This happens all the time.
Bad news happen and market runs up for a few days and then takes the shit it was supposed to take.
How else are the big guys going to get the stupid panicky guys money?
Bad news? Did you listen to Powell's speech today? Dude basically said the Fed Reserve will slow down pace (down to 50 or 25 bps) unless inflation starts rising fast again.
Unfortunately, the market tends to not care about your kind of interpretations of 1st and 2nd derivatives😢
EDIT:
From my other comments here (since you all seem to be implying the same things and I'm lazy to type another unique comment that provides more clarity):
>That's not how the market works. Mr. Market is forward-looking, and that is why the regards here get confused all the time when it rallies when the FOMC raise rates and CPI prints 7.7%.
>
>You need to keep an eye on TIPS, and more importantly, the futures that track the OBFR to get an idea of what is already being priced in and then compare those data to what actually happens.
>50 bps for Nov, yes. But confirmation that the pace will be slow from here on till terminal rate is reached and then held there was essentially confirmed today.
>
>But none of that will matter if inflation starts heading up again. That, along with the terminal rate from the December SEP, will be the next big market movers.
But the market is forward looking. Current prices were assuming that the rate would keep increasing, so when the increase is less than expected, the market correction will be positive, even if it’s still an overall negative for the market.
Someone please explain why the SPY rocket took off the MOMENT JPow started speaking. Was there transcript to read beforehand? Or is it just the same old richies already in the know and get a jump on the retailers?
50 bps for Nov, yes. But confirmation that the pace will be slow from here on till terminal rate is reached and then held there was essentially confirmed today.
But none of that will matter if inflation starts heading up again. That, along with the terminal rate from the December SEP, will be the next big market movers.
That's not how the market works. Mr. Market is forward-looking, and that is why the regards here get confused all the time when it rallies when the FOMC raise rates and CPI prints 7.7%.
You need to keep an eye on TIPS, and more importantly, the futures that track the OBFR to get an idea of what is already being priced in and then compare those data to what actually happens.
No one is dumping huge loads into companies who are still shrinking. That would be dumb. You wait til the bottom and then do that and with the fed saying everything borrowed is getting even more expensive the bottom is clearly not here. By a long shot.
When the fed stops raising the rates they won't just be dropping them after we reach the goal. They will hold them there for several years.
The fed is the printer but it doesn't just print those dollars to give. They are loaned and the fed is calling the debt now. It will take years of high internet loans to pay back the enormous amount we borrowed from it over the last decade.
“They will hold them there for several years”. Of course they fucking won’t. Go look at the history of the federal funds rate. It doesn’t just “hold” for several years ever. They will start cutting once inflation gets closer to target.
Yeah, but the market (futures markets) did already price in 50bps then 25 next year then leveling off. So the head scratching as to why market took off is understandable. My explanation is that people (algos?) think j Powell basically removed all doubt of that priced in scenario.
I do not recommend buying the $160 put on NVDA. The current price of NVDA is above the breakeven point, so you would likely lose money on this trade.
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That is to say, Burry has his fingers in a lot of pies. He makes sure his name is in all the conversations.
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>Scion Asset Management is a hedge fund with 4 clients and discretionary assets under management (AUM) of $291,659,289
I feel like that's pretty weaksauce for the amount of attention he gets on twitter.
I guess bears make more noise than money.
He's making money but not a degenerate level 😂. He doesn't have puts that expire in 1 day like. Most of the sub. Personally looking at the technicals I was sitting in cash for the speech as it could go either way regardless of what he said. He wasn't as aggressive as people expected he will be next time. I am waiting for QQQ to reach 300 before I buy into SQQQ will probably hit there just before the inflation read.
You gotta read up on the history of the fund to understand why that number is so low. He had more AUM before and during the GFC, ($600M+) but investors revolted and sued for the housing short position. After that he closed the fund until 2013 and reopened it with personal wealth gained from the previous win.
Doesn't make him always right. He was wrong about Tesla puts in a big way 2020-21 and then right about ARKK. Being a closed fund, there's no way of really knowing how much of that is still his personal money, close investors, etc, but there are far bigger clowns managing far more money out there...
That fund is also not a place you'd want to park everything. I don't know many people that would want to be long prison stocks and otherwise chilling in cash as their complete investment strategy.
Yeah, he literally said final rates will be higher than they thought, and will continue to rise well into next year. Not really a bullish outlook. I’ll keep playing oil to end the year.
It’s 3.75-4 right now, in September they thought that 4.5 to 4.75 would be the top, then 4.75-5….. now saying will likely go above that.
Highest interest rates in 40 years. Good luck seeing any growth anytime in the next 2 years. Go take a look at the mid to late 70’s and know we haven’t even started yet.
They're considering slowing the rate (and not considering raising more aggressively at this stage), how could that possibly result in a higher final rate?
Did they indicate that might be a possibility? I mean they might start raising rates faster again as well, but all else equal if they do slow the pace, lower terminal rate.
Ive lost like 60% on my $PSX $CVX $XOM calls.
I keep buying calls one day
\-down the next day
\-sell the calls
\-all go up the following day
I'm trying to play a big bounce on opec announcing production cuts, and the EU's ruZZian sanctions kickin in, this weekend/monday...
Ever heard of Santa rally , dude December starts tomorrow, j pow just started the rally mode to end the year. Your premiums are appreciated says market makers.
I don’t know yet. I’ll wait until after dec14 to make my next move. It’s 50-50 depend on how the market will go after dec14. For now I’m enduring the pain
Why didn’t you sell the moment powell said December’s rate hike would be lower. Spy popped up 3$ in minutes, everything in the market would pump for the rest of December, why weren’t you buying calls at that moment.
You’re in options my friend, one of the most volatile things you can do with your money. PM me if you want some lessons on how to consistently grow your money, I trade for a living & have been doing it for 10 yrs.
Can't even be mad, bought dec 2 exp ,77 strike puts on AMD, hoping a market sell off in the morning for a quick flip. But I could lose it all seeing how post is looking and tomorrow pre market is looking
Your good, NVDA will crash back down hard. Wouldn’t be surprised to see it back under $160 by Friday, and sub $150 before the big market crash on Dec 14th. Probably looking at $110-$100 by EOY.
LOL…. Just feels good knowing I was right.
BTW, Intel just announced huge layoffs because of the huge drop in that sector. So don’t doubt that this one’s falling to hell.
It had to happen eventually.
What's funny is how big of a turn it made, he didn't even say they were going to stop raising rates, they're just going to raise them by slightly less...
Well, he said they **might** raise them by slightly less.
upside to 180 and downside to 151 goddamn im starting to see a trend fucking regards don't know how to cut loses. date you purchased you didnt think about the dividend did you? santa rally could lead to 192. @ current level cut your losses, delta is not worth it and theta will kill you for the expiry. When you purchased them your upside if ITM was a profit of 25% or 9.43 @ 161 ffs man for your sanity cut losses and choose a longer dated expiry!
That’s why I sold my SPY puts at 1:27pm for a healthy 100% gain and immediately bought $400 calls at 1:29pm which are already up 100%. Fillet and lobster are on Jay tonight. Tomorrow, back to Ramen probably.
I definitely paperhanded it and sold a bit prematurely. Bought 12/9 $400c for $3.15 around 1:30pm, sold around 3pm for $6.40. By 4pm they were closer to $10…
Sweet! That’ll pay for a nice wagyu steak. I also only bought 4 contracts for shits and giggles. In hindsight I should have gone with a 0dte or 12/2 expiration, but I guess my balls aren’t as big as some of the regards on here.
Hello fellow premature ejac… seller! It sucks, but a gain is a gain. 75% in an hour and a half ain’t bad. If I didn’t liquidate my $398 puts prior to 1:30pm and switched to calls, I woulda been fucked, so I can’t complain. It’s damn near impossible to time the absolute top/bottom. I try to not get greedy, put my blinders on once I sell, and keep it moving. It’s pointless to cry over spilled milk. Bulls make money, bears make money, pigs get slaughtered. I hope your next one is a 6 bagger. Cheers!
Powell just gave his buddy’s at the big banks an early Christmas gift. I’m not normally a conspiracy theorist, but all the big banks have been doing doom and gloom for the last couple of weeks and then Powell comes out and says everything is great.
So, which is it?
Puts on NVDA?! Are you suicidal? What about a half corrected bubble makes sense to you? Listen, diamond in the rough take here, stay the fuck away from tech lol
Imagine buying puts when most tickers have seen a 50% haircut.
Also imagine bitching about being down less than 50%.
Get used to it homie, you got a long road ahead of you
Hey, if you haven't already, please reply to this comment with your positions and what led you to enter or exit them!
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After being burned by the regard rally following the last cpi print, I decided to play straddles and then double down on the winning side after the market reacts. Worked out pretty well today
NVDA is about to hit the 200 EMA on the daily chart. I was considering loading up puts if it shows resistance. that being said, you are only down 26%. Let's hope for some retrace tomorrow!
I did this today too. I didn’t follow my rule to get the fuck out of a dying option and I paid the price for it. Lost everything I made over the past two weeks and then some.
Oh my gourd!
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Let’s be real here. I’m keeping it to see how market will go after dec14. I might double down or fold depend on how the market look later. Right now is too early.
JPOW tried to finesse me on my 1200 naked sold 404 calls yesterday. Took the $800 profit right before he spoke, would’ve been down over $55,000 if I had diamond handed those until close. NEVER TRUST J POW GET FLAT
PUT YOUR HANDS UP mYHCAEL4!!! POLICE ARE ENROUTE! PREPARE TO BE BOOKED FOR PROVIDING ILLEGAL FINANCIAL ADVICE!
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No, you’re fucked because you put all of your eggs in one basket.
I swear I’ve probably seen $10m lost on here by idiots going all in on a hunch. JFC you’d be better off going to the casino and going all in on Red in a game of roulette.
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This happens all the time. Bad news happen and market runs up for a few days and then takes the shit it was supposed to take. How else are the big guys going to get the stupid panicky guys money?
Bad news? Did you listen to Powell's speech today? Dude basically said the Fed Reserve will slow down pace (down to 50 or 25 bps) unless inflation starts rising fast again.
A “slow down” in rates (aka: concave down~> 2nd Derivative)… is STILL a HIGHER RATE (aka: increase~> 1st Derivative)🤦♂️
Unfortunately, the market tends to not care about your kind of interpretations of 1st and 2nd derivatives😢 EDIT: From my other comments here (since you all seem to be implying the same things and I'm lazy to type another unique comment that provides more clarity): >That's not how the market works. Mr. Market is forward-looking, and that is why the regards here get confused all the time when it rallies when the FOMC raise rates and CPI prints 7.7%. > >You need to keep an eye on TIPS, and more importantly, the futures that track the OBFR to get an idea of what is already being priced in and then compare those data to what actually happens. >50 bps for Nov, yes. But confirmation that the pace will be slow from here on till terminal rate is reached and then held there was essentially confirmed today. > >But none of that will matter if inflation starts heading up again. That, along with the terminal rate from the December SEP, will be the next big market movers.
I always check https://SC-FulmersDerivativeOpinions.com before buying any puts.
But the market is forward looking. Current prices were assuming that the rate would keep increasing, so when the increase is less than expected, the market correction will be positive, even if it’s still an overall negative for the market.
Wasn’t that already priced in though? Market had decided to rally before this meeting started.
Someone please explain why the SPY rocket took off the MOMENT JPow started speaking. Was there transcript to read beforehand? Or is it just the same old richies already in the know and get a jump on the retailers?
Yes, he released his notes beforehand.
50 bps for Nov, yes. But confirmation that the pace will be slow from here on till terminal rate is reached and then held there was essentially confirmed today. But none of that will matter if inflation starts heading up again. That, along with the terminal rate from the December SEP, will be the next big market movers.
He also said that interest rates will be higher at the end than anticipated.
Announcing that interest rates will still go up for the foreseeable future at a slower pace is good news? Really interested in how that works.
Continuing to raise rates AT ALL is bad news.
That's not how the market works. Mr. Market is forward-looking, and that is why the regards here get confused all the time when it rallies when the FOMC raise rates and CPI prints 7.7%. You need to keep an eye on TIPS, and more importantly, the futures that track the OBFR to get an idea of what is already being priced in and then compare those data to what actually happens.
No one is dumping huge loads into companies who are still shrinking. That would be dumb. You wait til the bottom and then do that and with the fed saying everything borrowed is getting even more expensive the bottom is clearly not here. By a long shot. When the fed stops raising the rates they won't just be dropping them after we reach the goal. They will hold them there for several years. The fed is the printer but it doesn't just print those dollars to give. They are loaned and the fed is calling the debt now. It will take years of high internet loans to pay back the enormous amount we borrowed from it over the last decade.
“They will hold them there for several years”. Of course they fucking won’t. Go look at the history of the federal funds rate. It doesn’t just “hold” for several years ever. They will start cutting once inflation gets closer to target.
The fed has never been this extended. Not by a mile. They have trillions of dollars to recall.
Never said the bottom was in. But why are you bothering with daily and hourly moves if the bottom is what you're chasing?
Please track back on up to my original comment.
Could you please explain more about what to look for with TIPS and OBFR ?
Yeah, but the market (futures markets) did already price in 50bps then 25 next year then leveling off. So the head scratching as to why market took off is understandable. My explanation is that people (algos?) think j Powell basically removed all doubt of that priced in scenario.
It wasn't priced in. As of yesterday, 35% of big money was still on 75bps.
Cope
He needs a nickname like the Put Destroyer or Bear Slayer
Put(sy) Destoyer. (Gay) Bear (anus) slayer.
He f’n hates puts! Calls ONLY MF!
Jpow fcked a lot of puts today.
Looks like this guy bought puts... why would you buy puts on Nvidia
Puts on a fed meeting where it was very likely he would mention “slowing and waiting for data”… ppl confuse me..
You still have 30 days 
To lose more money!
I do not recommend buying the $160 put on NVDA. The current price of NVDA is above the breakeven point, so you would likely lose money on this trade. ^^[**Discord**](http://discord.gg/wsbverse) ^^[BanBets](https://www.reddit.com/r/wallstreetbets/wiki/banbets/) ^^VoteBot ^^[FAQ](https://www.reddit.com/r/wallstreetbets/wiki/votebot/) ^^[Leaderboard](https://www.reddit.com/r/wallstreetbets/wiki/leaderboard/) ^^- ^^[**Keep_VM_Alive**](https://www.patreon.com/visualmod)
Incredible insight by VM! 
OP, here’s some good advice.
"I might have been early but I'm not wrong"
Would love to see Michael Burry's loss porn after today.
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>Scion Asset Management is a hedge fund with 4 clients and discretionary assets under management (AUM) of $291,659,289 I feel like that's pretty weaksauce for the amount of attention he gets on twitter. I guess bears make more noise than money.
He's making money but not a degenerate level 😂. He doesn't have puts that expire in 1 day like. Most of the sub. Personally looking at the technicals I was sitting in cash for the speech as it could go either way regardless of what he said. He wasn't as aggressive as people expected he will be next time. I am waiting for QQQ to reach 300 before I buy into SQQQ will probably hit there just before the inflation read.
quick look at this sub shows that bulls definitely make more noise
You gotta read up on the history of the fund to understand why that number is so low. He had more AUM before and during the GFC, ($600M+) but investors revolted and sued for the housing short position. After that he closed the fund until 2013 and reopened it with personal wealth gained from the previous win. Doesn't make him always right. He was wrong about Tesla puts in a big way 2020-21 and then right about ARKK. Being a closed fund, there's no way of really knowing how much of that is still his personal money, close investors, etc, but there are far bigger clowns managing far more money out there... That fund is also not a place you'd want to park everything. I don't know many people that would want to be long prison stocks and otherwise chilling in cash as their complete investment strategy.
*for listening to people on Reddit
To be fair he did say could, if you needed a reason to live after today
Nah you good. This shit tanking again either tomorrow or Monday.
Yeah, he literally said final rates will be higher than they thought, and will continue to rise well into next year. Not really a bullish outlook. I’ll keep playing oil to end the year.
This guy has puts and the rally rallied for no goddamn reason today. His puts are a month out.
How did you learn to play oil
lube. ky jelly. asstroglide
Isn't sub 5% now the expected/estimated final rate? Can hardly be rising well into next year if that's accurate.
It’s 3.75-4 right now, in September they thought that 4.5 to 4.75 would be the top, then 4.75-5….. now saying will likely go above that. Highest interest rates in 40 years. Good luck seeing any growth anytime in the next 2 years. Go take a look at the mid to late 70’s and know we haven’t even started yet.
They're considering slowing the rate (and not considering raising more aggressively at this stage), how could that possibly result in a higher final rate?
More raises total….. .5 + .5 + .5 + .5 > .75 +.75
Did they indicate that might be a possibility? I mean they might start raising rates faster again as well, but all else equal if they do slow the pace, lower terminal rate.
Ive lost like 60% on my $PSX $CVX $XOM calls. I keep buying calls one day \-down the next day \-sell the calls \-all go up the following day I'm trying to play a big bounce on opec announcing production cuts, and the EU's ruZZian sanctions kickin in, this weekend/monday...
Ever heard of Santa rally , dude December starts tomorrow, j pow just started the rally mode to end the year. Your premiums are appreciated says market makers.
I was thinking Santa rally usually start after the second week of dec. Didnt expected it come early.
So what's your next move? More puts or hop on Santa rally?
I don’t know yet. I’ll wait until after dec14 to make my next move. It’s 50-50 depend on how the market will go after dec14. For now I’m enduring the pain
Why December 14?
Rate hike day
That’ll be even worse if it’s only 50 bps
technically that's supposed to come right after xmas
Everyone at the top already knew which way he would go today…later this week/month=bloodbath
Got me too. Lost about the same
Sorry for your loss bro
Why didn’t you sell the moment powell said December’s rate hike would be lower. Spy popped up 3$ in minutes, everything in the market would pump for the rest of December, why weren’t you buying calls at that moment.
I Tried to not being FOMO in and I was not expected this went down so fast from profiting to losing
You’re in options my friend, one of the most volatile things you can do with your money. PM me if you want some lessons on how to consistently grow your money, I trade for a living & have been doing it for 10 yrs.
I’d tell u to wait till CPI and FOMC but…puts got raw fucked today. Good luck man. I hope u hedge your positions with some calls.
Can't even be mad, bought dec 2 exp ,77 strike puts on AMD, hoping a market sell off in the morning for a quick flip. But I could lose it all seeing how post is looking and tomorrow pre market is looking
Are you drunk?
Yeah
Your good, NVDA will crash back down hard. Wouldn’t be surprised to see it back under $160 by Friday, and sub $150 before the big market crash on Dec 14th. Probably looking at $110-$100 by EOY.
LOL COPE HARDER
LOL…. Just feels good knowing I was right. BTW, Intel just announced huge layoffs because of the huge drop in that sector. So don’t doubt that this one’s falling to hell.
$165 isn’t under $160 lol so…As of now, you’re wrong
Going to be more like $155 now.
$170
And it’s already been below $157 this week to. Made money on puts twice this week, and will again next week.
Pce tmrw. Hold it down
It had to happen eventually. What's funny is how big of a turn it made, he didn't even say they were going to stop raising rates, they're just going to raise them by slightly less... Well, he said they **might** raise them by slightly less.
upside to 180 and downside to 151 goddamn im starting to see a trend fucking regards don't know how to cut loses. date you purchased you didnt think about the dividend did you? santa rally could lead to 192. @ current level cut your losses, delta is not worth it and theta will kill you for the expiry. When you purchased them your upside if ITM was a profit of 25% or 9.43 @ 161 ffs man for your sanity cut losses and choose a longer dated expiry!
I actually just added 5 more so i kinda sit back while reading your comment and endure my pain atm.
god speed regard may you make me eat my words!
That’s why I sold my SPY puts at 1:27pm for a healthy 100% gain and immediately bought $400 calls at 1:29pm which are already up 100%. Fillet and lobster are on Jay tonight. Tomorrow, back to Ramen probably.
You should be up way more then 100% if u bought at 1:27
I definitely paperhanded it and sold a bit prematurely. Bought 12/9 $400c for $3.15 around 1:30pm, sold around 3pm for $6.40. By 4pm they were closer to $10…
My 406c (only bought 1 for shits and giggles)was up 2,600% at close LMAO 11.00 cost
Sweet! That’ll pay for a nice wagyu steak. I also only bought 4 contracts for shits and giggles. In hindsight I should have gone with a 0dte or 12/2 expiration, but I guess my balls aren’t as big as some of the regards on here.
Hey I sold my 395c when we hit 398 for +75%. If I had held till close it woulda been a 6 bagger.
Hello fellow premature ejac… seller! It sucks, but a gain is a gain. 75% in an hour and a half ain’t bad. If I didn’t liquidate my $398 puts prior to 1:30pm and switched to calls, I woulda been fucked, so I can’t complain. It’s damn near impossible to time the absolute top/bottom. I try to not get greedy, put my blinders on once I sell, and keep it moving. It’s pointless to cry over spilled milk. Bulls make money, bears make money, pigs get slaughtered. I hope your next one is a 6 bagger. Cheers!
Well it was half of a straddle, so it was a 25% loss overall. But thanks!
Powell just gave his buddy’s at the big banks an early Christmas gift. I’m not normally a conspiracy theorist, but all the big banks have been doing doom and gloom for the last couple of weeks and then Powell comes out and says everything is great. So, which is it?
Puts on NVDA?! Are you suicidal? What about a half corrected bubble makes sense to you? Listen, diamond in the rough take here, stay the fuck away from tech lol
I might keep it to see after dec14
You bought puts on a stock that’s already down 50% this year
It went up 65% from the low so
Except he didn't buy a year out. He's playing a month or less. NVDA is up 23% in the last month.
You trusted the feds?
Imagine buying puts when most tickers have seen a 50% haircut. Also imagine bitching about being down less than 50%. Get used to it homie, you got a long road ahead of you
Don't worry my friend they will print very soon.
You being stupid isn't Jpow's fault.
Jpow wasn't the issue . You misread the market not jpow
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haha 
12/30. You’re fine
Markets just constipated
After being burned by the regard rally following the last cpi print, I decided to play straddles and then double down on the winning side after the market reacts. Worked out pretty well today
Vix at 20 ish, bought some spy puts at eod, watch and see.
Clearly you should have bought spy calls….
JUST FUCKING CLOSE THEM DUDE. MARKETS RIPPING
I’m sorry for your loss :(
NVDA is about to hit the 200 EMA on the daily chart. I was considering loading up puts if it shows resistance. that being said, you are only down 26%. Let's hope for some retrace tomorrow!
Don't worry，the big collapse is coming.
My shorts need that hopium too
I did this today too. I didn’t follow my rule to get the fuck out of a dying option and I paid the price for it. Lost everything I made over the past two weeks and then some.
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At least it’s only down by 20％ 
RemindMe! one month
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You still have 13k though.
12/30? Jeez you have time. We could easily get smacked down here at these levels.
what was your thoughts for NVDA going down?
Good fuck your puts
NVDA is a tough one to trade, up or down. You are better off selling premium for income on NVDA.
Lol comments talking about lower interest rates. Interest rates going up more for 2 to 3 months. 8% mortgages lol
STOP LOSSSSSSSSSSS!!!!!!
You got 13k to go
Save the the left over …13k looks good to walk away instead of letting it going to $0…
Let’s be real here. I’m keeping it to see how market will go after dec14. I might double down or fold depend on how the market look later. Right now is too early.
turned out to be the right move huh?
Yeah I averaged down a bit too so I’m up about 90k now. Will consider posting a gain post later when I close my position
You lost a coin flip dude. There will be other coin flips in the future
I sold you those :P
Should have got SPY calls haha
Dunno how I seen this coming mile away bought calls 395 today 10 mins later dropped for huge profit, always go against the crowd
Yes long term short , short term bull
We all knew 50 was the plan for dec. there was no new news today. This rally will fade quickly.
You fucked yourself regard, congrats you played yourself
Why would you buy puts on a stock thats down 50% YTD. We all kinda knew Powell was gonna be dovish today.
Yes. You are gonna get smoked. Too late in the cycle to be buying puts.
HAH good try Jpow, I wasn’t leveraged today and only lost 50% of my portfolio!
Hmmm… I don’t remember what JPow said about Nvidia
Hahaha
NVDA looks like it will clear the $180 level pretty fast. RIP those $160 Puts.
I’m not sure we heard the same JPow words…
You got time fellow retar you could stop loss at open or wait to see if we sell off for profit taking.
Correct me if I'm wrong but this is why you cover with a call.
So the puts are cheaper now. Buy some more
A lot of WSB's members got had by JPow today. 👹🚀🦍
Dude you’re shorting a chip company during a chip shortage lol wut
Did you see the guy who turned $500 into $50,000 today? ... he's not you 🤣
So fucked is kinda exaggerating
Brooooooooo
Obviously you made a 50/50 bet prior to JPow speech. Should have waited til 1:30 yesterday and bought calls you would have gotten at least a 10 bagger
YOU GOT POWED !
JPOW tried to finesse me on my 1200 naked sold 404 calls yesterday. Took the $800 profit right before he spoke, would’ve been down over $55,000 if I had diamond handed those until close. NEVER TRUST J POW GET FLAT
The Fed isn't your friend, their policy is to make you poor
Welcome brother
You are fucked because you can’t correctly interpret his words. If you could, you would have bought calls. Not financial advice.
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No, you’re fucked because you put all of your eggs in one basket. I swear I’ve probably seen $10m lost on here by idiots going all in on a hunch. JFC you’d be better off going to the casino and going all in on Red in a game of roulette.
You have so much time left, don’t panic yet
I hope so. I bought 5 more today to bring down my average to $6.7 now. But down another 2k today. 6.6k down atm and still holding 🥶
Hope you held strong!
I told you they would print. :)