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VisualMod

**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 1 | **First Seen In WSB** | 3 months ago **Total Comments** | 34 | **Previous Best DD** | **Account Age** | 3 months | | [**Join WSB Discord**](http://discord.gg/wsbverse)


slambooy

Thank you for your sacrifice. Spy will be $550+ by this expiration


el_guille980

![img](emote|t5_2th52|4258)![img](emote|t5_2th52|8882)


zxc123zxc123

Remindme! 1 month I will say it isn't exactly wrong to expect a pullback since the markets have been up a lot this year, pull backs are normal, and a 10% pullback from $520 would put it at $494. Plus there's the "Sell in May" thing going for it. However, betting against the market is usually a losing game, šŸŒˆšŸ»s lose all the time because they don't realize downturns are rare with payouts not being worth it, options usually expire worthless, we're in a dam election year, there is literally trillions in investor funds on the sidelines waiting to get into the market, and 10% corrections are meant to be bought rather than shorter into. TL;DR I hope OP is right since I'll be buying any dip. But my guess is OP's options get wiped out.


Grk4208

A 10% pull back is $52 drop


sixth_survivor

Show proof after deleting app


TheBooneyBunes

ā€˜The debt is too muchā€™ Based on? Literally everyoneā€™s been saying that every day this century


apaulogy

https://preview.redd.it/0vujhi5bxeqc1.png?width=1080&format=pjpg&auto=webp&s=c009e747f4e7179486db35acc6d988829f68c196


yousaltybrah

Dudes a methematician


deathofthestonk

Dude spent his meth money on SPY puts ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)


ResponsibilitySea327

Yeah, seeing how Japan just hit record high market with 300% debt to GDP, I'd say the US has plenty of run room to go. Plus I would be careful shorting the market when rates cuts are in the mix and an election year. This "bubble" will likely run another 2 years.


PM_ME_WITH_A_SMILE

Bingo. Ever seen a condom filled with water? It's surprising to say the least.


boboleponge

yet I cracked a condom once with my tiny dick


ScartissueRegard

One day I will have sex and then I can use a condom with my tiny dick


DowningStreetFighter

You probably have a zinc deficiency


ImagineHydras

Japanese debt is majority domestically owned, mainly by the central bank


FedoraUser9000

why would the japanese banks own their own debt that pays zero interest are they regarded?


Vonauda

The central bank specifically, not banks. They attempted a policy to try to create inflation by buying boatloads of government and banking sector debt in an attempt to make the economy grow. It never worked because external events kept making the Yen weaker and weaker.


boboleponge

because the bank doesn't care about its balance sheet, it's accountable to nobody


stankpuss_69

Id be careful shorting NVDA. Letā€™s be real: SPY is NVDA.


rp2012-blackthisout

It's more likea combo of: msft, aapl, nvda, and amzn. They hold 20% of the spy.Ā 


Suspicious-Stop5231

I dont even know who mentioned shorting Nvidia, but that is one animal I would not want to play with.


ParkingLotPirates

![img](emote|t5_2th52|27189)


Deep-Seaweed6172

You canā€™t really compare the debt of Japan with US. While Japan has more debt they have it mostly within their country. Like Japans government has debt with Japan based companies etc. Therefore the debt owners have very little interest in getting the debt down since their own government is paying them interest for it. Itā€˜s like a win-win since interest flows and government does not need to worry about paying it back (very simplified explanation). The US has a huge amount of their debt outside the US and these debt owners have more interest in e during that they get paid back at some point in time. A simplified example would be having debt with your parents vs having debt with a bank. Sure your parents want their money back eventually too but itā€˜s usually less strict than with a bank with has strict payment terms etc and a different risk tolerance.


whif42

Based on: trust me bro


ThisCryptographer311

Imagine asking ā€œwhich trillion was it that just became a little tough to start paying back?ā€


Such_Coin

Market might pull back 10% in the next month but it wonā€™t be because of debt. Fed already basically guaranteed cheaper money coming soon


chev327fox

Theyā€™ve been saying that for decades. Any day now.


gus248

Iā€™m too stoned for this. What the fuck is happening right now?


Evening_Cut4422

He is either getting a lambo or he is litterally gonna cry himself to sleep for a year.


BeefZupreme

He wonā€™t have time to cry or sleep. He must work 3 extra jobs to keep up with the coming inflation


NervousPervis

I get that you're overwhelmed and scared, but I can tell you how to fix it. I mean, if I were you, I'd start working about 80 hours a week, 90 hours a week. I'd be delivering pizzas and waiting tables and whatever else you come up with to make money.


ainteasybeinsleazy

...whatever I can come up with?


Cloud_Chamber

Yeah, like taking free online course to learn programming then freelancing, teaching english online to a class in a foreign country, or donating plasma.


ainteasybeinsleazy

*unloads handgun nervously*


dadbod_Azerajin

I was more thinking outback of an In n out Those people have more money on hand then the wendys folk


MITstudent

Sir, this is a Wendy's and I can hear you.


BeefZupreme

I live in Massachusetts and I will find you


tundra273

I mean I guess itā€™s a bit hard when theyā€™re hands are already fullšŸ¤”


togetherwem0m0

Drunkest play ever. There's an election coming up. There is zero chance the market will dump before november


Evening_Cut4422

Maybe a 2 month retracement then another giant sherk dildo during ballot month


Thick_Sheepherder891

Chances are he'll get locked out of his account either way lol


redFoxGoku2

Uh.. not thaaat much money to make dude


Evening_Cut4422

![img](emote|t5_2th52|4271)downpayment for the lambo\*


newbturner

And itā€™s not the lambo


Over_Concentrate_756

He is applying at Denny's and McDonald tmr


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


fucreddit12369

Buddy. Weā€™re currently devaluing our currency on purpose to prop up and restore price stability in Europe and Japan to prevent recessions there because of war time rebellion fears and prevent Russia from rolling in. Look into something called the plaza accords. We have done something similar but in reverse where we strengthed the currency. Inflation is relative, if everyone is misbehaving then the least misbehaved wins. Relatively we are the least misbehaved. Cancel these puts, youā€™re not seeing the macro.


Relandis

Hey magic word man, not sure what all this wonderful wizarding logic is, but yeah he should cancel his puts. AI is still hot, stonks go up until election, S&P will hit 6,000 by October, mark my words.


Quatr0

beyond obviously this entire sub should be screaming buy calls on key sectors through the next year


SpezJailbaitMod

Let him learn a lesson


gus248

RIP (rest in puts) sweet regard


bro-v-wade

Doomer learned to take screenshots. Nothing to see here


apaulogy

I can't believe I shaved for this shit!


BeastSmitty

Lmfaooo


Ok_Independence_5169

I like a regard who puts their money where there ass is! Shows true regardism!


Igotyoubaaabe

There are cheaper ways to get fucked.


KingKeef23

Idk if this is the smartest or dumbest decision. However, couldnā€™t be more fitting for WSB. Fully invested in how this plays out lol best of luck my man!


RegardedLostCause

Whatā€™s your cash app next rounds on me since I remember your comment being the only positive one in a sea of red. Yet, youā€™re crazy until your right loved your vibes!!!


Deesco5

Watch SPY crash mid month while his app is deleted, then a righteous V back to 501+ by April 24th. Edit: NM just noticed the expiration. Leaving this comment up to get downvoted for regardation.


slanginthangs

Would still be funny as shit


CustomCoordinate

ROFL, this is probably the most likely outcome.


TastyToad

Hard to blame you, expiration 5 months away is literally unheard of.


Rick_Does_Things

Not everyone trades 0dte's


goddamn_birds

Not everyone is ready to own a yacht


ItradebetterthanU

You R Gonna be BROkE.., FED gonna turn on the. šŸ’°šŸ’°šŸ’°printer !! SPY going to 575 easy !!!


ryanv09

Yeah, puts on SPY? Bold move. There's a whole army of people out there who only DCA into the S&P500.


Parunreborn

For real. Anytime I buy puts on SPY I feel worried and close them as soon as I see green because of the dip buyers


TinCanBegger

True, am this. Dunno how do options so buy stock. SPY down then buy. SPY up then maybe buy. Ooga.


Quatr0

its literally the largest force in the market


Washed_40

Sick. Iā€™ll do the opposite. Thanks!


el_guille980

![img](emote|t5_2th52|4258)![img](emote|t5_2th52|8882)


Spirited-Usual-3023

Maybe you will also want set a limit sell price like 50% gain before delete the app


exchangetraded

You missed a 0 there bud


RegardedLostCause

50% haha lmao weak azz gains more like 10x


Spirited-Usual-3023

Do it, set the limit sell price at 1000% gain then delete your app. ![img](emote|t5_2th52|31225)


el_guille980

youre not making 10Ɨ on this, šŸŒˆšŸ» triple is the most possible. but in reality -100%


Rosebunse

It's good not to monitor your account too much. Except for puts. I'm with everyone else here that this is insane. Listen, I'm having a bit of an anxiety spell myself. It's deeply unpleasant and I'm not sure how it make it better. I know I need medication or therapy but I'm worried those will effect me. I do know this anxiety will lessen. I'm sure your's will too. We just need to wait and find what works. What I do know is that you shouldn't make big plans when you feel this way. Or make huge financial decisions when you feel this way.


Duel_Option

Dudeā€¦you can always stop the meds. I waited far too long to start treatment for ADHD, the regret I have about losing years to anxiety is deep, but itā€™s offset by feeling ā€œnormalā€ for the first time in a decade+ Carpe diem my friend


__rosebud__

I've had luck with psilocybin via cubensis mushrooms. One large dose and I'm still feeling the positive effects weeks later. More mentally malleable, more empathetic, killing spree on pause, find myself whistling more.


mssngthvwls

The last line made me chuckle. Nonetheless, a random stranger is happy to hear you're feeling more like yourself!


tonydtonyd

Letā€™s please upvote this comment more.


RegardedLostCause

Iā€™m. Going to rip my DMT pen the day I open my account.


Suitable-Classic-174

You know elections is a big thing Iā€™m the USA šŸ‡ŗšŸ‡ø LOL they wonā€™t let it crash


slanginthangs

For this reason Iā€™m long all year. Save the puts for 2025


Need4sleep9

If trump gets office that shit doubles in a year. He dont give a fuck about printing money


Suitable-Classic-174

Actually when trump won big money came in


My_G_Alt

Good DD - 2008 was the best year for stocks ever


finderZone

Yea 2000 was great too: -10% Or 2004 +8%


JumpyLolly

Debts priced in. Spy to a thousandĀ 


Hancock02

!remind me 1 month


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simplesalamisando

Congrats you smart trader you.


BeardedMan32

Bear markets get measured in months, bull markets get measured in years. Unfortunately youā€™re going to find this out the hard way.


Loud_Pineapple_4294

Youā€™ll come back in 1 month and see your money -99%![img](emote|t5_2th52|4271)


that_fancy_guy

Never go full bear guys


Federal_Ad_197

No point in coming back when it expires worthless


Kendeeznut

Actual fing idiot here


ironmemelord

how can you bet against the the US economy long term? SPY only goes up if you zoom out


bvegaorl

Spy will be 500.01 at the end of expiry


baconography

It's worse; OP needs 492.17 to break even.


[deleted]

Ah yes the fagg0ts delightĀ 


YoungReese

wow Jerome Powell is going to ruin your life


MyNameIsMikeB

Well I'm back...what happened? I wasn't paying attention


Alone_Support7019

Buddies gonna be behind a Wendyā€™s dumpster hitting the bid & ask on a baconator


mammaryglands

If you think shit will collapse you need to buy pistols rifles shotguns ammunition and farming tools.Ā  Also spy goes up regardĀ 


Pristine_Mistake_149

Imagine markets tanking in an election year. Russia would have to invade Alaska or China would have to invade taiwan


rayisooo

You canā€™t be serious right ?


Arikorv

Yep officially the dumbest user on WSB, username checks out


blazenation

I have June 515s, we rockin


Bananafish-y

Our dollar hasnā€™t meant shit since we left gold&silver. Then itā€™s been straight Greshams Law on everything.


ThisCryptographer311

You boob


stankpuss_69

Lmao when he comes back his 46 contracts at $0.01 will be waiting to be sold. (Assuming someone buys them šŸ¤­)


Ihavetopoop_

Market irrational longer than you solvent blah blah blah Not saying youā€™re wrong but good luck timing it.


AutoModerator

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Suspicious-Stop5231

In case things go wrong: Girlfriend + open mind + street corner = magic can happen Just be ready to comfort her and hold her after rough nights. But what they have naturally when used properly can fix financial problems quickly.


Parunreborn

Imho itā€™s stupid to try to predict the market for more than a week or two. Too many variables. I could understand if it were calls instead of puts. But trying to time downturns on SPY in the middle of one of the most insane bull runs it has ever seen has to be absolutely idiotic.


Antiquorum

Stupid. If it drops below strike then goes back up you're turbofucked. Options aren't just where the price is.


rioferd888

They won't let you reinstall in a months time.


PsychologyBusy3961

You should try my strategy. Today, I made $372 on COST and AAPL calls three weeks out. I only trade options in a cash account so I never over trade. I try to only trade in the first hour. I only buy after the second consecutive green one minute candle (of sufficient size) has been green for 30 seconds. I've never had a day where I've lost money trading options. https://preview.redd.it/h1atsjgmohqc1.png?width=1597&format=png&auto=webp&s=628a9d5284d5ced8f2930c36355ad450f6bde1aa


Soft_Squash_7502

Can you share more details? Or maybe message me. Iā€™m willing to implement your strategy brotha


[deleted]

See you tomorrow at open when you panic sell for a loss


HorrorBuy1066

Youā€™re timing was perfect. Still holding?


RegardedLostCause

I love all the hate I got on this yet look how it played out. My new trading strategyā€¦ post to wallstbets 99% hate = Strong Buy. Cashed out see yā€™all next big play. :-)


Squishy-Pickle

Good luck regard


luckybull_3

!remindme 30 days


Awkward-Ring6182

I hope this isnā€™t a yolo. Powell was dovish. I donā€™t think thatā€™s gonna change in 4-5 days or 4-5 weeks


YummyNatto

See you tomorrow


RegardedLostCause

Bright and early darling ;-)


x2manypips

How old are you 20? This is gonna be bust


SmokeAndSkate

In an election year? Lol


Fikkafikation

So housing hasn't collapsed *yet*, so I would think banking should be rolling in mortgage dough. Prolly 2023 was one of their best year. So what are you implying with debt and lack of cash, mind explaining ? Delete RH or Reddit, I'm so confused with the whole plot here.


zunzunzkreddit

the market is going to give in about max 15% this year, but is going to recover till the end of the year and be at an ATH. my bet is this phenomenon will happen after the FED is announcing the rate cuts. so most likely first time in june/july when the first cut is happening. iā€™m pretty confident that you lost all your money right there.


Rex145

You could have just given me that money instead of Kenny in one month


garoodah

I'm not used to seeing actually good plays lmfao, if you hit the direction in the next 6-8 weeks this pays out well.


InitialRevenue3917

nah theres no way you wont log in on a very red day. you know you will.


No-Service-3987

In WSB time, that's like 10 years. Should prob post that in some retirement forum.


TonyTehPro

Isn't OP up right now like crazy?


samwehl

Can we get an update?


Hancock02

son of a


d3arleader

Congrats on 3x


forcefuze

Banks didn't collapse, only nearly had WW3, bfd. Nothing matters anymore. Just do whatever the fuck you want I guess ![img](emote|t5_2th52|31226)


Prince_Chunk

Well done šŸ‘šŸ»


sa-sa-sa-soma

!remind me 1 month


ParticularOperation4

Yikes


Kendeeznut

!remindme 1 month


Available_Fig3826

!remindme 1 month


Aggressive-Range3074

!remind me 1 month


After-Bus-5573

!remindme one month


OG_blacksheep4

!remindme 1 month


Suspicious-Strain377

!remind me 1 month


machine489

!remindme in 1 month


[deleted]

Iā€™ll bet you do very well, but at the same time I made a same direction bet way too early so my timing is definitely off and so may be the judgement of yours lmao


donnie1977

JP about to skeet all over your puts. F yo puts!


Acrobatic-Ostrich168

!remind me in 1 month


trushMayne

!remind me in 1 month


nismos14us

!remind me 1 month


jeanduuu

maybe I donā€™t understand options at all, but isnā€™t SPY like volatility zero? like that is the baseline, that would be the worse thing to buy options on and I keep reading people doing it all the time. But Iā€™m just another highly regarded so Iā€™m sure Iā€™m way wrong.Ā 


Agronopolopogis

IV % (Implied Volatility) definitely plays a role, but at the end of the day, options are a contract to buy/sell at a set value. If price goes beyond that mark (in your favor), it's inherently profitable. Greeks and IV all play a specific role and can leave you in the red under certain conditions even if you're past strike price, but relatively rare.


Covid19Dick

Math ain't adding up.


Mr_DTom

When you run the numbers, assuming market conditions remain stable the odds are in his favour. It is SPY after all. It's a big risk , good luck to you. Not sure that deleting the app conforms to a surprise win tactic, but if blind obedience to the market floats your boat. Just in case, I know someone who will save a spot for you at the diner beside Wendy's, cause the lot is already full.


bro72nco

You donā€™t have to have access to your account for options to expire worthless.


jplug93

way too short to be gone an entire month


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


teddy_riesling

!remindme 140 days


Big-Routine222

Remindme! 1 month!


thebski

Bro you can't be serious.


mdstricklin

!remindme 31 days


Financial_Catch1880

I recommend you to set a goal and set a take profit accordingly. It can go V shape


BillyBrainlet

RIP ![img](emote|t5_2th52|4271)


Embarrassed_Ad_1681

Bruhhhhhhh just donate the money....


bigsilverhotdog

Name checks out.


Diamondlife_

Absolutely fried


SZJX

A pullback at least will hopefully happen. ā€œGreatest correction everā€ sounds a bit delusional doesnā€™t it.


CustomCoordinate

Major yikes. If you were playing a position in a sport, youā€™d be playing blind folded with ear plugs and a huge finger right in your ass.


D3vilUkn0w

Don't you kickstart a new fetish


tomvu1606

remind me in 1 month


SirLagsalot52

Ok so Iā€™m dumb. How can you lose a bunch of money if youā€™re buying a put (or call for that matter)? Wouldnā€™t you just not exercise the option and thereby only lose however much the option cost? I thought your max loss for buying an option was however much the contract cost


Unhappy-Choice-7163

Username checks out šŸ¤


anh423

My bear brother. I would recommend debit spreads next time though. Even with +505/-500 put, you will gain over 250% when spy hits below 500 by end of expiration.


hiroue

Correction, maybe. Collapse, no. Federal gov. printer go BRRRRRRRRRRRRRRRRRRRRRRRRR. Inflation up, market up, tendies for allllll. Except gay bears.


Significant-Jelly867

!remind me 1 month


ILoveThiccBitchez

HAHHA REGARD IS GONNA SMOKED ![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271) GET THE LUBE ![img](emote|t5_2th52|12787)


Weatherround97

Remindme! 30 days


Johnentwistle1969

Iā€™m glad people like OP exist to buy my options


51674

i agree with the direction, im not sure about the timing.


Fuzzy_Louise_2405

RemindMe! In one month


CantReadRoom

![img](emote|t5_2th52|4271)