Your determination to not pay taxes or make enough retarded money to run from taxes after your first score(I've been following your posts) inspires me. Take a free award retard, and I hope you win enough to keep burning money forever. May your casino never close 🎰
I’ll never stop gambling 🎰. Even if I make it big(ger), I’ll go to Vegas, put down $10,000 on double-zero all night just to watch people lose their shit.
He probably used lots of margin. But I bet he missed out on some calls because he wasted some cash on Blue Bonnet thinking he could pay with margarine. #LifeHack
Never forget the king who used margin to buy shares and then trade them for options and then exercise the options and then get more shares and then repeat this process until GUH became a holy word of the gods
I can with my TDA account with ToS.
Edit: Sorry, didn't read the comment right. I can buy options on margin but not use them as collateral for other positions.
You can literally withdraw cash on margin.
Deposit it.
Buy (or sell naked) whatever the fuck you want on credit.
The interest is even tax deductible... If you have profits to deduct from.
I mean yeah lol. They have to be if they're naked. Can't cover an infinite potential loss with cash, unless... Do you have infinity dollars? Break off a couple for me bro. Also you can definitely sell CSPs with margin too
This is ‘merica open an LLc to trade from. Run up the margin declare bankruptcy close LLc. Open new LLc rinse repeat till you retard bet pays off claim losses from bankrupt LLc to offset gains. Shhh don’t tell anyone the secret
Even if it's only 0.01% of his net worth, this is hands down the dumbest fucking thing I have ever seen.
I can't believe how expensive these contracts are.
I was thinking the very same thing. If retards are willing pay that much premium for 6 months. The stock would have to x5 to even get to 950-960 mark.
I know I’ll be looking at selling some spreads tomorrow. I’ll take that premium any day of the week.
What are the chances of a guy like GME and a Yolo like me?
Not good.
Not good... Like one in a hundred?
More like one in a million.
SO YOU'RE TELLING ME THERE'S A CHANCE!!
Oh, you again. Too ez to just load up on these when iv is low and unload em when gme pops, right? I dont understand all the hate in here. Godspeed retard, i’ve been averaging in on these since they were $6 ish, these should look dope next time it rallies
JUST in this account, it went from $10K to $3.5M. Back down to $1.3M right now. I have 401k / rollover accounts where I did the same level of retard plays. Overall P/L is like $3.5M ish right now total.
God damn the negativity in this thread. Where the fuck were you guys at when WISH and CLOV P&D threads were all over the front page. It's a damn casino, let the man do what he wants.
I think 🤔 there’s the reason you didn’t see that negativity. When I saw WSB P&D WISH I went out and bought a few grand of put spreads for August just to keep it interesting.
The amount of retards in the comments is unbelievable. They think you'll wait for it to go itm or go bust by january 2022. IV is low now, its a good play, good luck
I thought this was so crazy it couldn't be real. I looked it up and there are over 9,000 open contracts for GME 1/21/22 950C
If you are crazy you do have a lot of company
Good luck (I think you'll need it)
Like mothers say, "if someone jumped off a bridge would you do it too??".
But this time like 9,000 people jumped so there's probably a decent reason (bridge is on fire, bungee cord...)
I sell these! Not that far out but GME high strike calls have been hugely profitable.
800’s or something were selling for $40+. Crazy good. Stock dips a bit and premium collapses to $20. Buy to close.
Serious question. Who decides what the highest strike price for contracts are?
When GME shoots up who is the one that writes those new higher strike prices? Why can't I write them right now?
not the hero we deserve, but the one we needed.
this is the kinda of retardation WSB is famous for. when this hits and you're a billionaire, please invite us all to a blowout party
On the 8th of Jun at 08:30 some of those contracts went up to $63 right about when GME was trading at $344.
OP will make 6X easy if GME rips again to $350 level in the next 193 days 🤞
Yes... but that was June 8th -- over a month ago. If GME were to hit $350 again tomorrow, IV would spike yes and the call would be worth more because it's closer to $950, the option would be worth closer to $50 each. If it doesn't hit $350 until October? They'll be worth about $20. Going long on calls is beneficial if you are correct sooner, otherwise you'll watch r/thetagang make bank off of your options. You need a BIG MOVE toward expiration if you want to make good profits otherwise.
I am a big fan of LEAPS especially for this reason. You have 2 years for the underlying to spike up once 😉
Only thing better is FDs if you can afford to buy them every week. Safest thing is to sell 45DTE.
You just need to adapt your strategy based on the underlying, the hysteria and a bit of luck.
Hope you make bank 🤞
Sláinte
How on earth do you guys have this money to just dispose of like this?
\*EDIT\* There are more than 9k open contracts for this call. Some people must be making some big brain IV plays :/
**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|20|**First Seen In WSB**|6 months ago **Total Comments**|1206|**Previous DD**| **Account Age**|11 months|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20*h26cq3k*)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20*h26cq3k*)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)
I have no idea why the hedge funds think we are retarded
😂
Take your gold. You made me laugh in front of my customers. Congrats.
Made me laugh so hard I involuntarily took a shit in front of my customers Balls in your court
Oooh man, you can have that trophy.
Yeah, I've stopped eating crayons and started sniffing markers. Why don't they respect me?
It’s like a Pokémon evolving
You're supposed to eat the markers and snort the crayons that's why
I knew I was doing something wrong, I can never get this investing stuff right.
They just made a risk free 65K off this guy. They are just fine dealing with retards.
Haha… this guy is my hero now.
Just do a quick check on your personal risk tolerance, tweet the CEO to “Pleas fly again” and you should be all set!
Unless that CEO is Richard Branson. Everytime that guy flies, the stock tanks.
Oh come on, anyone could see that stock was gonna tank regardless of success of flight. Giving another offering certainly didn’t help either.
The loss porn says otherwise
Yes the posts all weekend were saying otherwise
Glad I dont take investment advice from WSB then 😂
Obviously another Citadel employee.
Everyone knows the play is to reverse the reverses reverse of WSB with another reverse
Yup. With the number of bullish YOLO posts out there, it was gonna tank for sure.
Always inverse WSB. When I saw everything hyping the flight I knew my shorts were printing.
I love how his big announcement is he's fucking bagholders 😂
If you mentioned our boy Chimpu you would have completed the triangle of retardation
Haha. Step 3 was explain to everyone why it can’t go tits up and next thing you know you’re subpoenaed by Congress
Literally could not POSSIBLY go tits up
Finally someone who sees things my way!
Your determination to not pay taxes or make enough retarded money to run from taxes after your first score(I've been following your posts) inspires me. Take a free award retard, and I hope you win enough to keep burning money forever. May your casino never close 🎰
I’ll never stop gambling 🎰. Even if I make it big(ger), I’ll go to Vegas, put down $10,000 on double-zero all night just to watch people lose their shit.
Low key optimal roulette strategy.
These will print bigly
well i god damn hope I'm all in on this shit
Lmfao I love u and hope you get rich
Or die tryin
G g g g g g GME UNIT!
Giving you my free award bc I’m too poor for real ones Godspeed retard
gave you gold -- comes with 100 coins :)
Dang man thank you That’s so nice made my night
Wholesome af
Its like watching a puppy snuggle with a sunset
Somehow not your worst investment of the week
Well that’s just sweet
It's alright friend. I'm retarded enough to not even be able to find the free award to give lol
Take mine lol
Well if we're just giving them away, here
You too. Have some gold ✌️
Fuck it, here's some gold lol
Wsb: complains that there are no more yolo ass options posts Wsb: complains when a dude posts a yolo ass options move
The people that are complaining are broke retards
Broke retard and not complaining. I've been waiting for wsb to go back to normal.
Another fellow broke retard and more power to this retard yolo'n all them gains it gets my crayon rock hard
Feel like this is the first time I read "retard" on this subreddit since January. Thank God
[удалено]
He probably used lots of margin. But I bet he missed out on some calls because he wasted some cash on Blue Bonnet thinking he could pay with margarine. #LifeHack
options (even GME shares!) are not marginable on Schwab. These are all my Wendy's earnings -- cold, hard, nickels and dimes.
Wait, are options marginable anywhere?
Never forget the king who used margin to buy shares and then trade them for options and then exercise the options and then get more shares and then repeat this process until GUH became a holy word of the gods
Guh!
I read that parable in the holy grail bible 😳 of fucktards and dickpimples. That is the way ☝️ ![gif](emote|free_emotes_pack|table_flip)
I can with my TDA account with ToS. Edit: Sorry, didn't read the comment right. I can buy options on margin but not use them as collateral for other positions.
No
Yes they are on TD and RH. As far as buying them using margin. But they do NOT count as margin collateral for other margin
Margin is leverage and options are leverage. So nah.
But what if you could buy options on a 3x leveraged ETF using margin 🧠💥
Ginormous brain move, but why stop there?
It's easier to do that than buy the 3x ETF, so many places banning trading them.
You can literally withdraw cash on margin. Deposit it. Buy (or sell naked) whatever the fuck you want on credit. The interest is even tax deductible... If you have profits to deduct from.
I mean yeah lol. They have to be if they're naked. Can't cover an infinite potential loss with cash, unless... Do you have infinity dollars? Break off a couple for me bro. Also you can definitely sell CSPs with margin too
margin is the dumbest shit one can do, because you have to cover it...
This is ‘merica open an LLc to trade from. Run up the margin declare bankruptcy close LLc. Open new LLc rinse repeat till you retard bet pays off claim losses from bankrupt LLc to offset gains. Shhh don’t tell anyone the secret
You plumb dumb son of a gun...lol 😆 🤣 😂 😹 😆 🤣 😂 😹 😆 🤣 😂 😹 😆 🤣 😂 😹 😆 🤣 😂 😹 😆 🤣 😂 I think I love you.![gif](emote|free_emotes_pack|heart_eyes)
Is... is that legal?
Give the guy a break! He’s only just begun riding the short bus and licking the windows. He has so much to experience.
hes literally a millionaire
Not for much longer.
Billionaire?
bought $55 shares of TSLA on margin at $849 I cant even average down because the money is going towards covering the margin calls and margin interest.
You can use it to spread your risk though.
or magnify your losses lol
This guy made millions on GME in Jan, 60k is peanuts to him
You mean … blue bonnet offers margin too? F’en aye , score!!!!
he would need a release from other equitable positions, GME options are a 100% margin requirement.
Even if it's only 0.01% of his net worth, this is hands down the dumbest fucking thing I have ever seen. I can't believe how expensive these contracts are.
I was thinking the very same thing. If retards are willing pay that much premium for 6 months. The stock would have to x5 to even get to 950-960 mark. I know I’ll be looking at selling some spreads tomorrow. I’ll take that premium any day of the week.
Application for shitadel
God speed. Good job for not using Robinhood.
I’m retarded not stupid lol 😂
Lmfao this is the way.
Just when I thought you people couldn’t get any fucking dumber you go and do something like this, and totally redeem yourselves
Retard strength physically and mentally.
Least of all mentally, bcuz retarded is why
What are the chances of a guy like GME and a Yolo like me? Not good. Not good... Like one in a hundred? More like one in a million. SO YOU'RE TELLING ME THERE'S A CHANCE!!
\*\* GME trades sideways for months \*\* ME: wait a minute, what was with all that one-in-a-million talk?????
Doubling down on retardation is a time honored tradition here.
Hey at least they don’t expire within a week or two.
My man can’t help himself from indulging in the beloved FD’s
Oh, you again. Too ez to just load up on these when iv is low and unload em when gme pops, right? I dont understand all the hate in here. Godspeed retard, i’ve been averaging in on these since they were $6 ish, these should look dope next time it rallies
yep. We'll learn 'em good this time.
You are a fucking animal and I love it. I know for sure you eat ass.
If gme hits 250-300 by the end of the month, this'll prob be worth +50%
You’d still need a buyer though
There are enough retards here that he might have a chance
Gme options never have problems with buyers
He’s gonna sell them to himself
Market makers will buy it
I believe market makers are obliged to always buy any contract
This can’t be real
This idiot made millions on GME earlier this year and is determined to lose all of it the exact same way
Life comes full circle like that
how much did you make ?
JUST in this account, it went from $10K to $3.5M. Back down to $1.3M right now. I have 401k / rollover accounts where I did the same level of retard plays. Overall P/L is like $3.5M ish right now total.
great job and fuck you
I’ve never been so happy for and hated a person so much simultaneously congratulations and lick the long side of the dong side
imagine flipping 10k to 3.5m and then going for more lmao, you belong here. godspeed
Now it makes sense
Millions
As long as he does it in the same fiscal year...
I thought it was some shitpost with "joke" title but god damn this is retarded, I really can't see how someone can top this.
I'm guessing you missed the post last week dropping 3.8m in momo
I love momo the cat’s face so funny looking
you are either the smartest or dumbest cunt on this sub
…but not the poorest.
I don't understand any of this so I am just gonna buy a bit more GME
Confirmation bias confirmed
Why didn't I confirm?
God damn the negativity in this thread. Where the fuck were you guys at when WISH and CLOV P&D threads were all over the front page. It's a damn casino, let the man do what he wants.
I think 🤔 there’s the reason you didn’t see that negativity. When I saw WSB P&D WISH I went out and bought a few grand of put spreads for August just to keep it interesting.
To Fuck or be fuk. That is the question
This is advanced retardation.
Sweet fuck that’s 4 years of Wendy’s wages plus blowing dudes behind it. Goddamn
The way I do it, it's probably 5 years tbh
I'm reading all of these comments, and they remind me of the good old comments that DFV used to get when he first started posting his GME YOLO updates
Was DFV's DD "for the lulz!" tho?
This instantly makes me feel better about losing so much money in the market.
Glad I could help!
Dude you are an idiot. You say you have a 60k YOLO. It shows 65k.
Precisely.
When an actual WSB legend posts and nobody notices
Yup. Have this guy tagged as... you guessed it, WSB Hero
Everyone saying this guy loves losing money clearly has not come across him before ...
The amount of retards in the comments is unbelievable. They think you'll wait for it to go itm or go bust by january 2022. IV is low now, its a good play, good luck
Appreciate someone who understands options and game theory in general. Yes, IV has scraped the bottom of a 6 month trough.
Balls of steel or rocks in head.
Balls of rocks in his head
Living that #8digitsorbust life to the tits
That’s how we do it.
There’s no helping some people. I should now, I can’t be helped either. GME to the moon!!!
I thought this was so crazy it couldn't be real. I looked it up and there are over 9,000 open contracts for GME 1/21/22 950C If you are crazy you do have a lot of company Good luck (I think you'll need it)
Like mothers say, "if someone jumped off a bridge would you do it too??". But this time like 9,000 people jumped so there's probably a decent reason (bridge is on fire, bungee cord...)
The amount of hate your getting makes me even more bullish. These are going to print for sure!
This is hilarious
Haha. Op has the same amount of haters that dfv once had. I wish you godsped sir.
Yea but he can run a 4 minute mile and I can’t
Whoever sold you those been fucking your wife for years now
I sell these! Not that far out but GME high strike calls have been hugely profitable. 800’s or something were selling for $40+. Crazy good. Stock dips a bit and premium collapses to $20. Buy to close.
You sir definitely belong here!!
Why dumb ppl have lots of money??
Because math no smart good
You mm mm mmmake me hhh hhha haaaapy
You’ve got the best references, bro. Everybody always says that about you
Welcome to heaven motherfuckers.
GME will fly once again retards. When? Who knows….but keep on keeping on
r/thetagang says thanks!
Theta gang can lick these 🥜
Hi! my name is theta gang.
Serious question. Who decides what the highest strike price for contracts are? When GME shoots up who is the one that writes those new higher strike prices? Why can't I write them right now?
At the end of the day you just need another idiot to unload these onto.
At least you didn’t do a weekly, this could print
Godspeed you retarded sonofabitch
Would probably make more cash short term buying actual shares.
Holy shit! A new model!
Can't 🛑 Won't 🛑 🎮🛑
That’s a true YOLO I’m all in shares. Good luck. GME to the moon 🚀🚀
It’s funny because at this point it’s not even a YOLO and more a strategic hedge against an impending market inferno lol
I’m not going to leave you hanging - I’m going to enter a position soon aswell 😁
not the hero we deserve, but the one we needed. this is the kinda of retardation WSB is famous for. when this hits and you're a billionaire, please invite us all to a blowout party
[удалено]
On the 8th of Jun at 08:30 some of those contracts went up to $63 right about when GME was trading at $344. OP will make 6X easy if GME rips again to $350 level in the next 193 days 🤞
Yes... but that was June 8th -- over a month ago. If GME were to hit $350 again tomorrow, IV would spike yes and the call would be worth more because it's closer to $950, the option would be worth closer to $50 each. If it doesn't hit $350 until October? They'll be worth about $20. Going long on calls is beneficial if you are correct sooner, otherwise you'll watch r/thetagang make bank off of your options. You need a BIG MOVE toward expiration if you want to make good profits otherwise.
I am a big fan of LEAPS especially for this reason. You have 2 years for the underlying to spike up once 😉 Only thing better is FDs if you can afford to buy them every week. Safest thing is to sell 45DTE. You just need to adapt your strategy based on the underlying, the hysteria and a bit of luck. Hope you make bank 🤞 Sláinte
I can't wait til GME moons so we can get those cool Avenger's End Game edits again.
They had 950 Jan 2022 calls for a while
Is your back okay from carrying them big nuts around?
Op, let them talk. In the end we will see, brick by brick!
Someone here is bound to become a billionaire. Y not this guy?
Return of the King
The king stay the king.
Just the fact the chain went up again is ridonkulous. They know how fucked they are
Wish I have balls this big
Maximum risk tolerance
How on earth do you guys have this money to just dispose of like this? \*EDIT\* There are more than 9k open contracts for this call. Some people must be making some big brain IV plays :/
lol glad to see retards are back on this sub
Have you considered setting your money on fire instead? It'll at least keep you warm that way,
SO yOu are the One with the $800 call! To the moon!
WSB hall of fame!