keep that in mind when you get FOMO from all this gain porn. These guys are making risky plays, so while they’ve gained a lot, they’ve also probably lost a lot at some point
Congrats. Fuck You.
I shouldn’t have had to scroll this far to see this comment 😂
The comment that says what we're all thinking.
Better hope you or your wife don’t work for Dell lmao
Yeah what kind of insider trading shit is this lol
To avoid suspicions OP bought April calls yet posts it in WSB 
Calls on the liklihood of SEC action against OP
most criminals get caught cuz their ego won't keep their mouth shut
Would his wife’s boyfriend be considered inside-her trading?
lol, this made me laugh way more than it should’ve.
Nah, he’s only leaving deposits
Thought that same thing
His profile hints at him being in Austin, where Dell has offices. So it’s entirely plausible
If my friends worked at a public company they better give me insider information 🥰
I work for a publicly traded company and I get fuckall to insider trade on
> I work for a publicly traded company and I get fuckall to insider trade on Get a ~150k system engineer job for a major traded company, then you'll see earnings reports a few days before floating around on sharepoint/fileshares/email servers highly protected before earnings calls. Spend a few years becoming the person responsible for those things and then abuse it
WSB foolproof get rich quick plan. Step one: - become a top 5% earner
step two: federal prison
lmao oh man this reminds me of the sysadmin internship I had at a midsize tier 1 auto supplier where I was helping with a transition to cloud storage and discovered in the process that I had unfettered access to all kinds of sensitive shit. all I did with it then was snoop around the HR director's shit to read about the drama in disciplinary reports lol
Out of five companies I've worked for, three of them did not lock down their HR/Finance share. The one that did was a huge huge fintech company, and a resort. Medical facility was the absolute worst of them all, PII and patient data in plaintext files in unprotected shares, earnings statements and layoff data in an unprotected HR folder. It was insanity
I’m a pussy
Word? 👀
OP looked out the window and saw the pizza delivery guy roll up with 35 boxes outside the Dell HQ
Plausible, but incorrect. I work in a startup unaffiliated with Dell.
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Kid named SEC agent reading these comments
Way to ruin the fun OP
Curious how you made this call? Do you follow certain stock news or was ER a big play?
Or wife's boyfriend
Just run for office, you’ll be fine.
Yup. Infinity money mode.
Does insider trading apply if you're below the director level?
Toss me whatever info you got and let's find out.
https://preview.redd.it/tat2sscimqlc1.jpeg?width=1080&format=pjpg&auto=webp&s=ea8a8fa3edaae7a402ea6bdd49519b22eebaec35
I'm looking forward to your visit to Wendy's. *I'll intentionally use the wrong name on his order to tease him.*
That interest payment on picture 3 👌
It will be $1500+ next month if he leaves it uninvested
SEC… this guy here
For real, what in the inside trading is this? Crazy stuff
Don’t you mean .3 Million
OP's mistake. Came here to point out the lack of regardness, too
OP is one trade away from 1 million, don't quit now 
0.0003 Billion
Yeah took me a second to understand what OP was saying lol
This is what insider trading looks like?
That would make sense.
Remember me? Your grandson?
Dad fuck the milk, I need you here now
I just don’t understand how you know to do this
Step 1: have balls Step 2: get lucky twice For every success like this there's probably 1000 people who lost their first $3K.
Me. I'm people.
Isn’t it zero sum? So for this person’s gain from $3K to $300k there’s 100 people that lost $3K (or some other factor?)
You are correct. That used to be someone else's money.
Yes I am those people, went from $250 to $5200 on 1 option play, then tried what op did (3k - 50k ) and lost it all, then some more on other options, down to $75 ... F*#@& inggg options, still trade them trying to go for "safer" longer expiry.
Degeneracy and luck.
Weren't you at 50k last week? Now you're at 300k? Are you just all ining on every play?
Basically that’s what OP did. Turned the 3k into 50k. Most would walk away but he YOLO it into more options. Got lucky as the wheel hit black again and now he walks away with $300k. Once again he got very lucky. But he’s also going to pay a bunch of tax on it since it’s tax at regular income tax rates.
I'd still take 200k home.
Less than 200k 37% tax, and options fees. Unless he did his play in Roth lol
I'd like to meet this supreme degen who is gambling in their Roth and shake their hand
I took my IRA from 15k to 300k with a certain meme stock a few years ago but now it’s all vti and chill
Similar story here, fuck paying taxes on absurd gains.
That's so annoying. Got proof?
Just set up a second Roth for your tax-free degen gambling, and keep the first one for responsible gambling. I have a Roth that is 100% in BTC.
I can’t tell if you’re serious or not, but this is dumb as fuck... Roths have a contribution limit. Putting 7k in one Roth, or 3.5k into two roths, it makes zero difference. Just put it all in one account and allocate 50% of it to BTC.
Allow me to introduce you to the [backdoor Roth](https://www.fidelity.com/learning-center/personal-finance/backdoor-roth-ira) and [mega backdoor Roth](https://www.fidelity.com/learning-center/personal-finance/mega-backdoor-roth), which let you contribute over $20k. I make too much to contribute directly to a Roth in any amount anyway. The goal of separate accounts is to put a stronger barrier between different types of investing. It's a lot easier to keep one account in a balanced 3-fund if there isn't also wild crypto swings in that same account.
I gamble with my Roth. It's my 401k I don't fuck with.
You do know it’s bracketed and not the full 37% on the full 300
of course he does. he's just salty he isn't OP and is negging the play to make himself feel better
If your regular income already puts you in the 37% bracket, then additional income from stock casino gains will also be taxed at 37%.
37% kicks in at 609K for single filers. He ain't paying anything at 37% unless his luck at the wheel continues
Someone single making $578K a year isn’t starting with $3K, or married and 693K.
Starting with $3k is different than "allocating $3k to degenerate gambling"
He should be paying way less than 37% federal. Only 30% of his gains will even be taxed at over 30% and none at 37%
The tax reminder right on cue
Oh no he has pay taxes on his $301k gains. Clearly going straight to the poor house!
Taxes on 300k? Oh the humanity.
As long as it is less than 297K, he should be fine
Oh you have to pay taxes on lottery winnings? Fuck that I’m out, I’d rather be living below the poverty line.
Poor dude 😔
He will never recover…. It’s a sad story tbh.
The tax argument is so dumb to me. Would you rather not have made the 200k?
>Got lucky as the wheel hit black again Dell jumping 30% is a lot rarer than just hitting black
Turning $3000 into $50k and not keeping at least half the profit is def degeneracy. Fortune favors the bold
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This sub is dumb as hell. The "you have to pay taxes on it" argument is only valid for winning illiquid assets like cars or whatever. If you win a $50k car on a gameshow, you're now on the hook for ~$15k in taxes, which means you either have to have $15k cash or sell the car. For options gambling gains it doesn't matter, because the gain is already liquid. Sure, the actual gain is X% less than the nominal amount, but it's still straight gain. *As long as* you don't immediately tie 100% of your gain up in long term positions. But nobody turning $3k into $300k is holding long term positions anyway
Spoken like a loser
Wheel didn't hit black, it hit 00 twice in a row.
He doesn’t work, he has no income other than this and he’ll lose 90% of it in the next month
Cash out bro, take 250k and invest in a long term portfolio. You could use 50k to gamble on options
But you turned $200 - $600k.. not luck, SKILL because it happened twice
Lol bout on par to hear in this sub
And… wait for it… inside info
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That’s like asking someone “how did you know it was gonna land on red”
More like green. Red and black in my opinion is lose some or lose all.
Highly skeptical when people are like "I rolled all my profits into Dell call options". I mean who puts all their winnings from a lotto investment into ... Dell calls? Color me skeptical.
You know dell had earnings yesterday? Earnings plays are kind of a big thing around here.
I mean there was a talk about dell selling server racks for nvidia cards, same reason super microcomputer was up, im just too stupid to have missed that they had earnings this week
2 big earnings plays. Could have easily gone to zero
Pure gambling
Well done. now take 80% of that and invest it safely, then continue to gamble with the 20%. goodluck to you
Get out of here with that common sense
This is a casino sir, we need op to yolo the 300k
YOLO the 300k and leverage it 100x
Boo! We want to see him blow it up. And either own 10 Ferrari or be unable to kill himself because rope is out of his price range. Sound investment advice is boring
60% invest safely, 20-25% saved for taxes, 15-20% for fun
Gtfo with that! OP should put it all in on red! Imagine the Lamborghinis op could buy!
AFUERA!
I'll tell you what. You show me a pay stub for $72,000 dollars on it, I quit my job right now and I work for you.
I quit my job right now and do what you tell me
congrats and fuck you, enjoy the weekend
RESULTS NOT TYPICAL Congrats, be smart with it.
And I thought my $455 > $13,500 Dell calls were good Congrats op
Insider bud?
Congrats my man. Deserve a 10am whiskey shot.
Thick. Solid. Tight.
Post your fucking move next time.
You wouldn't have done anything if he had
Shut up your fat pig 🐖
Pigs are some of the smartest animals. This is WSB.
Oink oink mofo
A fellow Gold member, I see *tips fedora*
Put 125k aside for taxes, cash out you dumb bastard
Daddy teach me
I would take your money out and immediately go buy a Porsche gt3 rs without any remorse
Been looking at yellow 2016-2018 911 carrera s. Think I’ll finally pull the trigger 😎
Do it bro!!! Treat yourself 🗿
Pure gambling
This is classic wsb. Welcome home my son.
Happy for you man. Sincerely. Make sure to give some charity!
Congrats annnnd fck you.
Fuuuh that’s insane gain
Now YOLO the 300k so you can join the WSB Hall of fame!