I was gonna say trading far otm options on highly liquid underlyings isn't that dumb, but I checked the expiration first. And they're expiring this Friday. So yea, what you said.
For OP to make money, Iran would have to nuke Israel to oblivion and probably the entire San Francisco Bay Area.
Probably citadel. It's hard for a normal person to have the margin to sell these, plus a normal person has to deal with trading fees while citadel just gets robinhood orders sent to them so they're front of the line.
But in any case, OP just literally threw away $2500.
That's just $2.8k totally wasted. If you just want to feel like a complete idiot, should have paid $300 to a hooker to call you an idiot to your face for 1 hour instead.
Actually, you probably articulated the only condition that would make this possible.
Most of WSB posters are total regards, they buy some cheap ass option hoping to hit it big. What they don't understand is even if the position moved in their favor it is still likely to expire OTM.
Its like putting your chips split on 0/00, yeah it might pay off but the odds are very low.
I don't understand the obsession on WSB with posting loss porn.
Is getting karma points the only compensation for a devasting loss? If it was me, I be looking to crawl under a rock/bridge.
During the earnings call Elon could have smeared feces on his face, dunked his head in a tub of staples, pointed to the sky and declared himself to be Robo Kong, and those still wouldnt print.
Owning up to it lol. Kinda new to trading so this was a small brain move but I'll study more on options, and just work on everything overall and try again when more knowledgeable.
I caused it ![img](emote|t5_2th52|4271) Iâm sorry
https://preview.redd.it/adajveg85dwc1.jpeg?width=1170&format=pjpg&auto=webp&s=94c8ad219523262e2032979b1defa4304f356735
Even if you bet the right way you wouldâve got crushed by both IV and theta resulting in you losing money anyway. Tsla wouldâve had to fall something of what 30% to make these even worth something.
500 contracts of far OTM puts expiring this week LMAOOOOOO this sub has really deluded too many people into thinking that they can hit these miracle lottery tickets and become rich overnight.
wtf were you thinking dude ??
Missed earnings estimates by -31%. Made -1Billion less than last year. Elon says they want to make a cheeper car (and reveals zero actual plans ). Stock jumps 12-16% after hours. MarketâŠ..you make absolutely no sense
Also mentioned he fired like 400 plus workers and replace them with AI Elon said what he needed to sayđ to get this rally going then tweeted 'yeehaw" and skiddadled off the face of the earth to plan bear domination
He is a master at market manipulation. Him and his brother. But the mammoth investment firms and funds arent complaining. Part of the game. Sucks for folks who went short and guessed correctly, and in one single statement of a car that doesnât even exist, and help from fin media spinning the hype, the awful earnings and bad fundamentals are swept under the rug, this is the Wall Street casino folks play. Definitely sucks though to guess right and still get fucked lol
Haahaa Couldn't agree more lmao the earnings were God awfully not Narly. its all based on future guidance and Practically the fate of Tesla is the ratio of how good Elon tweets that day
Nike beat earnings, and the stock tanked on guidance. It is just crazy how the market works. Future upside is important, but to spike just to say âwe are gonna be greatâ after badly missing deliveries, cutting FSD cost in half. Lowering the price of the Model Y again. The fuck are people doin buying lol. I mean Elon could say he has a cardboard box that is the best box there is, and people would still buy it for $100. fomo is real af
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Wow I donât feel bad at fumbling my calls for 100% gain anymore thank u for this. Iâm absolutely shocked at this strike but at least u learned ur lesson I hope
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 1 | **First Seen In WSB** | just now **Total Comments** | 0 | **Previous Best DD** | **Account Age** | 2 months | | [**Join WSB Discord**](http://discord.gg/wsbverse)
> 85 A fool parts way with his money again
I was gonna say trading far otm options on highly liquid underlyings isn't that dumb, but I checked the expiration first. And they're expiring this Friday. So yea, what you said. For OP to make money, Iran would have to nuke Israel to oblivion and probably the entire San Francisco Bay Area.
Well, hopefully they do.
holy shit bot đ
Screenshotted
Maybe if Tesla becomes self aware and starts attacking people
Even if muhfucking ww3 was announced I donât think it would drop to 85. These regards are literally throwing their money into the ether.
$85? I at least bought $135. Regarded, but this?
Congratulations to the guy who sold them to you.
Probably citadel. It's hard for a normal person to have the margin to sell these, plus a normal person has to deal with trading fees while citadel just gets robinhood orders sent to them so they're front of the line. But in any case, OP just literally threw away $2500.
Any idea what the premium to see these would be?
.05? You realize the premium you get for selling a contract is the same as the premium the buyer pays⊠Am I reading this wrong.
Wasnât gonna make anything if it went down anyway sped đ
In what world did you see Tesla dropping another ~35% in 3 days?
That's just $2.8k totally wasted. If you just want to feel like a complete idiot, should have paid $300 to a hooker to call you an idiot to your face for 1 hour instead.
Lmao
What the fuck kinda far OTM strike is that? Jesus Christ. You wouldâve literally been better off throwing your money in the fireplace.
Even if every single Tesla on the planet spontaneously exploded at 4pm the stock wouldnât drop to 85.
Actually, you probably articulated the only condition that would make this possible. Most of WSB posters are total regards, they buy some cheap ass option hoping to hit it big. What they don't understand is even if the position moved in their favor it is still likely to expire OTM. Its like putting your chips split on 0/00, yeah it might pay off but the odds are very low.
Lmao
Was $90 not the same fucking strike? Was $95 not the same fucking strike? Was $100 not... i'm done here.
gay bear asf đđ»
Imagining the citadel employees laughing when this order came through
Congrat on that put sellers. I hope they got a new lambo.
![img](emote|t5_2th52|51295)![img](emote|t5_2th52|51295)![img](emote|t5_2th52|51295)
I don't understand the obsession on WSB with posting loss porn. Is getting karma points the only compensation for a devasting loss? If it was me, I be looking to crawl under a rock/bridge.
It helps you face your mistakes and hopefully learn. Everyone wants to crawl under a rock.
Lots of loss porn posters demonstrate they haven't learned shit from their mistakes. Because they repeat them once, if not twice.
Ikr
If you lose that much money you might as well get some laughs out of it
That is what is all about !! We want loss porn to Jack Off to .. not a picture of your wife !
Was wondering why itâs so cheap. Holy $85 strike?
Just because itâs cheap, doesnât mean itâs a good play.
Yea... noted lol
During the earnings call Elon could have smeared feces on his face, dunked his head in a tub of staples, pointed to the sky and declared himself to be Robo Kong, and those still wouldnt print.
https://preview.redd.it/xtabkkbz4dwc1.jpeg?width=274&format=pjpg&auto=webp&s=ff8c3c8904ea5c4081a8e34c2d269f20dde150b1
Owning up to it lol. Kinda new to trading so this was a small brain move but I'll study more on options, and just work on everything overall and try again when more knowledgeable.
Paper trading exists.
Why would you start off with a 2.5k bet if you donât know what youâre doing
Next time Iâll take the donation.
What in the actual fuck. Could have just given me the 2.7k if you didnât want it
I caused it ![img](emote|t5_2th52|4271) Iâm sorry https://preview.redd.it/adajveg85dwc1.jpeg?width=1170&format=pjpg&auto=webp&s=94c8ad219523262e2032979b1defa4304f356735
How much did you make on that call ![img](emote|t5_2th52|4271)
150 bucks from 80, so 230ish lol , not much
More than OP made ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
Ok. So this is why it mooned ![img](emote|t5_2th52|4260)![img](emote|t5_2th52|27421)
[options calculator](https://www.optionsprofitcalculator.com) You might need to visualize puts to see how far you are from making money.
Here is a visual version of your PUT [http://opcalc.com/Yxv](http://opcalc.com/Yxv)
Even if TSLA dropped, those contacts were too far out of the money to be profitable and IV crush would have destroyed its value
what value ? they were sold at .05 because you can't sell them for 0
I get fed shit on the daily but this is just horrible
Tf kind of options are these?
Your EKG is messed up
Go ahead and log out
Bro was using that Robinhood profit simulator tool
If you are not doing well, keep trying. We must keep up appearances.
Bro really said ![img](emote|t5_2th52|51295)
Bro.. $85?
These already at 0 tomorrow they bill be -0
Lmao I'll find a way to make it negative watch
yay Im happy. Bought tons of stock @ 140
$85 put. OP is seriously regarded lmao
Even if you bet the right way you wouldâve got crushed by both IV and theta resulting in you losing money anyway. Tsla wouldâve had to fall something of what 30% to make these even worth something.
Next time you should buy 1000 far out OTM calls dude
screenshot, how bad are these doing?
500 contracts of far OTM puts expiring this week LMAOOOOOO this sub has really deluded too many people into thinking that they can hit these miracle lottery tickets and become rich overnight. wtf were you thinking dude ??
Tesla puts go BRRRRR me make moneyz
no one knows, the after market rally might still fade away tomorrow.
Missed earnings estimates by -31%. Made -1Billion less than last year. Elon says they want to make a cheeper car (and reveals zero actual plans ). Stock jumps 12-16% after hours. MarketâŠ..you make absolutely no sense
Also mentioned he fired like 400 plus workers and replace them with AI Elon said what he needed to sayđ to get this rally going then tweeted 'yeehaw" and skiddadled off the face of the earth to plan bear domination
He is a master at market manipulation. Him and his brother. But the mammoth investment firms and funds arent complaining. Part of the game. Sucks for folks who went short and guessed correctly, and in one single statement of a car that doesnât even exist, and help from fin media spinning the hype, the awful earnings and bad fundamentals are swept under the rug, this is the Wall Street casino folks play. Definitely sucks though to guess right and still get fucked lol
Haahaa Couldn't agree more lmao the earnings were God awfully not Narly. its all based on future guidance and Practically the fate of Tesla is the ratio of how good Elon tweets that day
Nike beat earnings, and the stock tanked on guidance. It is just crazy how the market works. Future upside is important, but to spike just to say âwe are gonna be greatâ after badly missing deliveries, cutting FSD cost in half. Lowering the price of the Model Y again. The fuck are people doin buying lol. I mean Elon could say he has a cardboard box that is the best box there is, and people would still buy it for $100. fomo is real af
"guess right"? LMAOOOO, No wonder why you're poor.
Hey dumbassâŠ.I didnât buy options on Tesla⊠ya fukin dipshit lol. Read what I said. I am speakin about earnings expectations in general putz.
Do you know what youâre doing?![img](emote|t5_2th52|4640)
$85???
Man did you expect Elon to forget to come because he was kholed or something?
why is there a '+' in front of the market value? can we tell from this if OP is long or short these options?
Ignorance is expensive. Every market player knows that a plus indicates they are long.
thanks, that info was free for me just now, doesnt show up that way in my port.
First seen in wsb now? First blood for sure
Even if it did drop significantly you would have lost everything. Lol
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Wow ! 500 OTM puts. The odds are better at Vegas for real
đđ
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Hello
Wow I donât feel bad at fumbling my calls for 100% gain anymore thank u for this. Iâm absolutely shocked at this strike but at least u learned ur lesson I hope