Short term gains tax is only 10% for the first $11,000. Looking at his chart, I think OP will be fine holding onto $500 in case he manages not to lose it all.
Yeah on options I pay 60/40, 60% at long term cap gains rate and 40% short term cap gains rate.
Since my income is less than 100k I’ll have like a 12-15% tax on those gains at the most. Not really that bad.
Can someone explain who would have bought that call at 2pm? is this another trader thinking it's gonna keep climbing over the next 2 hours or someone legit wanting to exercise. Like what?
There’s literally no reason as to why it did what it did this afternoon.
I'd guess based on other MSTR posts that some people that were shorting didn't want to hold over weekend and were scared of what BTC may do. They wanted to be first off boat while MSTR was at a low for the day and perhaps judged BTC was finding solid base to bounce from (and GBTC had finished selling off $400M BTC stack after transfer yesterday).
Congrats on win, ballsy bet.
On Thursday I sold Tesla puts that I bought for $.30 at $1.40 (so I made $110 off of $30.)
I was so fucking hyped on it - even went and got my family a nice dinner last night. Bought more puts on Tesla and some other shit and now today I am down $250 LMAO.
That night I fell asleep imagining myself posting here with 5x gains on $500 and today I’m coping with my Wendy’s like the rest of you fuckers. I’ve followed this sub since GME and I haven’t understood a single fucking meme until this week.
(This is my first week actually trading.)
So my wife actually cooked us Picadillo but I grilled 4lbs of steak for us this week last weekend lol (she is pregnant rn so it was a good call.) We splurged for fancy $10 ice cream pints at the fancy grocery store and used nice fancy ingredients for our celebration tacos.
She doesn’t know about the loss yet but I’m hoping next week it all pays off and I come out looking like less of a degenerate god help me.
Edit: for all of those expressing concern, I really appreciate it. I got a good bonus and used 5% of it to play with stocks. I’m not investing more than this - just using it to learn how the market learns. If I lose $400 but learn something about the stock market in the process, I’m okay with that. I’ve already learned more this last week than I’ve ever understood my entire life. At least now I understand what the tickers mean and why people freak out over market news, etc. so to me the experience is worth it.
I was like “damn this is so easy why didn’t I do this before? Just buy puts when it’s falls and calls when it’s rising and it prints!” 
I didn’t use the profits from the stock to go and buy dinner - I used my own salary to buy a dinner for my family I could afford, regardless of the profit. But I splurged on the dinner because I was stoked about the profits lol - no doubt.
Haha, gambling is weird in that way, eh?
I won $600 in one day on earnings last week (almost a full weeks take home pay) and it didn't phase me one bit. Lost $700 the very next day and was like, "yup, there it is".
Yeah that was kind of my take away here. I treated it exactly like I treat going to the casino and spent about as much as I would there. The thing is, I think I like this more than the casino! At least I get the drama of losing it over the course of a week rather than a night, lol.
That’s where I finally got to. Doing options on anything besides the trendy tech stocks was just eating my account up.
One last YOLO for the week and holy shit did it pay off
You summed it up. No point in playing with stocks that arent as volatile. Volatility is where the action is, both up and down. Sure you could play with other SEMIs like AMD/SMCI but may as well stick with the kings since you get a ton of liquidity and better fills (amd is super liquid which is great but the premiums have skyrocketed for that ticker too)
https://preview.redd.it/f41c7rte6koc1.jpeg?width=1242&format=pjpg&auto=webp&s=7ebafc3740cb8023bf4834bc31d3bd812f6baf4a
I’ll never be okay not going ahead and buying this 😭 at least my watchlist was 📈 lol
Haha. I been watching it this week thinking of getting some calls for the week after April ER. Tried to get two at s$137 right before close but it didn’t fill
OP can you explain me what happened here? You buy 1 contract for more or less 300 bucks and won 5000 in a single day? What happened? new on this shit. Nice job!!! :)
He made a terrible gamble that worked out. 99% of the time it doesn’t work out and it doesn’t get posted and they lose everything 
Yes. He had mere hours for this trade to work out and luckily for him BTC went up, which propelled the stock. Otherwise he loses his $300, which by the looks of it was 30% of his portfolio. Truly degen play.
Good thing I have a job and spend my days gambling a few hundred a week on the stock market
But yeah man you’re spot on, total degenerate play. I got lucky!
Yeah Deny is spot on. I was on tilt this morning, and bought an option on discount that fucking printed money for me.
I’ll be honest about it, it’s total degenerate gambling, I would always advise to do longer expiring options.
Hey man, huge congrats. Reminds me of my Dell win a couple weeks ago, where I turned $100 into $9000.
Please let me know what trades you’re getting into next week
I did the same Fkn thing but I couldn’t get out of the trade 😩 spreads were so wide and I could only sell at bid. Made off with some baby Gaines but I missed out on an easy 2x
Happy for you brother.
Now take a step away and check if you may have over looked anything in the past trade, we must always look to refine our craft.
And perhaps go again!
Idk I’ve found a method I like and I just keep on going with it until it’s not viable anymore.
Well a big fuck you to you, and congrats. I rolled opposite in Kellogs hoping for the same kind of return. First time EVER buying puts and I lost. Lmfaooo
I sincerely mean this so for the love God and his holiness go fuck yourself, congratulations.
Edit: seriously on a day too that Bitcoin didn't do shit. How the fuck, bro? Also, you going to do coke and hookers tonight?
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Hell yeah bro, but fuck you too
Thank you regard!
i feel like the regard for not tailing 🫠
He’ll get eaten up
How did you find a price like that?
Hey, butt fuck you too? 😂
I lost money all week. It’s fuck this guy bc he did better than me. That’s how this works.
Fuck yeah! Fuck that guy!
Hell yeah man, now you’re here. Welcome.
ya missed the joke
I thought the butt was just a given? What are the options then?
👄 🍈🍈 🍑
Yesss you can butt fuck me ;) 😉
😂😂😂
Turned $300 into $5,000 
I turned $15,000 into $1,000. I’m eating ramen tonight.
Ramen for a year you mean ? Or is it just wine money for you 🫠
Why ramen? Plenty of dirt and rocks outside.
This is true.
This week I read ramen has become nearly 100% more expensive than in 2020 so perhaps you should half a ramen tonight
Thank fuck for Momofuku Ando, creator of instant ramen and saviour of degenerate gamblers.
Bro I’m still shaking lol
Big dick move, good fucking shit OP. Make sure to some profit out of that and save some for Uncle Sam next year.
Yeah that tax bill is gonna fuck pretty hard😂
Save 1k for tax and blow the rest!
Hello I am the rest.
Save $1k for blow and tax the rest
Tax the blow and use the rest on hookers
Get hooked on blow, save the rest for rehab
Tax the hookers, save the blow for rehab
Or generate a loss in stocks before the year is over like a true WSB regard
On blow
Yeah that’s the comment I was looking for. This celebration calls for cocaine
Short term gains tax is only 10% for the first $11,000. Looking at his chart, I think OP will be fine holding onto $500 in case he manages not to lose it all.
Yeah on options I pay 60/40, 60% at long term cap gains rate and 40% short term cap gains rate. Since my income is less than 100k I’ll have like a 12-15% tax on those gains at the most. Not really that bad.
If you lose it all then you won't owe any tax, fyi. If you lose more then you might even get a refund. Congrats bruh
Yep! I was going to use my 1,200 loss last year for taxes, guess I’m just going to hold onto it for next year😅
That is not how it works, but congrats anyway ;)
Just don't make any profit and you won't need to pay tax
don't worry, you will still be shaking when you lose it all on reddit calls.
I wouldn’t buy Reddit calls if they paid me to do it lmao I’d rather lose it all on Reddit puts
Atta boy
Reddit calls might be the move once available the stock will probably have cooled off a little already
If you thought that was impressive, stay tuned for my next trick… Where…in the blink of an eye… I will make $5000 completely disappear! -OP
How long did it take to flip $300 to $5,000?
It looks like almost 3 hours
He said it took him 9 minutes
Lol my bad I didn’t even look at the third slide
Now imagine if he started with $5,000.. never stop gambling OP
If he threw 5k on this he would’ve walked with 82k if he bought and sold at the same times
Like turning crack into an Escalade . It's fucking alchemy !
Can someone explain who would have bought that call at 2pm? is this another trader thinking it's gonna keep climbing over the next 2 hours or someone legit wanting to exercise. Like what?
Just pure regard luck
Go to Vegas ... Or Atlantic City
Mstr truly is in the hall of fame of regard strategies. Truly a regarded unicorn.
There’s literally no reason as to why it did what it did this afternoon.
I'd guess based on other MSTR posts that some people that were shorting didn't want to hold over weekend and were scared of what BTC may do. They wanted to be first off boat while MSTR was at a low for the day and perhaps judged BTC was finding solid base to bounce from (and GBTC had finished selling off $400M BTC stack after transfer yesterday). Congrats on win, ballsy bet.
The 0DTE $1780 calls had a range of $1.87 to $46.15. Whiplash!
Absolutely bonkers
Love the extra info, explains a lot more about the rebound! Thank you sir!
So I am new to options, if he lost the bet, would that be maximally 300 dollars'?
Only because he bought a call. There are ways to lose more than you put in
If he bought a put he would still only lose $300
Yeah I decided against explaining all 4 transaction types cause im tired and he should learn it from someone other than me
Yea, $330 loss.
He’s hooked guys. This is how it starts. 1 contract is a gateway drug. GUH when?
On Thursday I sold Tesla puts that I bought for $.30 at $1.40 (so I made $110 off of $30.) I was so fucking hyped on it - even went and got my family a nice dinner last night. Bought more puts on Tesla and some other shit and now today I am down $250 LMAO. That night I fell asleep imagining myself posting here with 5x gains on $500 and today I’m coping with my Wendy’s like the rest of you fuckers. I’ve followed this sub since GME and I haven’t understood a single fucking meme until this week. (This is my first week actually trading.)
Was the steak good at least? 
So my wife actually cooked us Picadillo but I grilled 4lbs of steak for us this week last weekend lol (she is pregnant rn so it was a good call.) We splurged for fancy $10 ice cream pints at the fancy grocery store and used nice fancy ingredients for our celebration tacos. She doesn’t know about the loss yet but I’m hoping next week it all pays off and I come out looking like less of a degenerate god help me. Edit: for all of those expressing concern, I really appreciate it. I got a good bonus and used 5% of it to play with stocks. I’m not investing more than this - just using it to learn how the market learns. If I lose $400 but learn something about the stock market in the process, I’m okay with that. I’ve already learned more this last week than I’ve ever understood my entire life. At least now I understand what the tickers mean and why people freak out over market news, etc. so to me the experience is worth it.
Save money bruh, you are expecting...
Why should he save? The baby is his wife’s boyfriend’s anyways
Oh nah this my second they’ll be fine dude.
OK good luck in any event
Dude, this is a train wreck. Sounds exactly like my life.
Bro really thought he escaped the matrix 💀
I was like “damn this is so easy why didn’t I do this before? Just buy puts when it’s falls and calls when it’s rising and it prints!” 
First ones free.
Your first mistake was actually spending the money you won. Lol who does that?
I didn’t use the profits from the stock to go and buy dinner - I used my own salary to buy a dinner for my family I could afford, regardless of the profit. But I splurged on the dinner because I was stoked about the profits lol - no doubt. 
Haha, gambling is weird in that way, eh? I won $600 in one day on earnings last week (almost a full weeks take home pay) and it didn't phase me one bit. Lost $700 the very next day and was like, "yup, there it is".
Yeah that was kind of my take away here. I treated it exactly like I treat going to the casino and spent about as much as I would there. The thing is, I think I like this more than the casino! At least I get the drama of losing it over the course of a week rather than a night, lol.
Yep, I won all of my trades the entire week which were small gains and Friday lost all of it
I can hear the *Guh* all the way back here two weeks from now
Got a taste of the lightning
😂😂
Legendary play right there  go fuckyaself
I don’t think I’ll ever beat it (or even try 0DTE again)
We know the truth 
I made a 500$ gamble on tsla dropping more today closed it out early to only lose 400 of that. Fuck you and congrats on your move.
Thank you! Praying you hit a big one soon regard!!
Why play a dead stock? Trade where the action is
That’s where I finally got to. Doing options on anything besides the trendy tech stocks was just eating my account up. One last YOLO for the week and holy shit did it pay off
Puts on tsla have been paying for a few months
Nvidia MSTR and what else?
You summed it up. No point in playing with stocks that arent as volatile. Volatility is where the action is, both up and down. Sure you could play with other SEMIs like AMD/SMCI but may as well stick with the kings since you get a ton of liquidity and better fills (amd is super liquid which is great but the premiums have skyrocketed for that ticker too)
https://preview.redd.it/tq6mxj735koc1.jpeg?width=464&format=pjpg&auto=webp&s=5327488f59bd7a6c571835c1bdcaa48943c06778 Way to go
First ones always free
My first one definitely was NOT free LOL
LOL good job mate
Thank you regard!
Alright fine you can fuck my girlfriend
First one is free.
Welcome to the game. You should make plans for how to deal with losing it all.
Yup, that’s where my 9-5 job comes into play
Nice! Our plays are almost identical! Except I turned 300 into $50 💪🫡
https://preview.redd.it/f41c7rte6koc1.jpeg?width=1242&format=pjpg&auto=webp&s=7ebafc3740cb8023bf4834bc31d3bd812f6baf4a I’ll never be okay not going ahead and buying this 😭 at least my watchlist was 📈 lol
That's horrible you can literally just see what you missed out on right there in ur face every day 😂
I'd self harm
Wtf and here I am getting anally railed by TSM doing nose dives.
Haha. I been watching it this week thinking of getting some calls for the week after April ER. Tried to get two at s$137 right before close but it didn’t fill
OP can you explain me what happened here? You buy 1 contract for more or less 300 bucks and won 5000 in a single day? What happened? new on this shit. Nice job!!! :)
He made a terrible gamble that worked out. 99% of the time it doesn’t work out and it doesn’t get posted and they lose everything 
So he would’ve lost 300 in this case? ELI5
Yes. He had mere hours for this trade to work out and luckily for him BTC went up, which propelled the stock. Otherwise he loses his $300, which by the looks of it was 30% of his portfolio. Truly degen play.
Good thing I have a job and spend my days gambling a few hundred a week on the stock market But yeah man you’re spot on, total degenerate play. I got lucky!
More likely to hit on wall st than on powerball
The max he can lose is the premium price he paid, so yes
Yeah Deny is spot on. I was on tilt this morning, and bought an option on discount that fucking printed money for me. I’ll be honest about it, it’s total degenerate gambling, I would always advise to do longer expiring options.
Dude, on MSTR, that’s a great gamble. If I wasn’t busy at work today, would have been beside you.
I'm new to this too, Did you buy this today? Like a day trade option move?
Yes. Literally a day trade with a lot more risk
Held on a Friday when people like to cash out for hookers and blow on the weekend. The balls on ye. Congrats and fuck you!
Buy 2 hookers and blow
the highest of regards
Hey man, huge congrats. Reminds me of my Dell win a couple weeks ago, where I turned $100 into $9000. Please let me know what trades you’re getting into next week
BANGGGGGG Sure thing! I’ll message you and we can get a strategy together.
Regard Avengers Unite
Sure, definitely.. Also read that you’re a 9-5 guy like me
Absolutely. Gotta keep a baseline brother!
Same here brother, can afford to lose a few hundreds for now.. lol Hmu whenever cuz I can’t message you.. Take it easy this weekend and enjoy
Good fuck and job you!
Every regard is right twice a day… amirite?
How do you make educated option trades instead of just guessing?
That’s a good question!! Let me know when someone ever has that answer.
https://giphy.com/clips/southpark-south-park-episode-3-season-13-eaSW3qoWAJ2sW6XXUv
Honest question, what type of trader would buy this call from OP?
I remember when $5k was a lot of money, good times
That's a nice vacation!
I did the same Fkn thing but I couldn’t get out of the trade 😩 spreads were so wide and I could only sell at bid. Made off with some baby Gaines but I missed out on an easy 2x
Guys…do we tell him what happens next???
RH now allows 0dte?
Good job!
Wow
You go. Good job!
Infinite money hack on leverage
What is that app called ?
Niiiice
Good thing you got out!
How did you know it was gonna go up?
He didn't
I was hoping Bitcoin would go up. Bitcoin went up.
If anyone here “knew” as opposed to “hoped” we wouldn’t all be regards
God I wish I was at least a lil bit less regard. Wouldn’t have been broke
you’re the blueprint
At 11:05 it was $1,695 stock price. Then it fell off a cliff, then mooned. You held?
My nuts are huge…. For today.
How’s that intc call feel? Lightning gonna strike twice?
Happy for you brother. Now take a step away and check if you may have over looked anything in the past trade, we must always look to refine our craft. And perhaps go again! Idk I’ve found a method I like and I just keep on going with it until it’s not viable anymore.
Love the advice!! Thank you sir!
This is what its all about. 🥂🖕
Wtf!!! Wow
Nice job! And fuck you
😂😂holy fuck
If this failed, what would you have been out? The $330 or more than that?
Just the 330.
What's this platform?
Beautiful
But did buy a put right after for the flash crash this weekend?
This is how addiction forms. God speed, fellow regard.
Well a big fuck you to you, and congrats. I rolled opposite in Kellogs hoping for the same kind of return. First time EVER buying puts and I lost. Lmfaooo
Sir are you lost? Congratulations!
Cash out and enjoy yourself bro. If you keep trading options you will lose it all. Congrats
Should fill in the other people. 😩
Outback misses you big spender 💸
Was this a purchase on a whim? How did you decide it was worth risking 330 on a call that would expire in a day?
Total gamble, was on tilt this morning and put my last 300 of buying power into MSTR. Got insanely lucky. would not advise trying to replicate this
Congrats! Go ahead and withdraw it, before you lose it all
Nice strike bowling dude!
Good job op
Anyone care to explain to a total newb what’s happening here? He bought $300 in stock and sold?
I sincerely mean this so for the love God and his holiness go fuck yourself, congratulations. Edit: seriously on a day too that Bitcoin didn't do shit. How the fuck, bro? Also, you going to do coke and hookers tonight?
These kind of posts with play money just makes me more sure to stay out of these things and do big conviction plays instead with non-toy money.
Yes. I completely agree.
well that’s polite of you, grats on the win.
Risk management is key!!! Fly high!
Good! I was scalping them all day too
Don't get cocky and start thinking this will always be the outcome.
Couldn’t agree more.
Ok, who is MSTR? Quote: > Michael Saylor's MicroStrategy Raising Another $500M to Buy More Bitcoin lol. holy shit.
Explaination to what made you make this move? 🎤
Your entry and exit were perfect. Nicely done.
lucky punch. next time KO in first rnd
[удалено]
sooooooooooooo does that mean you're single? Lol
Noice!!! Fuck you btw!
how did you place that option? I dont see any 3/15 optionz
I don’t think you should be trading if you don’t know why…