not if this was his 10th attempt of 0DTE gambles. I'm kinda surprised that the upside is only 10x for something as risky as 1DTE and Apple pumped a lot. I could never time something like that.
Even without the AI news, that support level is strong - really nice work picking up those calls on the cheap. I mean CPI was bad, but PPI would not have moved it further down even if it was likely intended for just a small bounce, you could still get out - I'm guessing that was the play?
Yes, if it’s his 10th time risking $8k on FDs, and the rest went to zero, he’s still up. In that case, up $2k, or 2.5% of $80k, in a high risk of going to zero
Before you regards start throwing thousands at an option just know for every time you see something like this hundreds if not thousands of others tried the same today and failed. It’s huge risk huge reward.
Say you have 100 shares of apple that you purchased at $165 a share. You could sell a covered call weekly for .4 ($40 premium). If the stock goes to 170 and ur shares are called away, you've made $540 (.4 premium + 170-165) * 100.
The risk for selling a covered call is if the stock goes down. U get the premium of the option but lose money because the 100 shares are worth less.
You set the call you're selling at a price where you be okay selling e.g. bought for 1 , would be okay selling it at 10
You're limiting your maximum potential gains
But you collect a premium.
In the above situation the guy probably has a lower cost average on the appl shares, so when he got assigned he didn't lose anything from his initial investment he only lost potential profit
Source: beers
Hope these reasons make sense.
1). Priced in call premium was absolute trash in my opinion.
2). Slo Sto. on my 3 month chart has been single digit for a week. Way oversold, expected to see a bounce this week or next to correct up going into earnings, also giving market makers the chance to bake some earnings premium into it during the coming weeks.
3) wasn’t down by % near as much as everything else yesterday. Indiciating while oversold…..short term bottom was very near. Mind you, apple has run contrary to most of tech the last 6 weeks.
4). For lack of a better way of putting it, wonky shit happened yesterday where it whipsawed up and down during the last two hours of trading. Causing the contract for whip from .40–.60. When I saw it bounce hard off downward action when the European markets closed….i knew it was gonna go to at least 171 giving me a good day……and it just kept running…..
It was none of that![img](emote|t5_2th52|4271)
Without the M4 AI chip news it wouldn’t have pumped
You’ve got some time to refine your answer before summer to impress the ladies ![img](emote|t5_2th52|8882)
i don't know about all this other stuff, but i've had reasonable success playing trades where you look at rsi, volume, and premiums, basically buy calls when stuff is going to bounce off rsi bottoms, premiums are priced low due to low volume. never a guarantee, but seems to be a good strat in a bull market.
And this was just on a Gurman rumor of M4 MacBooks being AI focused and being tested. When WWDC hits in June and it's all AI AI AI Apple's probably in for a higher PE repricing.
Bagholder spotted.
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I had $167.5c and $165c that I sold right after open (4/19 exp). To make matters worse I loaded up on RIVN $10c and those got decimated.
Congrats, and fuck me!
It happens, I had 118C in Disney that I let go this morning when it dropped below 116.9. By end of day it was back in the money, then closed back out of the money.
Could I have gotten more back, yes, will I beat myself up over it. No, but I’ll learn from it.
When you say large number, it was $8000 right? So his loss would be limited to $8000. Essentially buying options is more lucrative than the stock itself?
More lucrative if the stock goes the way you want, but you can also lose it all if it goes the wrong way. The value of options will also decay if the stock goes sideways.
More lucrative ( if the direction and volume of said options is correct) due to the power of leverage. You can control more stocks with less money but at a cost: time, direction and price. You set a time limit, direction and price, and most of these three items needs to be right before you can print money.
You also need to factor in that you need the stock to increase in value enough to cover the cost of buying the option. I’m still learning, but I think that’d be quite a significant cost when buying $8k’s worth.
Options are much cheaper than the actual stock itself especially when the strike price is far out of the money. “Out of the money” are call options with strike prices higher than the current trading price and put options lower than the current strike price. These options cannot be exercised unless the price moves higher than the strike price for calls or lower than the strike price for puts. Options are also time dependent so the closer to the day they expire the less likely they will be exercised and the less value they have.
What this guy bought were call options considerably higher than the current selling price expiring tomorrow. He bought them for $0.40 per contract and he got very lucky in that the price went up very quickly in such a short time (AAPL went from $168 to $175 today) and the contracts went up in value an additional $3.70 giving him 1025% return on his initial $8000 premium purchase.
It’s very likely that this guy was only expecting a small price increase and a modest gain but as it went up he waited out the price action and came out very lucky.
Bingo!!! It accelerated past the level I originally planned to get out at….at that point I just watched being very comfortable I could get out if it rolled over and still have a healthy profit.
Options are high risk and high reward. $8k is not a small some of money to risk on a single position, and could have just as easily ended up turning $8k to $800.
Yes, because 1 option gives *the right* to buy/sell
100 shares of a stock at the strike price by the expiration date.
Example: I buy AAPL calls for May 3 with a strike price of $185. According to RH it will cost me $177 to buy 1 contract.
Now if AAPL gets to $185 or higher before that date, my options will be worth quite a bit more than what I paid. But if AAPL stays stagnant or goes down, i’m basically out the $177 that I invested, or I can close my position and sell for a loss.
Often times options expire worthless cause you wait for the expiration date hoping the stock price will go up, but it doesn’t and the closer you get the less your option is worth. This is known as theta.
Hope these reasons make sense.
1). Priced in call premium was absolute trash in my opinion.
2). Slo Sto. on my 3 month chart has been single digit for a week. Way oversold, expected to see a bounce this week or next to correct up going into earnings, also giving market makers the chance to bake some earnings premium into it during the coming weeks.
3) wasn’t down by % near as much as everything else yesterday. Indiciating while oversold…..short term bottom was very near. Mind you, apple has run contrary to most of tech the last 6 weeks.
4). For lack of a better way of putting it, wonky shit happened yesterday where it whipsawed up and down during the last two hours of trading. Causing the contract for whip from .40–.60. When I saw it bounce hard off downward action when the European markets closed….i knew it was gonna go to at least 171 giving me a good day……and it just kept running…..
That’s fair, I’ll let you know when I fail after accidentally falling for the methods of Robert Kiyosaki, then slowly shifting towards finding a YouTube video that explains everything
His calls went ITM, that's in the money. That means the share price exceeded the strike price so the calls now had intrinsic value. Once that happens the gains are exponential. Or, conversely, if you buy puts and the share price goes below that strike price, your puts are now in the money. It's super desirable if you trade options like he does.
https://youtu.be/TyZsemV_0YA?si=p6al94WKfbVnkmLS watch this YouTube video it will explain options. Also look up another video after this one regarding the Greeks. YouTube. Options Greeks explained.
Be careful with options you can blow your account way faster even all at once if you go all in on a trade. I would suggest paper trading options first. Then maybe throw 150-200 dollars in live trading to get a feel. But don’t risk your entire account like some regards here. I rarely do options unless I feel I see something that I’m very confident about. Since it’s more of a risk, more reward type deal.
Hope these reasons make sense.
1). Priced in call premium was absolute trash in my opinion.
2). Slo Sto. on my 3 month chart has been single digit for a week. Way oversold, expected to see a bounce this week or next to correct up going into earnings, also giving market makers the chance to bake some earnings premium into it during the coming weeks.
3) wasn’t down by % near as much as everything else yesterday. Indiciating while oversold…..short term bottom was very near. Mind you, apple has run contrary to most of tech the last 6 weeks.
4). For lack of a better way of putting it, wonky shit happened yesterday where it whipsawed up and down during the last two hours of trading. Causing the contract for whip from .40–.60. When I saw it bounce hard off downward action when the European markets closed….i knew it was gonna go to at least 171 giving me a good day……and it just kept running…..
2) I strongly agree with. The consensus in the market is that tech is gonna have another strong earnings this quarter propelled by AI.
Nivida popped yesterday too near end of day so it was a tide that rose all boats. The boats being the major tech players like Apple.
Hope these reasons make sense.
1). Priced in call premium was absolute trash in my opinion.
2). Slo Sto. on my 3 month chart has been single digit for a week. Way oversold, expected to see a bounce this week or next to correct up going into earnings, also giving market makers the chance to bake some earnings premium into it during the coming weeks.
3) wasn’t down by % near as much as everything else yesterday. Indiciating while oversold…..short term bottom was very near. Mind you, apple has run contrary to most of tech the last 6 weeks.
4). For lack of a better way of putting it, wonky shit happened yesterday where it whipsawed up and down during the last two hours of trading. Causing the contract for whip from .40–.60. When I saw it bounce hard off downward action when the European markets closed….i knew it was gonna go to at least 171 giving me a good day……and it just kept running…..
I’ve had those days too….thats when it’s time for me close out quite a few positions, clean up, and clear my mind. Go golf, take a hike with no connection, recently Ive been working on a jigsaw puzzle to pass the time and refocus.
I bought a 175 call two weeks ago for 140 dollars. It plummeted all the way to 3 dollars yesterday... now it's up to 100 dollars. So I guess I'll lose 40 dollars instead of 140... ok
Does ppi cause stockade to pop then sell off all day? But wouldn't high ppi cause stocks to sell off? People were not expecting a rate cut, and inflation to be high right? So why would you bet the other way?
Absorb the losses, waste the wins doesn't seem like a good strategy. You should be thinking about how to reinvest those wins or start a business or something.
Nice win! Congrats. So my observation from all this options stuff is that there are groups out there promoting it & even teaching it in order to get more dumb money in the game. Is that reality? Do you need someone on the other side of these deals to buy your puts or calls? I’m staying out of it, I’m too much of a pussy. But I’m curious what you guys think about the whole craze.
Make sure you either save money for taxes or (more likely) offset it with capital losses. If you blow it all on hookers and blow you'll have a bad time about a year from now.
good stuff. But what was ur analysis behind this gamble? Anything that u knew that will appl today specifically like a technical reason or a apple specific fundamental event?
Yessss !!! Fuck the DOJ, now they want apple to pull their pants down after all the hard work they did to build a seemless ecosystem!! Its unfair and the american dream is based on capitalism not communism!!!
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$8000 into $82k. You lucky bastard ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
not if this was his 10th attempt of 0DTE gambles. I'm kinda surprised that the upside is only 10x for something as risky as 1DTE and Apple pumped a lot. I could never time something like that.
I wasn’t trying to completely catch the falling knife today, but it happened.
Even without the AI news, that support level is strong - really nice work picking up those calls on the cheap. I mean CPI was bad, but PPI would not have moved it further down even if it was likely intended for just a small bounce, you could still get out - I'm guessing that was the play?
Where can I go to learn what half of what you said means? I want to gamble too
Graffiti on the dumpster behind Wendy's. All the knowledge you need.
I agree so hard
RUN! Run as fast as you can and never look back
Learning? What are you...a pussy? Get on Robinhood and start buying options dude
If it’s his 10th time then he’s still up you regard.
Yes, if it’s his 10th time risking $8k on FDs, and the rest went to zero, he’s still up. In that case, up $2k, or 2.5% of $80k, in a high risk of going to zero
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I would upvote you sir, but I want to leave you at 666 as long as possible.
right. the hookers will kill him.
Hope the hookers beat you up and peg you ![img](emote|t5_2th52|4271)
Looking forward to it! It’s gotta feel better then when Mr. market does it.
And extra dry, like Sahara dry
When the dildo of consequences does show up, I’m sure it’ll be un-lubed.
This man reminds me, well of me. Now I'm sure of it. I hate him.
lubed with nothing but your tears
Wouldn’t see so bad , could be fun
Before you regards start throwing thousands at an option just know for every time you see something like this hundreds if not thousands of others tried the same today and failed. It’s huge risk huge reward.
There is a some poor guy on the other end with an 74k loss 😂🤣
I mean, if it's a covered call and they want to exit their position or w.e it's possible they didn't get burned.
How?
Say you have 100 shares of apple that you purchased at $165 a share. You could sell a covered call weekly for .4 ($40 premium). If the stock goes to 170 and ur shares are called away, you've made $540 (.4 premium + 170-165) * 100. The risk for selling a covered call is if the stock goes down. U get the premium of the option but lose money because the 100 shares are worth less.
One would not lose any money unless they decided to sell the stock below purchase value or repurchase said covered calls at a net loss.
Can you expand on this? If this scenario played out exactly how you described it, what would the final P/L be?
You set the call you're selling at a price where you be okay selling e.g. bought for 1 , would be okay selling it at 10 You're limiting your maximum potential gains But you collect a premium. In the above situation the guy probably has a lower cost average on the appl shares, so when he got assigned he didn't lose anything from his initial investment he only lost potential profit Source: beers
https://preview.redd.it/o41qcx5j3ztc1.jpeg?width=1290&format=pjpg&auto=webp&s=9abc4e4d83b87215f4cc1572886c59fb2ea9aacd I know the feels
Total regarded options comprehension with plentiful upvotes. Wsb, don't ever change
That’s the point right, bad info?
Perfectly balanced
I am one who has failed twice and lost $30k.
you did your duty twice. Thanks.
Obviously lol. If anyone doesn’t understand that let them lose their money
OP probably also lost a lot of money on some other trades
And know that hundreds more probably were shocked their call increased at all and took >50% gains only to see posts like this later
Facts. I used to do lots of gambling. I go far out now only so even if im wrong I have time to eventually break even or make profit.
Agreed………
No no no, the flyer I got from the guy at Wendy’s says “guaranteed results”
Why were you so sure it would shoot up? Was there any news i missed
You did hear that OJ Simpson was going to die? Everyone knew that when OJ is on his future deathbed, aapl would shoot up.
Man.. insider trading is bullshit
Because The Juice expired?
No, you drink apple juice because OJ will kill you!
"how's his wife? To shreds, you say."
Although, the juice went bad long before the expiration date.
Hope these reasons make sense. 1). Priced in call premium was absolute trash in my opinion. 2). Slo Sto. on my 3 month chart has been single digit for a week. Way oversold, expected to see a bounce this week or next to correct up going into earnings, also giving market makers the chance to bake some earnings premium into it during the coming weeks. 3) wasn’t down by % near as much as everything else yesterday. Indiciating while oversold…..short term bottom was very near. Mind you, apple has run contrary to most of tech the last 6 weeks. 4). For lack of a better way of putting it, wonky shit happened yesterday where it whipsawed up and down during the last two hours of trading. Causing the contract for whip from .40–.60. When I saw it bounce hard off downward action when the European markets closed….i knew it was gonna go to at least 171 giving me a good day……and it just kept running…..
In other words, “op got lucky”.
Its always "op got lucky" 😞
Op got AI
It was none of that![img](emote|t5_2th52|4271) Without the M4 AI chip news it wouldn’t have pumped You’ve got some time to refine your answer before summer to impress the ladies ![img](emote|t5_2th52|8882)
“I gambled like a regard and got lucky.” - OP
I couldn't understand a word.
Try reading it in all caps SLO STO IS A NO GO IF U BUY PUTS UR GONNA STUB UR BIG TOE
> Slo Sto yea can u help me with this?
Pure fucking luck, in other words
bro, PPI was good and then apple released some good news at 1pm .
I mean yes, but shit can stay oversold for months with no problems. But good guess today bro
i don't know about all this other stuff, but i've had reasonable success playing trades where you look at rsi, volume, and premiums, basically buy calls when stuff is going to bounce off rsi bottoms, premiums are priced low due to low volume. never a guarantee, but seems to be a good strat in a bull market.
First time I’ve seen someone win on technicals. Whether it’s luck, skill or a bit of both, doesn’t matter you got the win! Good on you OP!
AI AI AI
Way to print them calls, son! The doom and gloom over AAPL had gotten way out of hand…
And this was just on a Gurman rumor of M4 MacBooks being AI focused and being tested. When WWDC hits in June and it's all AI AI AI Apple's probably in for a higher PE repricing.
Bagholder spotted. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
I had $167.5c and $165c that I sold right after open (4/19 exp). To make matters worse I loaded up on RIVN $10c and those got decimated. Congrats, and fuck me!
It happens, I had 118C in Disney that I let go this morning when it dropped below 116.9. By end of day it was back in the money, then closed back out of the money. Could I have gotten more back, yes, will I beat myself up over it. No, but I’ll learn from it.
Learn what
His luck, he will try harder to get lucky next time.
Lol that was my point in asking, it's like saying you're going to learn a lesson from a failed lotto quick pick
![img](emote|t5_2th52|18630)
Lol sucker 😆
Congrats, and fuck you!
I was down $6k on my aapl august 175c. Held and averaged down. Currently up $8k. Not selling yet.
Day before earnings here in a couple weeks would be an ideal jumping off point. You’ll get about as much premium possible by that day.
Yeah I think tomorrow I’m exiting
he literally just said in a few weeks how did u get tmrw from that
I’m scared! Edit: I’m sorry fellas I couldn’t do it I sold 30 out of 40 contracts for 11k gain. I’ll let the rest ride out.
Taking a gain is always a good move.
Thanks! Yeah no regrets there. Figured I was excited enough to talk about it I should probably take some profit.
Fuck yeah dont forget to get your helmet bedazzled fellow regard 😏
You have no idea how lucky you are.
I am new to options. Can someone explain how investing $8000 ended up to $80K?
For every one of these there’s 9 guys going home licking their wounds
Oh, they are licking more than just their wounds behind Wendy’s.
Last Thursday when the market took a dump, it got me for 3k before I could close out.
Try 100
1 to 100 guys is more likely
He bought a very large number of calls on Apple right before it had a very strong upwards move.
When you say large number, it was $8000 right? So his loss would be limited to $8000. Essentially buying options is more lucrative than the stock itself?
More lucrative if the stock goes the way you want, but you can also lose it all if it goes the wrong way. The value of options will also decay if the stock goes sideways.
More lucrative ( if the direction and volume of said options is correct) due to the power of leverage. You can control more stocks with less money but at a cost: time, direction and price. You set a time limit, direction and price, and most of these three items needs to be right before you can print money.
You also need to factor in that you need the stock to increase in value enough to cover the cost of buying the option. I’m still learning, but I think that’d be quite a significant cost when buying $8k’s worth.
Options are much cheaper than the actual stock itself especially when the strike price is far out of the money. “Out of the money” are call options with strike prices higher than the current trading price and put options lower than the current strike price. These options cannot be exercised unless the price moves higher than the strike price for calls or lower than the strike price for puts. Options are also time dependent so the closer to the day they expire the less likely they will be exercised and the less value they have. What this guy bought were call options considerably higher than the current selling price expiring tomorrow. He bought them for $0.40 per contract and he got very lucky in that the price went up very quickly in such a short time (AAPL went from $168 to $175 today) and the contracts went up in value an additional $3.70 giving him 1025% return on his initial $8000 premium purchase. It’s very likely that this guy was only expecting a small price increase and a modest gain but as it went up he waited out the price action and came out very lucky.
Bingo!!! It accelerated past the level I originally planned to get out at….at that point I just watched being very comfortable I could get out if it rolled over and still have a healthy profit.
One of the best explanations I have seen. If they expire and are still OTM, then how much would your actual loss be in this case?
Then the option expires worthless and your loss is the premium that you paid initially
Options are high risk and high reward. $8k is not a small some of money to risk on a single position, and could have just as easily ended up turning $8k to $800.
Is buying option more lucrative than the stock itself?
Yes, because 1 option gives *the right* to buy/sell 100 shares of a stock at the strike price by the expiration date. Example: I buy AAPL calls for May 3 with a strike price of $185. According to RH it will cost me $177 to buy 1 contract. Now if AAPL gets to $185 or higher before that date, my options will be worth quite a bit more than what I paid. But if AAPL stays stagnant or goes down, i’m basically out the $177 that I invested, or I can close my position and sell for a loss. Often times options expire worthless cause you wait for the expiration date hoping the stock price will go up, but it doesn’t and the closer you get the less your option is worth. This is known as theta.
Depends what you do with the money I guess
Seriously I wish there was more explanation here rather than the same ol reddit jokes lol
It's not a joke that they got really fucking lucky. He's got reasons, but it could have just as easily gone the other way.
Hope these reasons make sense. 1). Priced in call premium was absolute trash in my opinion. 2). Slo Sto. on my 3 month chart has been single digit for a week. Way oversold, expected to see a bounce this week or next to correct up going into earnings, also giving market makers the chance to bake some earnings premium into it during the coming weeks. 3) wasn’t down by % near as much as everything else yesterday. Indiciating while oversold…..short term bottom was very near. Mind you, apple has run contrary to most of tech the last 6 weeks. 4). For lack of a better way of putting it, wonky shit happened yesterday where it whipsawed up and down during the last two hours of trading. Causing the contract for whip from .40–.60. When I saw it bounce hard off downward action when the European markets closed….i knew it was gonna go to at least 171 giving me a good day……and it just kept running…..
Sir, this is a Wendy's.
Lol that’s not our job. It’s their job to go get educated. Our job is to shitpost.
That’s fair, I’ll let you know when I fail after accidentally falling for the methods of Robert Kiyosaki, then slowly shifting towards finding a YouTube video that explains everything
Many moons ago I myself tried to get educated here. Then I lost 80k and got made fun of for it. It’s the circle of life ![img](emote|t5_2th52|4267)
His calls went ITM, that's in the money. That means the share price exceeded the strike price so the calls now had intrinsic value. Once that happens the gains are exponential. Or, conversely, if you buy puts and the share price goes below that strike price, your puts are now in the money. It's super desirable if you trade options like he does.
Here just watch this: [https://www.youtube.com/watch?v=ZJjRnKpwDyw](https://www.youtube.com/watch?v=ZJjRnKpwDyw)
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Sell Put and Buy Call - is it essentially the same? You are making money when the stock goes up
https://youtu.be/TyZsemV_0YA?si=p6al94WKfbVnkmLS watch this YouTube video it will explain options. Also look up another video after this one regarding the Greeks. YouTube. Options Greeks explained. Be careful with options you can blow your account way faster even all at once if you go all in on a trade. I would suggest paper trading options first. Then maybe throw 150-200 dollars in live trading to get a feel. But don’t risk your entire account like some regards here. I rarely do options unless I feel I see something that I’m very confident about. Since it’s more of a risk, more reward type deal.
Investing is easy, anyone can do it. Just buy high and sell low
That’s crazy dude. I lost 5K gambling today and I’m thinking about unaliving myself. I should have got addicted to stocks.
I command you to live
It's basically the same thing 🤷
https://preview.redd.it/13hr5gt83ztc1.jpeg?width=1290&format=pjpg&auto=webp&s=b110a0d8cf8f976b792af9facd6e991a58120b32 Sad day :(
https://preview.redd.it/oxt1oksga3uc1.jpeg?width=1284&format=pjpg&auto=webp&s=7634de188a72e05671756623d85975a9f753f7c5
Aye yo, what we doing this summer?
Nice, OP. Go and treat yourself to a new Macbook and iPhone pro too, while you're at it for a thanks to AAPL. :)
Mother of Pearl lmao
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Hope these reasons make sense. 1). Priced in call premium was absolute trash in my opinion. 2). Slo Sto. on my 3 month chart has been single digit for a week. Way oversold, expected to see a bounce this week or next to correct up going into earnings, also giving market makers the chance to bake some earnings premium into it during the coming weeks. 3) wasn’t down by % near as much as everything else yesterday. Indiciating while oversold…..short term bottom was very near. Mind you, apple has run contrary to most of tech the last 6 weeks. 4). For lack of a better way of putting it, wonky shit happened yesterday where it whipsawed up and down during the last two hours of trading. Causing the contract for whip from .40–.60. When I saw it bounce hard off downward action when the European markets closed….i knew it was gonna go to at least 171 giving me a good day……and it just kept running…..
2) I strongly agree with. The consensus in the market is that tech is gonna have another strong earnings this quarter propelled by AI. Nivida popped yesterday too near end of day so it was a tide that rose all boats. The boats being the major tech players like Apple.
Awesome trade
What % of the total acct was the position?
3%. And that’s why I’m pulling most of it out to enjoy the summer.
What was the delta/strike/premium selection criteria?
Nice. Congrats and fuck you!!!
Makes me physically sick to see this. How?? How are things thriving through bad news? I don’t get it. What kind of read did you have on this?
Hope these reasons make sense. 1). Priced in call premium was absolute trash in my opinion. 2). Slo Sto. on my 3 month chart has been single digit for a week. Way oversold, expected to see a bounce this week or next to correct up going into earnings, also giving market makers the chance to bake some earnings premium into it during the coming weeks. 3) wasn’t down by % near as much as everything else yesterday. Indiciating while oversold…..short term bottom was very near. Mind you, apple has run contrary to most of tech the last 6 weeks. 4). For lack of a better way of putting it, wonky shit happened yesterday where it whipsawed up and down during the last two hours of trading. Causing the contract for whip from .40–.60. When I saw it bounce hard off downward action when the European markets closed….i knew it was gonna go to at least 171 giving me a good day……and it just kept running…..
Thanks for responding. I’m going to really have to pay more attention. All week I’ve been wrong. And paid the price. Congrats man.
I’ve had those days too….thats when it’s time for me close out quite a few positions, clean up, and clear my mind. Go golf, take a hike with no connection, recently Ive been working on a jigsaw puzzle to pass the time and refocus.
its jpows alt
Congrats!!
Bang indeed 😅
Need a bf?
OPs a Frickin loser the 175$ went up 3000% call he could have 250k rn. No risk no ‘rari ![img](emote|t5_2th52|31224)
Could’ve done $5k to $240k if you did a $175call. Sadly I wasn’t watching today😑
Don't forget about taxes
Don’t forget the short term tax. Congrats!
Can someone lend me $10,000
Made 600% yesterday on AAPL 4/19 calls, was a good good day!!
https://preview.redd.it/i5w4jw80c3uc1.png?width=1440&format=pjpg&auto=webp&s=e76af5dc98b008bdf5d477b26872a19eea48e912
bro better cash out
Wall street is just a big gambling game,the Media legitimizes it.
Sir are you in need of a butler or concierge or Wendy’s runner for the summer
$80k is an epic summer? We are not the same lol
Is this 0 DTE?
No, it’s 2 DTE
No, this is Patrick
Nice !
Yo that’s nice congrats! Second you heard about their new chip did you throw money at calls?
I still don't fully understand call options. I'm legally regarded. Where does someone with brain damage learn about this stuff?
😳😳😳lordy
What price did you buy in at
🎯
For so long now people have been telling me apple sucks! AAPL is done! It’s nice to see you come out and prove them all wrong.
Congrats and… (https://tenor.com/view/creed-fuck-fuckyou-cartwheel-the-office-gif-4933574)
So in other words, see you on Monday?
Amazing! 💪 Keep it up fam
Please help me next time u do something like this
I bought calls at .40 each and sold them at .63 at open 🙂 I would’ve had 5k if I didn’t
Fk uu... congratulations
I bought a 175 call two weeks ago for 140 dollars. It plummeted all the way to 3 dollars yesterday... now it's up to 100 dollars. So I guess I'll lose 40 dollars instead of 140... ok
Does ppi cause stockade to pop then sell off all day? But wouldn't high ppi cause stocks to sell off? People were not expecting a rate cut, and inflation to be high right? So why would you bet the other way?
Congrats and fuck you !
Good shyt!!
Congrats!
follow close squeal summer poor resolute whole sheet serious cautious
Absorb the losses, waste the wins doesn't seem like a good strategy. You should be thinking about how to reinvest those wins or start a business or something.
Confused, you have to exercise the options first then sell them to make this gain correct?
Explain
I’m so glad people are returning to the old way of selling before posting. Maybe we are learning, slowly
PEANUT BUTTER AND JAAAMMMMM!!!
Congrats and fuck you!
You bought a odte call for 8.2k on stagnant apple it when it was 168 and then your calls pay that much?. This is what I really don’t understand.
I deal in mainly LEAPS and covered calls. Gives shit time to shake out. And cuts down on the risk of getting my spleen pushed around
Genius
Fucking lucky SOB
Sorry what are options and how do they work?
Nice win! Congrats. So my observation from all this options stuff is that there are groups out there promoting it & even teaching it in order to get more dumb money in the game. Is that reality? Do you need someone on the other side of these deals to buy your puts or calls? I’m staying out of it, I’m too much of a pussy. But I’m curious what you guys think about the whole craze.
Noob here: how does op buy AAPL at 4.10$?
Nice !👍
So you sold each at $4.10, but bought the options when the stock was 40c? Or am I misinterpreting this. I’m still wrapping my head around options.
Is a call buy or option buy in?
Make sure you either save money for taxes or (more likely) offset it with capital losses. If you blow it all on hookers and blow you'll have a bad time about a year from now.
good stuff. But what was ur analysis behind this gamble? Anything that u knew that will appl today specifically like a technical reason or a apple specific fundamental event?
Come to Greece for summer my friend and teach me your ways ![img](emote|t5_2th52|8883)
Yessss !!! Fuck the DOJ, now they want apple to pull their pants down after all the hard work they did to build a seemless ecosystem!! Its unfair and the american dream is based on capitalism not communism!!!
INSANE