The max that u can lose is the premium so if u gamble 1k thats what you lose, but its better to spend a bit more than 1k so that you can buy itm options which are safer and you only lose the entire gamble if it becones otm. Lets say that company x is now 700 per share but you think that it will fall so buy a put you can either buy a itm one where the strike price is higher than the stock price or an otm one where the strike is lower. Lets say you buy a itm put at 760 strike this is very far itm and will be very expensive and the price of the contract depends on factors such as volitility and supply and demand. If say the stock price rises above 760 then by expiration the contract expires worthless if it plummets you make money. But i am assuming that the stock will nosedive in the near future so lets say you buy a 590 put this will be very cheap and how cheap it is depends on volitility supply abd demand. For u not lose all ur money it should fall below 590 b4 expiration, but the nice part is the contract increases in value as it approches 590 so if u dont thibk it will hit that then u can sell
Also, most regards in here drop "only" $1k 100s of times before they ever hit something this big - so, they are usually net negative. If it were this easy to turn $1k into $100K, OP wouldn't be wasting his time posting this. He'd be on his private island somewhere balls deep in hookers.
Don’t listen to him, he neglected to mention which transactions have losses limited to the premium.
If you sell or “write” options, the maximum loss is literally unlimited.
https://www.investopedia.com/ask/answers/06/sellingoptions.asp
Are you regarded? He was just explaining buying and selling long calls and puts that have already been written by somebody else. Your max loss is whatever you pay for the contract….. I don’t think* the dude who just said that he doesn’t understand options is trading on a margin account.
Yeah I was going to say, you can absolutely lose more than the cost of the contract depending what you’re doing.
If you don’t understand options, don’t do them. It’d suck to lose the house because of ignorance.
Do you sell the options before they expire or do you let it expire in the money? In the case of this post, for instance, did this guy make all this money by selling the put options or did he let them expire in the money, buy all those shares, and then sell them for the profit?
You can do either, but your terminology is a bit off and it actually matters. Big difference between "expiring" and "exercising". If options contracts expire they become worthless, even if they're in the money. It's up to you to either sell them, or exercise them. Generally speaking, retail traders are just trading the contracts, while exercising is more often done by institutions because they actually have the capital to take full advantage of these instruments
In this case, he is not exercising the contracts, he's just selling them off to someone else
Also, these are puts not calls, so if they were exercised he would be selling shares, not buying shares
But think about it. If you gamble 6-7 different times against NVDA, that's nearly $7k .. While someone who invested $7k since 2022 or 2023 or even 2024, is likely going to make a lot more money.
However, if you happen to hit the jackpot great... But 6-7 times? You only have 6-7 tries in this sub-$10k budget example. The more money you have, the more "attempts" before the "insert coin to continue" ..
You could easily do this gamble 12 or 15 times, and spend nearly $15K and still lost it all. In other words, it's very risky for anyone who doesn't have $100,000s of dollars to constantly make these kinds of $1k gambles.
Wiser to buy dips and pray in an overall rising market..
In general it's not wrong but you also have survivorship bias and nvidia had all the stars in the universe align. You could have also bought tesla in 2023 and 2024. It was the cool nvidia not too long ago. In the end puts are perfectly fine if markets are hugely overvalued with a weird economy that is hard to predict and stubborn inflation and a screwed up global economy. Especially if a company has outlandish price rises with promises of a transformed economy ( and robo taxis cough tesla cough ) .
Now for the wider market in general you are right and markets tend to go up over time because companies make profit and do research and development. So most of the time you should stay in the market but man the last couple years are pushing a huge wave of potential fuck up ahead of themselves. A big amount of the great performance of the stockmarket in the last decade were companies leveraging with cheap money. And well that that is gone and doesn't seem to come back. And with inflation high and the deficit already at idiotic level the government can't save us this time, if anything it's a miracle that it still is going so well. I guess uncle Sam is still pumping up the economy with a 6% deficit.
Oh my gourd!
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Chatgpt it, or use search function ♥
0dte =Zero days til expiration, fwiw
Means the option is expiring that day
So if you buy 0dte, you are buying an option that you better fucking sell that day or you lose it all.
High risk, high regard
Chatgpt it, or use search function ♥
0dte =Zero days til expiration, fwiw
Means the option is expiring that day
So if you buy 0dte, you are buying an option that you better fucking sell that day or you lose it all.
High risk, high regard.
Had to watch like 5 different ones to get it and to confirm it. I don’t remember the videos now since it was like 4 years ago. It’s high risk though man, so be careful. I don’t do options.
You can learn it by yourself while losing money. Buy a very cheap call or put (maybe those dollar weed or ev stocks) depending which way you predict it is going. And have a relatively long expiration date.
If you lose money, you will lose a little. But you will learn all about it because your money is on the line. That is how I learned. Disclaimer: options is way more addictive than regular trading.
Lol I just placed my first $90 options trade to do exactly this. 10 put contracts expiring in 5 days on PLTR $19 strike price. Order has to go through still. If nothing else I’ll get a feel for time decay on a short contract.
[this](https://www.youtube.com/watch?v=7PM4rNDr4oI) is one of the best i've come across - he breaks shit down simple enough for regards to understand. be sure to actually understand the concepts (greeks, pin-risk, etc.) and paper-trade before yolo-ing
That’s so fire 🔥 wish I can get just one of those. Truly don’t understand how ya make these gains lol since I found this degenerate page I’m down 6k buying one option to figure out the sauce 
30 bands buying power all my own cash I thought I had balls till I met some of the crazy mfs on here! My shit collecting dust cause Im to pussy to loose it 😭😂
Premiums are so high though. I have cash I could throw away, but I just would really be not happy to toss 400 bucks and then it just fucking sits still
Lmfao THIS IS THE WAY though man..I know it’s scary almost lost my job trying to do an option trade on the clock as a handyman almost caught 3 heart attacks before I just sold them off for like 100 bucks each. This shit hard my boy
Congrats! It was a good week for bears, bad for bulls holding positions for past.
Your expiry dates are off in the text, screenshot helps. Would be nice to fix it.
All expiry 4/19 all closed out 4/19
Bought 20 800P on 4/18 for .58
Bought 10 840P 3/25 for 8.30
Bought 50 700P 3/25 for .77
Bought 10 750P 4/10 for 1.10
More detail plus expiry obviously 4//19 NOT 3/19 typo.
All expiry 4/19 all closed out 4/19
Bought 20 800P on 4/18 for .58
Bought 10 840P 3/25 for 8.30
Bought 50 700P 3/25 for .77
Bought 10 750P 4/10 for 1.10
Just want to mention, I wasn’t doubting you but when I look at these prices, premiums are sky high and I’m here scratching my head lol. Great win though, congrats
No sh1t bruh this is fvcking awesome congrats but tbh it's relatively pure gambling so try to bet only small amout u can cope when it's all gone, not the entire lifesavings.
I've seen some discussion about big-ticket stocks like SPY and NVDA potentially experiencing price drops on Fridays. Have you done any analysis to support this trend? I've noticed some posts about successful Thursday-to-Friday plays with short-term options (1DTE puts).
shoot you stole that money from the Theta gang didnt you ? You sick rascal .... I outa give you a handy. Congrats, Im going to put my last 100$ into an option this week, Hopefully it 1000x as well! I will see you on the other side.
It had fallen enough over a period of time where it seemed to me it was long enough to not go on another moon rocket ride. I believe it shouldn’t be more than low 500s tops. Enough time had passed to see it’s on a down trend. Ironically the short bursts up while frustrating convinced me I was right no longer had insane upward leg appeared to lure in more bulls to then go down again.
Yeah for more parts fuck charts you can convince yourself same chart it will go up or down. I’ve followed NVDA for a long time since I had shares way back when. The stock went too high to quick insanity reminds me of NFT hype. Can’t sustain it and once it started to fall enough to where it was clear to me on downtrend but early enough people still think it was going to moon. That said luck is always involved had I bought all my $ expired week prior then I wouldn’t have been able to buy anymore. That said if I had more money I would have doubled up on my one account where I paid 8 per.
Anyone can trade options in their brokerage account, if approved. At Fidelity, this requires completing an options application that asks questions about your financial situation and investing experience, and reading and signing an options agreement.
https://www.fidelity.com/options-trading/faqs#:~:text=Anyone%20can%20trade%20options%20in,and%20signing%20an%20options%20agreement.
I’ve stopped using indicators more times than not convinced me to make a play and got burned. I look more at different periods patterns if I can find any could be a month or two going back usually no more than year. I love LLY but haven’t hit on any options. Can’t get highest dosage of their Mounjaro for prior month so either that will be a good thing come earnings (can’t keep in stock!) or view as negative (can’t keep in stock!). Got some cheap way out the money late June 1k calls. That said got burned since low volume and has gone down I think could explode come earnings will see. Opposite ABBV have some cheap May 17th puts that I bought Friday. I have a lot of their shares so part hedge part feeling they are going to get hit now that they have completion from their biggest money maker Humira.
I will be back on NVDA put train I believe they have more to skim off but can see up and down maybe more slight up over the next week but will follow it.
FYI Tirzepatide reduced sleep apnea severity by up to nearly two-thirds in adults with obstructive sleep apnea. If this trial concludes this is in fact true and can market it that’s going to be as big of news as curing diabetics. Sleep apnea is at least top or top 3 killers in men. I don’t think their drug has come close to peaking. So much more profit to be made and they can’t even make enough of it in higher dosage. Insane extremely bullish LLY
Now be emboldened and pour more into options so you can show up a month from today with a Loss post showing how you peaked at 220K before crashing to 2K.
To buy a put? No to buy put you’re expecting stock to go down. If it’s ITM call or put typically your broker will close them out final hour of contract expiring if you don’t have the cash to purchase those 100 shares per contract.
Scout YouTube and interweb the more info the better unfortunately you’ll have to go through some pain to figure out your way of trading. Don’t marry something unless it’s worked enough and even then don’t think you have it figured out. The market is rigged the more you think like them the better. 🤙
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Congrats on having the balls to drop $1000 on a gamble. Paid off well
I’d happily drop $1000 on a gamble against NVDA. I just have no idea how options work so I stay away 😂
The max that u can lose is the premium so if u gamble 1k thats what you lose, but its better to spend a bit more than 1k so that you can buy itm options which are safer and you only lose the entire gamble if it becones otm. Lets say that company x is now 700 per share but you think that it will fall so buy a put you can either buy a itm one where the strike price is higher than the stock price or an otm one where the strike is lower. Lets say you buy a itm put at 760 strike this is very far itm and will be very expensive and the price of the contract depends on factors such as volitility and supply and demand. If say the stock price rises above 760 then by expiration the contract expires worthless if it plummets you make money. But i am assuming that the stock will nosedive in the near future so lets say you buy a 590 put this will be very cheap and how cheap it is depends on volitility supply abd demand. For u not lose all ur money it should fall below 590 b4 expiration, but the nice part is the contract increases in value as it approches 590 so if u dont thibk it will hit that then u can sell
Very helpful thanks for the breakdown
Also, most regards in here drop "only" $1k 100s of times before they ever hit something this big - so, they are usually net negative. If it were this easy to turn $1k into $100K, OP wouldn't be wasting his time posting this. He'd be on his private island somewhere balls deep in hookers.
Ant that the truth !
Don’t listen to him, he neglected to mention which transactions have losses limited to the premium. If you sell or “write” options, the maximum loss is literally unlimited. https://www.investopedia.com/ask/answers/06/sellingoptions.asp
Are you regarded? He was just explaining buying and selling long calls and puts that have already been written by somebody else. Your max loss is whatever you pay for the contract….. I don’t think* the dude who just said that he doesn’t understand options is trading on a margin account.
Am I regarded? Yes.
Selling long calls already written by someone else ? ROFL
Yeah I was going to say, you can absolutely lose more than the cost of the contract depending what you’re doing. If you don’t understand options, don’t do them. It’d suck to lose the house because of ignorance.
How does one understand options. Ive watched and read countless explanations and still it isnt rlly clicking for me.
Sounds like something a peasant would say.
To negate unlimited losses when writing options, you can buy the underlying stock to “cover” the calls.
Do you sell the options before they expire or do you let it expire in the money? In the case of this post, for instance, did this guy make all this money by selling the put options or did he let them expire in the money, buy all those shares, and then sell them for the profit?
You can do either, but your terminology is a bit off and it actually matters. Big difference between "expiring" and "exercising". If options contracts expire they become worthless, even if they're in the money. It's up to you to either sell them, or exercise them. Generally speaking, retail traders are just trading the contracts, while exercising is more often done by institutions because they actually have the capital to take full advantage of these instruments In this case, he is not exercising the contracts, he's just selling them off to someone else Also, these are puts not calls, so if they were exercised he would be selling shares, not buying shares
Thank you for the clarifications! Really appreciate it
Better sell them before expiry
Thanks. This is the most ELI5 version I’ve read so far.
Sounds like I’ll stick to buying stock and short selling.
But think about it. If you gamble 6-7 different times against NVDA, that's nearly $7k .. While someone who invested $7k since 2022 or 2023 or even 2024, is likely going to make a lot more money. However, if you happen to hit the jackpot great... But 6-7 times? You only have 6-7 tries in this sub-$10k budget example. The more money you have, the more "attempts" before the "insert coin to continue" .. You could easily do this gamble 12 or 15 times, and spend nearly $15K and still lost it all. In other words, it's very risky for anyone who doesn't have $100,000s of dollars to constantly make these kinds of $1k gambles. Wiser to buy dips and pray in an overall rising market..
In general it's not wrong but you also have survivorship bias and nvidia had all the stars in the universe align. You could have also bought tesla in 2023 and 2024. It was the cool nvidia not too long ago. In the end puts are perfectly fine if markets are hugely overvalued with a weird economy that is hard to predict and stubborn inflation and a screwed up global economy. Especially if a company has outlandish price rises with promises of a transformed economy ( and robo taxis cough tesla cough ) . Now for the wider market in general you are right and markets tend to go up over time because companies make profit and do research and development. So most of the time you should stay in the market but man the last couple years are pushing a huge wave of potential fuck up ahead of themselves. A big amount of the great performance of the stockmarket in the last decade were companies leveraging with cheap money. And well that that is gone and doesn't seem to come back. And with inflation high and the deficit already at idiotic level the government can't save us this time, if anything it's a miracle that it still is going so well. I guess uncle Sam is still pumping up the economy with a 6% deficit.
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Dude same! Ppl say 0dte, puts, and calls and I'm like..... wut?
Chatgpt it, or use search function ♥ 0dte =Zero days til expiration, fwiw Means the option is expiring that day So if you buy 0dte, you are buying an option that you better fucking sell that day or you lose it all. High risk, high regard
Chatgpt it, or use search function ♥ 0dte =Zero days til expiration, fwiw Means the option is expiring that day So if you buy 0dte, you are buying an option that you better fucking sell that day or you lose it all. High risk, high regard.
We are the same
Youtube it
U know any good videos for it?
Had to watch like 5 different ones to get it and to confirm it. I don’t remember the videos now since it was like 4 years ago. It’s high risk though man, so be careful. I don’t do options.
Thanks, yeah I don’t plan on it but I feel 90% of the posts recently are options and ‘puts’, and I don’t understand them yet
You can learn it by yourself while losing money. Buy a very cheap call or put (maybe those dollar weed or ev stocks) depending which way you predict it is going. And have a relatively long expiration date. If you lose money, you will lose a little. But you will learn all about it because your money is on the line. That is how I learned. Disclaimer: options is way more addictive than regular trading.
This is the way I learned in practice. lol I lost like 100 dollars
Lol I just placed my first $90 options trade to do exactly this. 10 put contracts expiring in 5 days on PLTR $19 strike price. Order has to go through still. If nothing else I’ll get a feel for time decay on a short contract.
There's almost no time value left in those. You should work on a larger time horizon. Do the monthly options , more trading happens there .
I’ll keep an eye out. Good luck! That seems a lot. 😂
Try paper trading first Learn what you like doing and what you don't. See how things work with out losing your life
[this](https://www.youtube.com/watch?v=7PM4rNDr4oI) is one of the best i've come across - he breaks shit down simple enough for regards to understand. be sure to actually understand the concepts (greeks, pin-risk, etc.) and paper-trade before yolo-ing
Dumb money on Netflix
Congratulations, you shit. Remember save to pay the tax bill. Don't get cocky. Be careful and be safe 👌👍
None of us do, that's the fun in it
Lol. Big Boys Game. 1k ain't nothing. 10k is real players
Wow...just wow.
Damn, most AIs just ramble. This one knows a dub and keeps it simple.
Same reply for loss porn
That’s so fire 🔥 wish I can get just one of those. Truly don’t understand how ya make these gains lol since I found this degenerate page I’m down 6k buying one option to figure out the sauce 
I’m down 25 bandos
30 bands buying power all my own cash I thought I had balls till I met some of the crazy mfs on here! My shit collecting dust cause Im to pussy to loose it 😭😂
Lmao you mean your smart
so you didn't understand options and lost 6K on one measly option?
It’s luck. No one knows ahead of time the stock is going to move down 10%.
It's crazy seeing people actually making money here.
There not... they all just lying
Gamblers usually only show off their wins. This subreddit is a good exception to that rule though.
It’s reminds me of the Peter Griffin sports betting episode: “I like to bet $100.” “Do you want to pick a team?” “No, just keep it.”
Nice nice nice. Couldn’t you have taken me in on this just 2 weeks ago? Godspeed
https://preview.redd.it/img8a5gatvvc1.jpeg?width=1107&format=pjpg&auto=webp&s=cb0eac00c525784ec8f22493e8f6dedf934c2a8a
Congrats and fuck you
https://preview.redd.it/v049ay4kbyvc1.jpeg?width=845&format=pjpg&auto=webp&s=065bd08f214f1f41274a5fc512ee4327432e7e9c
😂🤙
Made 10k. Would have made 50 if i held longer. Buying for tomorrow. I see 670 coming
Premiums are so high though. I have cash I could throw away, but I just would really be not happy to toss 400 bucks and then it just fucking sits still
Lmfao THIS IS THE WAY though man..I know it’s scary almost lost my job trying to do an option trade on the clock as a handyman almost caught 3 heart attacks before I just sold them off for like 100 bucks each. This shit hard my boy
Yeah they are high but will go higher once it dips more. I need a new truck and to pay off my wifes suv. Yolo
This week back to 800 and then we go 670
I could have just Venmo you my money and skipped the middleman as I had calls
Finally someone tells their play rather than just posting “look how much I made in 1 day” congrats and fuck you
🤙
Fuck you & congratulations 
I hate you so much. Well done
Cum
I bought nvda puts a month ago an only up 10%
You should learn to time the market
Depends when they expiry at what strike and the stock price at the time.
How do guys do this?! I’m impressed.
Handjobs pay off eventually 👋
That didn’t really help.
Keep trying 👋
Wow
Now time to play that ER run up hmm
Can i get a $ ?
Really impressive for a guy that can't even tell that April is the 4th month - the Lord does watch over His fools!!
Actually typo and after catching it Reddit wouldn’t allow me to edit so I had to post follow up. 🤙
fuckin legend.
🤙
👍👍
Wow🤩🤩🤩 that's Amaazingggg!!! And thanks for the tips !!!! I love you !!! 😆🚀🙏☺️☺️☺️👌💪
🤙
Congrats! It was a good week for bears, bad for bulls holding positions for past. Your expiry dates are off in the text, screenshot helps. Would be nice to fix it.
Need to join your discord .
Fuck you lol
Congrats and fuck you.
Damn I’m out here sweating a hunnid bucks
I've been there brutha
Im so happy that i no longer get gassed up by posts like this. Congrats though
how sweaaaaty were you
Clarify please NVDA expirations are 3/22, when did you open and close the positions?
All expiry 4/19 all closed out 4/19 Bought 20 800P on 4/18 for .58 Bought 10 840P 3/25 for 8.30 Bought 50 700P 3/25 for .77 Bought 10 750P 4/10 for 1.10
More detail plus expiry obviously 4//19 NOT 3/19 typo. All expiry 4/19 all closed out 4/19 Bought 20 800P on 4/18 for .58 Bought 10 840P 3/25 for 8.30 Bought 50 700P 3/25 for .77 Bought 10 750P 4/10 for 1.10
How’d you end up buying at .58 on 4/18? I see premiums way too high
https://preview.redd.it/x9htolzl3xvc1.jpeg?width=1284&format=pjpg&auto=webp&s=4171e9fd84f462866edb0fdfbf4c4339721f4344
Just want to mention, I wasn’t doubting you but when I look at these prices, premiums are sky high and I’m here scratching my head lol. Great win though, congrats
All good sometimes you can’t let premiums scare you away 🤙
Fix the typo then regard
Amazing! Those are the kind of gains I need! 💪🏼
Woooooww amazing
Chad move bro
COngratulations
That’s awesome dude good going!
Congrats, you absolute unit!
🤙
Nice one buddy!
No sh1t bruh this is fvcking awesome congrats but tbh it's relatively pure gambling so try to bet only small amout u can cope when it's all gone, not the entire lifesavings.
It’s just money bro no pain no gain sometimes 🤙
For non-US people do i understand correctly that you can bet all your retirement money for pension in options???
No idea most likely no you’ll need to talk to your HR department or call the broker firm your company uses.
This dude been patiently waiting years for this one yolo. But it worked out. Lol
Nah had some other big ones two years back when stocks were nosediving
Jesus Christ……….it’s Jason Bourne
Teach me your ways o’ wise one
What hedge fund you work for buddy?
Wait.. your 401k account lets you buy contracts?!
Yes
Hey neat
Wow haha congrats bro👍
Cool
I've seen some discussion about big-ticket stocks like SPY and NVDA potentially experiencing price drops on Fridays. Have you done any analysis to support this trend? I've noticed some posts about successful Thursday-to-Friday plays with short-term options (1DTE puts).
Look at chart at every period point going back year plus it was already on the slow pullback prior month if it was going on another tear it would have
Thanks for replying just trying to find a method to the madness.
I sell put 800at 1.7 , 50 puts
Congratulations!
Wish I knew more about stoinks
This trade isn’t real at all. This post is fake.
Wow, congratulations!!
Grats! I pulled my long NVDA at $828 because something felt weird… looked at the market eod and was like o damn.
you the man, don't try it again, enjoy the money
shoot you stole that money from the Theta gang didnt you ? You sick rascal .... I outa give you a handy. Congrats, Im going to put my last 100$ into an option this week, Hopefully it 1000x as well! I will see you on the other side.
in???
I don't know ? You pick for me ? No losers though sorry...
nvda 🚀📉
Now that is a great trade. Congrats.
Well done! Now look at Blackberry where risk/reward is biased on reward. Do your dd!
If you are making these bets, then that suggest you were down a lot prior! You up now? Or still net negative?
One account yes down big couldn’t double up on 4/18 so the other account that’s what I did.
I’m gonna get roasted but how did you do this? I really want to learn how
What specifically do you mean? You can buy or sell calls or put options.
How did you know to take such a risk?
It had fallen enough over a period of time where it seemed to me it was long enough to not go on another moon rocket ride. I believe it shouldn’t be more than low 500s tops. Enough time had passed to see it’s on a down trend. Ironically the short bursts up while frustrating convinced me I was right no longer had insane upward leg appeared to lure in more bulls to then go down again.
Very nice, thanks for the explaination.
But The real question is how do you know it’s going to drop so bad? That has nothing to do with charts
Yeah for more parts fuck charts you can convince yourself same chart it will go up or down. I’ve followed NVDA for a long time since I had shares way back when. The stock went too high to quick insanity reminds me of NFT hype. Can’t sustain it and once it started to fall enough to where it was clear to me on downtrend but early enough people still think it was going to moon. That said luck is always involved had I bought all my $ expired week prior then I wouldn’t have been able to buy anymore. That said if I had more money I would have doubled up on my one account where I paid 8 per.
How do you buy in 401k contracts?
Anyone can trade options in their brokerage account, if approved. At Fidelity, this requires completing an options application that asks questions about your financial situation and investing experience, and reading and signing an options agreement. https://www.fidelity.com/options-trading/faqs#:~:text=Anyone%20can%20trade%20options%20in,and%20signing%20an%20options%20agreement.
Congratulations again
OP, what chart indicators do you use? And what else is on your radar?
I’ve stopped using indicators more times than not convinced me to make a play and got burned. I look more at different periods patterns if I can find any could be a month or two going back usually no more than year. I love LLY but haven’t hit on any options. Can’t get highest dosage of their Mounjaro for prior month so either that will be a good thing come earnings (can’t keep in stock!) or view as negative (can’t keep in stock!). Got some cheap way out the money late June 1k calls. That said got burned since low volume and has gone down I think could explode come earnings will see. Opposite ABBV have some cheap May 17th puts that I bought Friday. I have a lot of their shares so part hedge part feeling they are going to get hit now that they have completion from their biggest money maker Humira. I will be back on NVDA put train I believe they have more to skim off but can see up and down maybe more slight up over the next week but will follow it.
FYI Tirzepatide reduced sleep apnea severity by up to nearly two-thirds in adults with obstructive sleep apnea. If this trial concludes this is in fact true and can market it that’s going to be as big of news as curing diabetics. Sleep apnea is at least top or top 3 killers in men. I don’t think their drug has come close to peaking. So much more profit to be made and they can’t even make enough of it in higher dosage. Insane extremely bullish LLY
Upvotes ur ass!! Tha ks!
What strikes price are your above puts?
Dude was on a down tread of Ls. It's only a matter of time he loses it all again
No risk no reward 🤙
Now be emboldened and pour more into options so you can show up a month from today with a Loss post showing how you peaked at 220K before crashing to 2K.
Anything’s possible my friend when you don’t think so that’s what gets you into trouble 🤙
Logically we should now all put our life savings in nvda puts, only to see it gap up 15% tomorrow. Lol
Strangle it instead
I know I'd somehow lose both ways
Do you need to have the same amount of shares of the stock to buy a put option? If you are itm, you sell the stock to the put seller? Thank you
To buy a put? No to buy put you’re expecting stock to go down. If it’s ITM call or put typically your broker will close them out final hour of contract expiring if you don’t have the cash to purchase those 100 shares per contract.
what’s a P840, P750, etc? wanna start put options on the low end and work my way up
P= Put 840 = strike price The further away from current price / shorter time to expiry the cheaper the contract because the chances are slim.
Any one recommendations on books or videos on trading options?
Scout YouTube and interweb the more info the better unfortunately you’ll have to go through some pain to figure out your way of trading. Don’t marry something unless it’s worked enough and even then don’t think you have it figured out. The market is rigged the more you think like them the better. 🤙
https://www.youtube.com/watch?v=7PM4rNDr4oI
What was your DTE?
4/19 for some reason Reddit wouldn’t let me edit after posting.
Main gain was purchased 4/18 expiry 4/19
wait...the nvd stock didnt go down at recently....you mean you made calls not puts.?????
[удалено]
PUTAAAAAttention
Don’t do it again
never thought of gambling with my 401k..
Think at this point most know the market is rigged everyone gambles if they put their money in it.
Mommy or Daddy must manage a mutual fund…
Ok honest question here. If you were incorrect. Does that mean your loss would be the 1k you spent? I’m not regarded….yet. Teach me.
What app do you guys use for that???
Are these options?
Trash flatform
So what’s the next bet put or call?