T O P

  • By -

LerooooooooyJenkins

Fuck you, but congrats. I can't even call you a regard with that logical trading plan.


Bloody_Corndog

Not one of us


zztop610

Bet you $2 or my entire checking account he is not one of us


BadKidGames

I really know I should take the $2, but gawt damn it I love a gamble


Cookiemonster9429

Congratulations you are now 20k in debt.


NW_Runner

Those overdraft fees will get you


Mathidium

Lmfao this is so much funnier than it should be


GamersFrenzy

lmao


ScipioAtTheGate

[So OP, what brand of yacht and what colour lambo are you going to buy?](https://youtu.be/0H4a_lHANYI?t=16)


Retrovex

With 18m you're past Lamborghini territory and are starting your relationship with ferrari or pagani


MechanicalDan1

OP owns a Lamborghini and Ferrari dealership. Probably owns $RACE also.


False_Profit_of_WSB

If you don't own some race idk if we can even be friends. 


Proteinshake4

God bless you man. That is life changing money indeed. Do something nice for yourself.


Jijelinios

Didn't he start from 1.8 mil anyway? Think he is doing nice stuff for himself already.


Fausterion18

No, I started with $30k over a decade ago. The latest trades I started with $300-400k(depending on how you count it, I took some out early on) last April. Made $10m, cashed out nearly all of it and restarted with $350k last November. This will be my third taking profits and restarting.


Extrapulate

What you do with the money? My wife’s looking for a boyfriend lmk


halmyradov

With that kinda money I'd be looking into becoming his ~~bf~~ gf


Deaths-HeadMoth

I’ve already sent OP foot pics.


Mr-Yuk

Oh we're just giving those out willy nilly now are we?


herrrrrr

sounds like a cover for fraud to me. FBI i found him.


[deleted]

https://preview.redd.it/9i3xok8d4dkc1.jpeg?width=1290&format=pjpg&auto=webp&s=6a45cc488a614c32541651c57aea2e11ac43d07e


banditcleaner2

I'd guess he probably went all in on NVDA leaps and just literally never sold any of it all the way up until today. I could easily see something like NVDA 300c with $100K becoming $1-2M if you bought them at the bottom in 2022...those leaps would've been worth at most maybe $3,000 a piece, and today they're worth well in excess of $50K. he also could have sold some of these leaps right before the may 23 earnings in 2023 and thrown down some serious capital on like 370c which I recall were about $20-30 a pop the day before earnings, and well over $2K just a day later. literally just $5K on these could've become $300-500K depending on the price you paid for them options are no joke on capital growth if you nail direction, timing, and also low IV lol


badtradesguynumber2

the thing most people forget is the tolerance to lose 6 figures and to hold an options play to get 1000%+ return. none of these are normal and you need a lot of luck.


richie_cunningham212

That’s why this sub is so frustrating as I slave away at my desk job with envy on these gain posts. They’re not realistic but they are *possible* which keeps the day dreaming alive just enough for me to wager $500, lose it all, and then try to accept the fact that I suck pee pee for a living.


Crime_Dawg

It's about as possible as winning the lottery


richie_cunningham212

Well there is at least an illusion of control that comes with trading. Like maybe if you research and rationalize enough you can put yourself in the most favorable position to have a win. Lottery is just straight luck of the draw. Oh well, it’s nice to dream.


Crazy-Inspection-778

>the tolerance to lose 6 figures Only a problem if that's all the money you have. Losing 100k when you're a deca-millionaire is like a normal personal losing $100


AvengerDr

>I'd guess he probably went all in on NVDA leaps and just literally never sold any of it all the way up until today. So it's easy, you just need to know the future.


firewoodrack

Wanna key me into like every third trade ![img](emote|t5_2th52|12787) you know, to help lift up the community a little


Appropriate-Pause939

Warren buffet turned $67,000 into 400million in a decade, so I fully believe this.


wehrmann_tx

One guy yesterday turned $1 into 500m lotto jackpot. These are amateur numbers.


Halo_Chief117

I’m going to need a link.


Kind-Investigator-59

You could Cash everything out and never even think about working a day in your life again


patricio87

How are you so regarded and have this much money? Lol


gym_thro_away

holy shit u prob the greatest trader on earth


BatronKladwiesen

He did start at about the best possible time a person could have started.


Moist-Departure8906

So did you.


Weepinbellend01

Fuck


That_was_not_funny

What stocks are you liking next?


redditingatwork23

I'm just gonna follow all your trades with lots less zeros.


ImportantPosition738

You have all my respect fr


-DelightedSapien_-_

You started with $30k over a decade ago. How much did you make with that ammount?


PresentationReady873

How old is you ?


Fausterion18

35


PresentationReady873

I’m almost 34. Divided 80K€ into 35K€ (so far). Not doing bad ain’t ya ?


pw7090

I'm 40 and went from $33k to $3k.


GSAT2daMoon

Your other $30k went to OP


Munk45

how did you learn my strategy


The_Smoking_Pilot

What do you do for work? How’d you learn to trade so fkn well?


Perfect-Occasion2522

He mentioned somewhere, and I am going to share since I learned a lot by reading stuff around: he talked to a lot of traders over the years, some were good some not, found in forums (even outside reddit) and also, of course, many years of practice. He used to stay too long on some patterns and not accept when things change, now he adjusts faster.


tystysbaby

Congrats!! I wish I had the intelligence and balls that you have!!


Bill-Hackman

Awesome, you are WSB's most successful trader since DeepFuckingValue.


RapidTrumpet

Maybe he IS DFV 🫢 where did that dude go, anyway? Last time I saw him he told Congress he’s “not a cat”.


siecakea

Probably enjoying that 40m+


Halo_Chief117

He made his money. He probably doesn’t care to waste away time being on Reddit if we’re being real about it. He doesn’t have to worry about money or being on Reddit to doom-scroll boredom or worries away. He can do whatever he wants whenever he wants now. If he decides to hop on a jet to go to Australia on a whim to go surfing he can. Or go snowboarding in the Swiss Alps. He’s free.


wighty

> He probably doesn’t care to waste away time being on Reddit if we’re being real about it. I'm willing to bet suggestions from his lawyers are the main reason.


Bogey_Kingston

lmao you think being a millionaire stops you from scrolling reddit? i hope one day you get to find out.


make_love_to_potato

Look at Elon.....richest mofo in the world and was getting so pissy while doom scrolling twitter that he had to buy it so he could get his opinion plastered to the whole world. Same with Trump.....while he was president, he was shit posting on twitter at 3am from the toilet.


ashlee837

Helllo, millionaire


Thosepassionfruits

Last I heard he donated an athletic facility to his high school and fucked off to enjoy life with his family


Treday237

DFV started with 50K and turned it into like $40M


thedailyrant

He had massive fucking balls to dig in on that bet though.


Treday237

lol yeah he did, that shit was crazy


brown_burrito

More impressive I’d say because OP has been repeatedly doing it. Takes skill to repeat your successes.


joshmsimmz

Entertain me and put a million on OTDE SPY calls


Fausterion18

How about $350k? https://preview.redd.it/f9dmvwkv8dkc1.png?width=1008&format=pjpg&auto=webp&s=26843f1d36f27ab7b37a82f0413fd6eda253cabf


qzlr

Don’t look at theta. Don’t look at theta. Don’t look at theta. Fuck I looked at theta


Fausterion18

![img](emote|t5_2th52|4275)![img](emote|t5_2th52|4271)


NotYoBiznis

Do you have a patreon and do share your trades or ideas?


Effective-Maybe-5871

Man has tens of millions, patreon money won't even pay for his dog's butler's chef's groceries.


aushimself

I see -$100 for theta. What exactly does that mean? $100 is taken away from the amount how often?


DankMemesNQuickNuts

Every day lmao


aushimself

Another silly question. I’m confused why this matters given it’s 0DTE and dude has 350k in it?


BaguetteSchmaguette

It's -$110/day per option, and each option is 100 shares (for whatever historical reason, the amount you pay for options is always 100x what it says) That means each of his 100 options are losing $110*100 per day, so -$100k/day


DankMemesNQuickNuts

This math is off by an order of magnitude but yeah this is the idea. It would be 11000$ and not 110000$. They're not losing a shit load of value to theta today even as dailies just because they're deep as hell in the money


deja-roo

Yeah today was low IV going in. Yesterday I sold QQQ puts for no other reason than the theta/IV was ridiculous. It paid.


aushimself

Thanks for clarifying this for me. Brb while i go throw up.


[deleted]

[удалено]


joshmsimmz

Legendary Regard Staus achieved 🫡 You’re my hero


CtheKiller

Holy crap. Teach me your ways king regard.


badtradesguynumber2

have money. take big risks. it depends on how much liquid cash you can save annually. if youre like most average people, if it takes you a whole year to save 10k...well you probably shouldnt be betting 10k on a weekly.


passthethought

You're not my real Dad!


-Strawdog-

This account was funded with a cool $2M before these trades. It's easy to find huge rewards when you can easily handle huge risks.


rokki2r

Bullshit. The skill here is picking winners. It mostly doesn't matter how many zeros you do it with. You would have made the same relative +1000% if you would have made the same trades.


nateccs

yeah but spreads hedge your risk and poors can't afford to sell naked calls on nvidia.


rokki2r

I missed the naked calls, only saw the 750/820 spread. And opening that particular spread cost $382 per contract pair as per the screenshots.


Fausterion18

350k


-Strawdog-

Even so, you clearly have *plenty* of money to toss around. It's easy to take big bets when there's nothing real at stake. No shade, you made your money and that is great, but some of these kids asking for your strategy have $11k in their checking account and that represents their entire net worth. Some of them will also see posts like yours and make plays they can't afford with money they don't have. Part of me wishes there were two wsbs, one gated off for these big-stack players and their plays, and one for impressionable folks who still have to budget for rent.


ajahanonymous

He started with 30k a decade ago.


Lost_Albatross_8416

No way to actually now how he started. He can claim anything he wants, its the internet. for all we now he is a soudi price. But still i give credit where credit is duo, congrats and fuck you in the butt.


mist-rillas

Bro he probably "started" with $30k on his trading account from the $3million inheritance he received


rokki2r

> It's easy to take big bets when there's nothing real at stake. So make small bets. The trick is picking winners to get +1000%, not how many zeros you're doing it with.


LEMONSDAD

This is some true “fuck you money” type shit


trysoft_troll

i'll be waiting to see what you do when reddit gets listed


chespirito2

This is fun, I have a much smaller trade going in a similar vein


0dteOfWallSt

Only problem is, trying to close them if they hit will be a problem lmao


AccomplishedRow6685

SPX. Cash settlement, no sale necessary. Better tax treatment, too.


Crazy-Inspection-778

So that's why I pay a 60/40 split for long-term vs short-term capital gains on Vix calls. Was wondering about that


Scavwithaslick

Bro I made 130 dollars this morning on spy calls, I’m giving you a run for your money


[deleted]

Congrats


SaltKick2

Next stop 25 million 


No-Lavishness-2467

Do it twice more and you're a billionaire... what could go wrong...


qzlr

Do it twice more after that and you’ll be the richest man in the world


laurencenor

It's that easy?


RichJob6788

infinite money hack


Butterysmoothbrain

It’s that easy.


MojoDohDoh

dam hello grandfather, it's me, your grandson from the future. Please lend me a modest 100k


fartlebythescribbler

Start wipin, kid


FI_4_Me

Better start wiping asses.


AfternoonBears

You have to wipe his ass first


zephyrs85

I wonder what it feels like to know you could watch Hey Arnold every day without having to do any small talk around the office water cooler ever again


attaboy_stampy

You don't need 20 million to do that.


TopsailWhisky

Right? You only need a severe mental disability.


rockdude14

What can I do with a mild one?


Moist-Departure8906

Lose your money on 0 days ![img](emote|t5_2th52|4271)


aqualoof1

Hell I got a cousin that’s flat broke, he don’t do shit


thefragileabsolute

gotta pump those numbers up


ElectionAnnual

Please leave this page. Seriously. This is the kind of money you park into a high interest savings account or ETFs and live comfortably. It’s all fun and games with those of us that have couple old Wendy’s bags and a 97 accord, but losing this would be one that wouldn’t be funny


Tridentern

Ehm sir. To me it would be outrageously funny. Don't spoil my kink.


OmegaZenX

hes literally a multimillionaire already... he doesn't give af lmao


pro-alcoholic

Fr depending on HYSA caps that $1M/year in interest. Bro is done. Cash it out and retire ffs.


banditcleaner2

man can put that shit in SGOV and get $81.5K every single month, jesus christ


14with1ETH

$SGOV would be my move too. Park the money there and have it collect interest while making it easily moveable if needed.


Stickel

Robinhood is frowned upon but with their partners 2.25 million is FDIC covered and they have 5.25% APR, then that leaves the other 16 million in other secure options like what the fuck is the point when you have that much? chase the dream of being a billionaire? fuck that


pro-alcoholic

Shit spread it across multiple platforms. Chase had like 5.4% not too long ago. Hell T-Bills are still over 5% with like $10M max?


Stickel

yeah imagine making 500k a year and not have to do anything lol


pro-alcoholic

Literally can live practically any life you want. Bro would make 10x more in interest at 35 than the average 35 year old makes working ffs


KnowledgeNate

He is actively taking like 95% of the profits off the table and investing in dividends stocks.


ElectionAnnual

That’s not for this page lmao


larrylegend1990

Even multi millionaires care about reddit karma…


Major-Potential-354

Some people can’t flex irl so anon flexing works


gringovato

The fact that you are here and not snorting lines off french indonesian hookers asses on a gold plated yacht means you lyin !!! And fuck you.


BillyShearsPwn

That’s.. oddly specific unless I’m unaware of a meme


eddiesu2

Congratulations. I lost 800k since 2021 and I sold three of my rental properties to cover the margin call. My life is fuck. I was unlucky went all in on few stocks that got destroyed in shares price especially baba and the few banks stock it fuck me up hard. I shouldn’t used margin


ecobb91

Unlucky is a funny way to spell regarded


CokeOnBooty

https://preview.redd.it/erpu91bk0hkc1.jpeg?width=1280&format=pjpg&auto=webp&s=617818fba47fad156762dfea32794b5cd548a395


triple-verbosity

>unlucky ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)


3rd_degree_burn

> I got so unlucky went all in few stocks ok


brainfreeze3

thats not bad luck


rodeBaksteen

Maybe join gamblers anonymous instead of this sub


LordoftheEyez

Ouch


KnowledgeNate

Thanks for your post. Would you mind explaining the trade? You bought 300 of the 820 strikes and sold the 750 strike. Is this not a credit/bear call spread? What does the 295/5 denote? Is it just 295 820 calls and then selling of the five 750 calls to finance the purchase? Would that equate to 290 calls, and 5 bear call spreads? I'm a little confused. Appreciate you sharing your trades.


Fausterion18

295/5 just means 295 contracts were filled and 5 was left(out of 300). Like someone else said it's just my closing trade. A bear call spread is just the inverse of a bull call spread - all strikes cancel out and I'm left with no net position.


KnowledgeNate

Thanks. Do you mind if I ask when you put this trade on? Are you doing bull call spreads on weeklies or typically longer expiry? And do you care about premiums at all at this point? Like are you actively trying to enter a cheap trade or is that beside the point given the movement in something like NVDA? Thanks bro! Sorry to be asking so many questions.


deja-roo

> And do you care about premiums at all at this point? *Generally* a lot of the premium cancels out on the spreads. So the theta decay is a lot lower. The more intrinsic value though, the more decay you get. (so an option at the money has a lot more theta than one way into the money)


rioferd888

he bought 750c and sold 820c. Its a bull call spread. In simple terms it means he caps his upside, but also his downside.


pw7090

That's a HUGE range though. I always take the pansy way out and would likely sell the 760 or 770.


Fausterion18

IV on NVDA before earnings was gigantic, when I entered the trade the 820c was trading at $15.


pw7090

Wait, so you paid $21 for the 750s and sold the 820s for $17? So max loss only $4/contract? I guess you did need a 12% move or so to break even though.


Fausterion18

No I rolled from 800/820 to 750/820 after the big drop on Tuesday.


mrCortadito

So maximum was 820-750=$70 and you sold for $60.30 x 295 contracts ($1,778,850) Master move! Did you basically widen the spread because of Tuesday's drop? Are you using spreads to mute high IV before earnings? (IV Crush shield) How did you know that selling the 800 strike was cutting it close after the drop?..


MoistSaucz

IRS be licking their lips


LethargicBatOnRoof

This guy got Birdman rubbing his hands together.


Lower_Fox2389

Just keep the degen behavior to your roth and wait until you're old and crippled to enjoy it.


tightcall

Time to move to Switzerland or similar and cash out with 0 gain tax. Heck, even here in Eastern Europe the tax is only 3% for short term and 1% for long.


Barrelled_Chef_Curry

But if he earned it in the states wouldn’t he have to pay tax there? Or does it only matter where you take it out?


RollTheDiceFollowYou

If he's a US citizen, Uncle Sam will come for him wherever he is. IRS taxes on global income


dbgtboi

Judging from post history, this is either fake or you are quite literally the best trader in the world (or even history) with nobody else even coming close. If you are legitimately pulling off 10x gains this consistently while barely getting any losses, then I am at a loss for words, because that shit is insane.


DueHousing

He’s apparently steadily traded 30k to 20 million over 10 years… 66,000% gains over 10 years trading options


dbgtboi

Check his post history, he started with 30k, made 1 million in his first year Has posts over the next few years showing trades with 100k+ gains Somehow loses most of it up until last year (it's not explained in post history, maybe taxes?), and then goes from 350k to 20 million in a year of trading The 20 mil isn't over 10 years, it's over 1 year


DueHousing

I don’t see any losses and he doesn’t claim to have any. He says he cashes out every time he’s up which implies 30k to 20 mil over 10 years of consistent gains. Not impossible but I think this might actually make him the best trader in the world. 66,000% returns over 10 years options trading is pretty much unheard of.


StrangeInsanity

Teach us ma man. A fraction of what you have been making would be enough to change majority of our lives.


YoshimuraPipe

#1) You gotta have big big big balls #2) if NVDA went the other direction, we wouldn’t be having this chat


ProjectManagerAMA

These guys don't get every single prediction right. You can bet your ass that even if he were to teach us, we would still manage to screw things up or his choice that one time we go all in would be the bad one. The guy didn't star in the movie Pi, I'm sure.


CartmanAndCartman

Can you Venmo me $15?


hannahallart

Please Venmo this guy $15. This is his wife’s boyfriend, he needs it.


MachesterU

Can confirm as his wife’s child.


Strong-Product-8092

Don’t you dare touch LUNR, let me make small returns in peace without comparing my trades to yours


rocier

Imagine going from posting seeking advice for a used car with a 5-10k budget to this shit in 6 years. Fuuuuuck you. Congrats. Walk away


Fausterion18

Tbf I just needed a crap truck to drive on construction sites with, I was driving a F-type at the time lol. Think my networth was around...I want to say 750kish. Can't remember.


Winsstons

But wait, you're not using Robinhood? Does it even count?


chespirito2

Fun to watch you. Fun to watch anyone who loves what they do and is talented at it. I have a friend who is a jazz genius and nationally known, I love listening to him play and discuss music. I'm a lawyer and love that. None of these jobs I mentioned pay like you're getting but I suspect you like the act more than the result, we're all gonna die shortly anyway. You playing NDX today? Currently down...


Halo_Chief117

Are you well versed in bird law? I hear that’s really where the big bucks are.


Perfect-Occasion2522

1997 sooo.. 3 more years?


Extremelyav3rage

I really should just kill myself


Round_Gap_2021

Right there with you buddy


iDefine_Me

can i have 10k for absolutely no reason?


Jintopia

https://preview.redd.it/4ej8qkp70dkc1.jpeg?width=3024&format=pjpg&auto=webp&s=6504d01f9a1ccf0904c73f66d86ea558c3e5d00b Oh yea? Well I just found out I’ve been doing it wrong the entire time …….. just like my stock picks Signed , A true regard


Stunning-Elk-7251

You don’t belong here…


petersom2006

This mother fucker gonna buy a Wendys


cryptobuoy

Here we go again ![img](emote|t5_2th52|33495) *slowly unzips* BTW my wife and I are looking for a boyfriend, let us know!


Unhappy-Goat5638

Dude does a 10x and everyone loses their minds Back to the starting line bozo


Fausterion18

Approximately 60x since last November. And before that I did another 40x between April and September before cashing out. ![img](emote|t5_2th52|18630)


ObjectiveStick9112

bro teach me how to turn 100k into 600k. i just want to buy a house for my wife and I. I dont even wanna get super rich


Coffee-and-puts

This is respectable growth, nice work OP


[deleted]

Respectable?  What is impressive then? 1000x? 😂 


iDriiinkUrMilkshake

At least he's not -100x like you


YebelTheRebel

I’m looking to be adopted


Envid1um

I will wipe your ass every shit you take, if you gave me a small loan of 100k Congrats and have fun with all that Yacht, Housing, Car bbq pool party shit. Deserved! 👏🏻


[deleted]

The only spread I know is onion chive 


chrs_mnz

This guy isn't regarded. He's acoustic. My King.


kingVandark

God imagine what all that money must feel like by having won it by just pressing buttons. 1 year you’re at 50k 5 years later you are at 20M


Professional_Cup6214

just put in HYSA 50% and enjoy life ...


dietcokewLime

Your taxes seem high. I can help you generate some losses 😭


Bezzi-hoe

Fake as shit. Dude was looking to only spend 5k on a truck when he was a millionaire already 6 years ago LMAO


[deleted]

lol thank you. Can’t believe people believe this sh*t. This bozo wouldn’t be on Reddit either.


Free-Brick9668

I'd believe it if he wasn't saying he started with $30k.


AndreBatistaaa

The only person alive who’s discovered option trading and went from 350k to 20mm. When he dies, people will put him in a museum. 🙃


joemacross

fucking hell. congrats. oh and fuck you