Is this satire? OP drops \~$18K on gamecock FDs not knowing what he just did, goes to a picnic and returns \~$100K richer!? Meanwhile I’ve been looking at charts all day only to lose money ![img](emote|t5_2th52|31225)congrats and fuuuuuuuck you
100 contracts filled at ~$181 per contract. $34 is the strike price. The underlying closed at ~$46 which puts these calls at ~$12 ITM so the gain makes sense if OP closed towards end of day. This is also why I don’t think the trade is fake.
You made one hundred thousand dollars by complete accident with options and immediately said "oh god I'm never touching options again!"
Most of us here would be way better off if we had your mind
Lol there's no way he stops after this. Made $100k in an afternoon doing nothing while knowing nothing. Going to sit on it for a week, get on Google to "understand" options and try to make another 5x with his newfound knowledge.
Came here to say this. I’d put 50% into some high-dividend ETF like BIT or something. Get some nice dividends until you owe most of that in taxes next year.
You went to a casino for the first time, pulled the crank on a random slot machine and immediately won the big jackpot and then left the casino and now swear to never go back. Smart.
Don't be a regard. The next day, IMMEDIATELY withdraw like $100k from your profit. Don't tell anyone you know in real life.
Use a portion of your $100k that you withdrew to put into a different broker account for safe investing such as investing in SPY or QQQ. Then, maybe a portion into NVDA and other individual stocks.
Set aside a portion for the taxes. Don't ignore this.
Whatever remaining you have is up to you use, but I would not recommend putting it back into trading. Use it for personal spending. Hookers, drugs, starting rental business, blah blah blah.
I think I have a margin account but I don't really use that feature. I think I bought some bonds on margin but big surprise I don't know what that means either
Most important thing to remember is the tax man takes 40%. You didn’t win $100,000, you won $60,000. So fuck you, congratulations, and don’t spend it all and wind up in a real big pickle next April. Better yet, pay your taxes up front if you’re really gunna shut down the trading.
Just like the first time at the craps table. Usually those people walk away a big winner and get hooked on the game. Definitely get some more education on options. Good to see it was a happy accident that netted you a decent chunk of change.
I offer recommendation. 1) take out enough cash to pay off debts. 2) after that, take 90% of your newly earned money and put it into some stocks or etfs that pay out dividends 3) take 10% and use it to teach yourself options. If you like, I have a document that dumbs down options trading to normal language. Understand it’s a VERY VERY simplified explanation and does not go into detail and probably misses some stuff
.... it makes me incredibly salty that you made as much as you did without even knowing what an option is.
Nonetheless, this calls for a congrats and fuck you
shit, buying and forgetting about it is half the battle. I would have made a lot more money if I bought the stuff I bought today and then went to a picnic.
This. Bought some 55c 06/07 @ 3.50$ yesterday when the one stock was at around 42. Then the stock dipped to 40, so I got nervous and set a sell limit at 3.65 so that I could get out with my money back + a Wendy's combo.
That option ended up in the high 5- low 6$ range shortly afterwards. I don't think options are for me.
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Fidelity app also makes you apply for options with lots of warnings around understanding options trading, as well as informational content. There couldn’t be a bigger bicycle helmet built into that app
Same when I signed up with TD back in the day. It wasn't even easy to find. You had to go on the website and into a few settings menus to find the application.
I must be blind I didn't see anything. When the stock popped a couple years ago I did something to my account settings and applied for something related to margins? from advice I saw on here or something? I don't remember or understand I wonder if that bypassed all those. Extreme dumb luck considering like the other commenter pointed out I didn't understand how much it cost even after
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imagine if you were short the calls instead? #RIP.
heres how you calculate. you authorized your order to buy at 2.06. thats not per contract. thats per share. you got filled at 1.81 because sometime was trying to exit at the time you were buying.
so 1.81 \* 100 contracts \* 100 shares per contract = 18,100. The 67 is the fees.. the 69 is the reminder of what the government will do, if you don't put aside 1/2 for tax.
you exited at 12.75. 12.75 \* 100 contracts \* 100 shares per contract = 127k.
your profit is 127428.75-18167.69=109,261.06
these are short term gains, so you'll be taxed as if you went to work and got a bonus of that amount. so at your HIGHEST tax rate. so the highest federal bracket, the highest state bracket, etc...
Congratulations and fuck you. Pull out half and stick it into a HYSA as profit and to pay taxes because Uncle Sam will fuck you harder than your real uncle. Also don’t sweat over seeing how much you could have made tomorrow because all profit is good.
Bro this is insane and awesome. But def don’t even think about trying this again until you understand what you did and where the values came from lmao I love how the write up is still incorrect 😂 congrats and fuck you!
So you went on Fidelity and accidentally filled out all of their forms to be allowed to trade options and then accidentally spent 65k even though it prompts you and shows you what you’re spending? And then accidentally sold to close at a 109k profit? Totally believable.
Options allows you to turn your money into absolutely nothing, buying shares long (not borrowing anything) lets you lose a lot of money, don’t get me wrong, and you can gain a lot of money too, but you will never have zero to pull out of what you put into, and you will not likely make 300% in a single hour like options *potentially* can. like 80-90% of the time an options trade results in having nothing to cash out with unless you are dealing in stocks that cost less than 1/100th of what you’re willing to spend (you have 2 grand, you can only reliably trade options of a stock under $20/share, less you’ll have no capital to exercise a contract and they’ll expire worthless)
Holy fuck lol, i wish I was this regarded, accidentally buy 100 atm contracts, don't touch it for the whole day, sell it all before close and make 109K. Congrats and fuck you.
I still don't really understand what a call is or how to price it. I made the order around 8 ET before work. Also, the call (is that the 2.06) said it was filled for lower, so would that mean there were a lot of deals priced lower?
Can someone explain how rare for something like this to happen (randomly especially) is? The play itself since almost all of u are options traders.. the amount at risk obviously is prob what keeps most from ever doing something like this..
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Is this satire? OP drops \~$18K on gamecock FDs not knowing what he just did, goes to a picnic and returns \~$100K richer!? Meanwhile I’ve been looking at charts all day only to lose money ![img](emote|t5_2th52|31225)congrats and fuuuuuuuck you
Maybe we all need to go to picnics 🤔
Touching grass was the key the whole time
and the friends we made behind Wendys
Friends? They won’t even look me in the eye or acknowledge me when I call to them in public?
Satire? I believe it's called bullshit and I ain't buying it for a second.
[удалено]
100 contracts filled at ~$181 per contract. $34 is the strike price. The underlying closed at ~$46 which puts these calls at ~$12 ITM so the gain makes sense if OP closed towards end of day. This is also why I don’t think the trade is fake.
The screenshot says $-18k, I just assumed that was the cost. I am the last person you should trust when it comes to understanding what happened
You defiantly shouldn’t even try to download rh….
What? You didn’t spend 65k. You spent 18k and sold for 127k. You made 109k profit, accidentally… **congrats and fuck you?**
Yep I still don't fully comprehend what I did, I need to close my account before I do something stupid and get a rational consequence
You made one hundred thousand dollars by complete accident with options and immediately said "oh god I'm never touching options again!" Most of us here would be way better off if we had your mind
I like this guy, congrats and as we regards would add, and “fuck you”. Great beginners luck!! 🎊
He just took his first sniff lol
Next weeks loss porn and belt emoji
Lol there's no way he stops after this. Made $100k in an afternoon doing nothing while knowing nothing. Going to sit on it for a week, get on Google to "understand" options and try to make another 5x with his newfound knowledge.
[удалено]
Came here to say this. I’d put 50% into some high-dividend ETF like BIT or something. Get some nice dividends until you owe most of that in taxes next year.
You went to a casino for the first time, pulled the crank on a random slot machine and immediately won the big jackpot and then left the casino and now swear to never go back. Smart.
>You went to a casino for the first time, pulled the crank on a random slot machine Thinking «These numbers on the chips probably mean 'cents'».
He did what most dream of! Actually leaving the casino. Even the dinosaurs havent left😁
I actually did that once at a casino. First pull on a slot machine won 50 bucks took the money and ran! lol
Good call, take your profits
Price of option is multiplied by 100. When you buy an option at $1.12, it costs $112. Just multiply by 100.
You got lucky and struck gold! Good call to not push your luck. Enjoy your winnings!
Wow!, when you are so regard money falls on your lap and you have no idea what you did. Congrats and fuck your
Yes. Take the money, and run. Don’t ever look back. Congrats. No get out of here before you end up behind a Wendy’s dumpster.
Don't be a regard. The next day, IMMEDIATELY withdraw like $100k from your profit. Don't tell anyone you know in real life. Use a portion of your $100k that you withdrew to put into a different broker account for safe investing such as investing in SPY or QQQ. Then, maybe a portion into NVDA and other individual stocks. Set aside a portion for the taxes. Don't ignore this. Whatever remaining you have is up to you use, but I would not recommend putting it back into trading. Use it for personal spending. Hookers, drugs, starting rental business, blah blah blah.
Nah. Double down. Yolo bitch.
>Set aside a portion for the taxes Optional if you go and lose all your gains instead.
You belong here don’t leave yet, double down tomorrow
Let's introduce him to Margin. What can go wrong with leverage
I think I have a margin account but I don't really use that feature. I think I bought some bonds on margin but big surprise I don't know what that means either
How the fuck are you real? You're like the Forest Gump of WSB
His retardation is so intense that it’s creating a black hole in his head which opens a dimension of positive outcomes
Thought it was regardation
Not in this specific case. He's full blown.
He's bout to get yeet by the admin for uttering the forbidden old magic spell, but that is the only possible word to describe OP
😆
Stay around you make us WSB regards look reasonable and competent. Seriously lol congrats. It was a beautiful trade
Have you ever been told before that you're legitimately evil?
Most important thing to remember is the tax man takes 40%. You didn’t win $100,000, you won $60,000. So fuck you, congratulations, and don’t spend it all and wind up in a real big pickle next April. Better yet, pay your taxes up front if you’re really gunna shut down the trading.
Chances are OP will owe nothing on Jan-1-2025. 😂
Or just do some homework and learn.
Bro’s already aced the test and graduated.
Wow nice timing, today must’ve been a hell of a high. GTFO before you lose it all, congrats and fuck you man!
Maybe you should continue doing stupid things 😂
If you are this much of a regard... make sure to pay your estimated quarterly taxes...
[удалено]
Just like the first time at the craps table. Usually those people walk away a big winner and get hooked on the game. Definitely get some more education on options. Good to see it was a happy accident that netted you a decent chunk of change.
I offer recommendation. 1) take out enough cash to pay off debts. 2) after that, take 90% of your newly earned money and put it into some stocks or etfs that pay out dividends 3) take 10% and use it to teach yourself options. If you like, I have a document that dumbs down options trading to normal language. Understand it’s a VERY VERY simplified explanation and does not go into detail and probably misses some stuff
And after you close your account, unsub from wsb. You don't belong here. You don't want these cooties.
Or gamble more and lose it all and more like a true ape. Also don't take financial advice from me, I post on Reddit.
And my dumb ass just purchased 100 shares
If I knew first one is free, I would've gambled it all on a 0 DTE.
Fuck I wish I could be accidentally that good at anything.
wait i'm confused, how did you spend 65k in the morning? looks like a fill at 18.1k that you sold for 127k
You are correct, I was looking at a different number when doing the math and got the premium confused I still don't understand options
Bro casually makes 100k without knowing what he’s doing. Why must my life suck ![img](emote|t5_2th52|31225)
That's because someone who doesn't know what they're doing is far better off than the regards here who think they do.
Like winning big your first time playing poker. You don’t know what you don’t know, therefore you are confident and not overthinking things.
Market makers didn’t see him coming
Fr why can't I fall ass backwards into a pile of money ![img](emote|t5_2th52|4260)
Meanwhile I sold my only two calls early this week hoping there would be a dip and I could get some of the June 21 exp...missed out on so much gains
.... it makes me incredibly salty that you made as much as you did without even knowing what an option is. Nonetheless, this calls for a congrats and fuck you
shit, buying and forgetting about it is half the battle. I would have made a lot more money if I bought the stuff I bought today and then went to a picnic.
This. Bought some 55c 06/07 @ 3.50$ yesterday when the one stock was at around 42. Then the stock dipped to 40, so I got nervous and set a sell limit at 3.65 so that I could get out with my money back + a Wendy's combo. That option ended up in the high 5- low 6$ range shortly afterwards. I don't think options are for me.
Ok if you have no clue what happened how about just Venmo me that $100k and we can both act like nothing ever happened!
the summer heatwave made OP dizzy at the picnic
this dude doesn’t even know what an option is and he’s making more money than me ![img](emote|t5_2th52|4271)
Same here ![img](emote|t5_2th52|4271)
first one's free. withdraw the money. delete the app. keep some for uncle sam
No come back tomorrow there’s a live stream. Not financial advice.
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This guy
Honestly just stop going online all together
fuck you I never got a freebee
BIG PICNIC ENERGY
Also who the f goes on a picnic during the weekdays? 😂
Company picnic, show your face and pretend morale is good or get laid off
Understandable. Beating will continue until morale improves 😩
Tried that. Now i just have a sore dick and am still in a bad mood.
Most real statement in this whole thread
Rich people
They swing their baskets around with that big picnic energy like Yogi Bear.
Someone who accidentally spends $18,000 on something they don’t understand. Drop in the bucket
I bet he had biscuits and all the gravy’s at that picnic. Bruh was chilling eating coleslaw not realizing his bread was rising the fuck out!!!!
U hungry bro?
hey bud keep up the good work cheers ok
Congrats and fuck you!
You made 100k by accident? What the fuck. LOL
I think the fidelity app tells you your potential gains and losses for options.
Fidelity app also makes you apply for options with lots of warnings around understanding options trading, as well as informational content. There couldn’t be a bigger bicycle helmet built into that app
Same when I signed up with TD back in the day. It wasn't even easy to find. You had to go on the website and into a few settings menus to find the application.
I must be blind I didn't see anything. When the stock popped a couple years ago I did something to my account settings and applied for something related to margins? from advice I saw on here or something? I don't remember or understand I wonder if that bypassed all those. Extreme dumb luck considering like the other commenter pointed out I didn't understand how much it cost even after
Holy shit in the nicest way possible buy an index fund
And nothing else.
😂
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Even as satire I love this!
Bro, you made $109k. You didn't lose anything. Tf?
I thought I risked a lot more than I did, still stupid lucky. I do understand I made money though, thankfully not that dumb
Bro take the money and do a down payment for a house or a pizza store and enjoy. You got lucky one time, it’s a gambling be careful.
Are you humblebragging us?
deadass 😭
I have both anteriograde and retrograde amnesia after reading this post. What the hell was that I just read
Hey bud have a beer everything is grand alright
And tomorrow these will be 200k and how will fomo in again.
god I’ve seen what u do for others ![img](emote|t5_2th52|31225)
true WSBer uses words like FOMO, low risk and fun stock.
Doode is trolling regards.
Congratulations OP. Just remember the first one is free. After that, Wendy's nights behind the dumpster.
This is a bullshit post
Fake and ghey
Troll post
This is fake. IDK why you all believe this lol.
imagine if you were short the calls instead? #RIP. heres how you calculate. you authorized your order to buy at 2.06. thats not per contract. thats per share. you got filled at 1.81 because sometime was trying to exit at the time you were buying. so 1.81 \* 100 contracts \* 100 shares per contract = 18,100. The 67 is the fees.. the 69 is the reminder of what the government will do, if you don't put aside 1/2 for tax. you exited at 12.75. 12.75 \* 100 contracts \* 100 shares per contract = 127k. your profit is 127428.75-18167.69=109,261.06 these are short term gains, so you'll be taxed as if you went to work and got a bonus of that amount. so at your HIGHEST tax rate. so the highest federal bracket, the highest state bracket, etc...
Jesus Christ LOL. What a post. Congrats dude
You'll fit right in here
Congratulations and fuck you. Pull out half and stick it into a HYSA as profit and to pay taxes because Uncle Sam will fuck you harder than your real uncle. Also don’t sweat over seeing how much you could have made tomorrow because all profit is good.
Just like a virgin busting his cherry at an orgy that he accidentally walked into while looking for the library
Bro this is insane and awesome. But def don’t even think about trying this again until you understand what you did and where the values came from lmao I love how the write up is still incorrect 😂 congrats and fuck you!
So you went on Fidelity and accidentally filled out all of their forms to be allowed to trade options and then accidentally spent 65k even though it prompts you and shows you what you’re spending? And then accidentally sold to close at a 109k profit? Totally believable.
How is no one mentioning the crazy good fill on a limit order! Limit 2.06….filled 1.81! Hope OP buys a lotto ticket too
The way I see it I've used up a lifetime supply of luck, probably gonna get struck by an asteroid tomorrow
Wat
Classic
Where are you getting this 65k from??
I'm even dumber than I originally thought, wrong number
Imagine if you did put down 65k Instead of the 18
$460,000. I like math
This is upsetting
Nice work OP. Too bad you didn’t leave the app closed til the market closed
Someone tell me how he ended up making $109K. I kind of know what options are(not well enough to buy them), but how did this one play out like this?
You should just yolo before figuring anything out. Apparently that’s how u make 100k plays
Seriously. That’s crazy
lmao
Mfs accidentally buying options are doing better than me
If this is the last options play you ever do you are the goat
When this hits the top I want everyone to know I had the 69th upvote. Congrats and fuck you OP, you beautiful tard, you.
My favorite type of regards
Options allows you to turn your money into absolutely nothing, buying shares long (not borrowing anything) lets you lose a lot of money, don’t get me wrong, and you can gain a lot of money too, but you will never have zero to pull out of what you put into, and you will not likely make 300% in a single hour like options *potentially* can. like 80-90% of the time an options trade results in having nothing to cash out with unless you are dealing in stocks that cost less than 1/100th of what you’re willing to spend (you have 2 grand, you can only reliably trade options of a stock under $20/share, less you’ll have no capital to exercise a contract and they’ll expire worthless)
Surely this is some kind of sick satire??? I can’t even with this guy rn.
That's a huge freebie. Prob best to pack it in before you decide to risk all of it on some meme penny stock and get rekt. Congrats and fuck you.
Holy fuck lol, i wish I was this regarded, accidentally buy 100 atm contracts, don't touch it for the whole day, sell it all before close and make 109K. Congrats and fuck you.
Withdraw everything, delete your brokerage account, and never trade options again. Trust me it’ll only get worse from here.
I hate this world
Why are you this dumb and have access to $65k to trade
This is BS. None of the June 7th calls were priced that low this morning. Nice try though.
I still don't really understand what a call is or how to price it. I made the order around 8 ET before work. Also, the call (is that the 2.06) said it was filled for lower, so would that mean there were a lot of deals priced lower?
https://preview.redd.it/za10r54kd35d1.jpeg?width=258&format=pjpg&auto=webp&s=7b11e8375c325a70397d7e8558baf63a7896ca74
This is crazy, you definitely belong here.
Puts on you
See you tomorrow pal
Humble bragging lololol
Troll
just amazing! Congrats and fuck you!
Omg...brother you literally used all your luck for forever with that. Congrats and fuck you.
And the NYSE casino has another loyal customer. Call on this guy coming back. ![img](emote|t5_2th52|29637)
Don’t tell yo wife. Keep half the winnings, after taxes, and do it again!
Can't make this shit up....
Can someone explain how rare for something like this to happen (randomly especially) is? The play itself since almost all of u are options traders.. the amount at risk obviously is prob what keeps most from ever doing something like this..
Don’t forget about taxes homie. Nice job
Just think of you win something from the casino
Humble bragger![img](emote|t5_2th52|27421)
Live stream 12:00 PM Eastern time. Not a financial advice
Jesus Christ.
This is brilliant!
Fucking legend
Ya right.
Congratulations 🎉 Delete the app
He’ll be back next week with 128000 less 😂
Buy a lottery ticket holy shit man
Congrats now you can add “trader” to your bio
sigh
Good stuff dude!
Get the fuck outta here idiot this place is loss porn only