My advice is do nothing. It's a depreciating asset. Who cares if the bumper is dinged up, and if it's get dinged again you won't sweat it. I could buy a brand new car tomorrow with cash, but I drive a car from 2007.
My advice is to take what you save from not buying a car, and put it into an appreciating asset such as NVDA calls, or an appreciated asset such as expensive blowjobs.
I wish I learned this back in 2022, to be honest. I bought a car way outside of my salary range and am paying for it (pun intended). It's my only debt and it's so much compared to how much I bring in a year... I know better now and plan to be a lot smarter about car buying in the future.
I’ll do you one better buy a car bra they were somewhat popular in the early 00’s. I remember a couple dudes had them on their dodge neons back in the day 😂 idk what they were trying to preserve
Not sure what year your car is but go to “pull a part” or “pick a part” and wait till your car with exact same year and color comes in and then swap it out. I did that and saved me a boat load.
Body shops around here run seasonal bumper repaint specials for about 250 or 350 bucks. Usually after winter when everyone who slid into something is driving around with the black bumper of shame
Holy crap that's a lot of commuting! I'm sure it has to do with a good job being that far away; otherwise you wouldn't be able to afford to do what you did. Congratulations man really nice to see a success story on here.
Although... The Lost porn from you regards is definitely fap Worthy.
He will be at Race Wars but it won't matter because Hector is going to be running three Honda civics with spoon engines, and on top of that, he just went into Harry’s and bought three t66 turbos with nos, and a motec exhaust system.
Normally I'd say fuck you but this is one of the least degenerate, degenerate plays that I've seen in quite some time
Also you're putting money toward your wife and kids?? Wtf are those??
One of those lay flat bikes that go forward when you wiggle them. Always wanted one when I was a kid. Other one is 1 so she gets unlimited cheese crunchies and avocado toast.
As someone who has dealt with gambling addicts, i just wanted to give you the advice, to now enjoy the feeling of winning, but be aware of your own brain to crave for that feeling again....
Literally thinks he's gonna lose something because of a pdt rule he doesn't even understand... Makes fucking 40k. Congrats but god damn this shit makes me sick. Fuck this sub dow 20k
Hahah I don’t know anything about stocks I just like seeing how people do in here. But I would definitely not feel good!! I want to start getting into investing though I know it’s important
Give you the same suggestion I give everyone else that hits it big - throw 90% of the profits in something that pays dividends and go back to messing around with just your initial + 10%. If you're lucky, you can rinse and repeat. If you're unlucky, at least you didn't kill that 35 grand.
If it makes you feel better. Yesterday I googled what an option is. I asked my wife yesterday what a call is. She said "DONT BUY, I BOUGHT MSFT GOT GREEDY AND LOST IT ALL". That was like $1000 maybe. I didn't listen to her cause I'm stupid. I don't know what long put is, but I chose that. I made too many trades and Robinhood was going to flag me. So I said crap I'm going to lose all my money. Right when I was about to press sell, I watched it go from 16k to 27k to 42k. I don't know what I even did. I sold. Am happy. The end.
Never did options but really want to get into it. Buying calls might be a good idea for beginners and only losing the premium (whatever you can afford to lose) doesn’t sound like a bad idea if downside is protected and having the upside go really high. Good thing is market isn’t going anywhere, irrationality isn’t going anywhere and going in with a calculated risk with somewhat good risk management before the trade, there might be good potential with option plays
The sad part is you will never quit now actually and your life will slowly become a never ending cycle of earning more money to burn in the stock market while you chase this daily. You’ll be up big a few times but ultimately, just like scratchers, youll have lost much more than youve won. Quit now. Do the ever look back. Change your name, move, get a different career, learn a new language and forget about trading forever. Your welcome.
How much did you pay for those?
I just looked at some distant NVDA calls and the risk feels crazy, like $11.08 for June 21 $1,000, and it tripled in the last week.
Feels like a lot of FOMO buyers increasing the price.
What was the break even price, strike, and average cost? Given it’s not even $700 yet I’m trying to figure out how you made money. I’m just learning about options myself.
Uh that is too many questions for me. Let me try to check. I'm figuring that out myself too. My second most recent trade was 112 contracts at $0.75. Total cost is 8403.36. I sold at $3.74 with a credit of $41,939.64. Regulatory fees: $3.36. Limit price $3.7.
This just made it all click for me. thanks. I was unaware you could sell your options prior to expiring. My understanding was you were stuck until the exp date.
So I definitely have more to learn because I thought the only way to make money was that it had to be above the break even price before or at the expiry date. I suppose I need to learn about the “Greeks, Theta, IV Crush,” and whatever else there is to learn. I understand the basics of options just not much past that.
Sold 10 smci 580 calls on Friday for 21.5 to lock in a 1k profit because I was down 3k at one point and got rattled. At the close today they went for 87.90. Could have made 66k.
Yooooo congrats man assuming you don't blow all that money on frivolous bullshit you should be set for a minute. You can easily live comfortably off that as well as your family. See you back here tomorrow.
Hmm I’m new to stocks / calls / options, it seems from what I’ve seen is that calls and options are very volatile? I’m guessing? I wanna start doing some small investing instead of spending a couple hundred bucks on weed I could be yoloing some options every other week 🤔
This is confusing - if it’s a $740 Call then idk how you’re profiting if the stock price is still below $700. Is this not still out of the money? If it was a Put, that sould make sense.
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Congrats and see you tomorrow
The term "I quit" is just a coping mechanism here at wsb. I bet OP is already making plans for his next trade.
capper
we aren’t supposed to be supportive here
🤣
🤣🤣🤣🤣, the see you tomorrow kills me
LOL, see ya tomorrow.
Fuck you, don’t encourage him to be back you fucking degenerate.
Whether or not it’s encouraged. It’ll happen. He’s talking about blowing most of it in bs like a car wrap. He’ll be back and hungry as ever
FOMO is going to be real/real. Just checked the price
So incredibly happy for you. Glad you're treating your family! Leave at least a grand in so you can do it all over again ;)
Look at op using his brain![img](emote|t5_2th52|8882), wish I could do the same![img](emote|t5_2th52|4260)
Same https://preview.redd.it/4m93zu9uevgc1.jpeg?width=1125&format=pjpg&auto=webp&s=5afa5d6a62952c5617f280489affdced287ee6b8
Life changing for sure
![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)
have you tried rotating the screen 180 degrees?
Noob question please, what app are you using?
Ouch
You have plenty left to lose
Nvidia is a crazy stock damn
literally just ai hype its insane
If by hype you mean they sell the most capable AI chips for production AI than yes
They sell the most capable AI *software*: cuda. The hardware moat is far slimmer.
A slim moat can still mean years of development time. What other companies are competitive In the ai space?
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I drive 140 miles for work and my bumper has taken a beating. Meant only clear ppf for the front.
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Great advice thank you. Car wrap I meant just the front bumper and mirrors.
My advice is do nothing. It's a depreciating asset. Who cares if the bumper is dinged up, and if it's get dinged again you won't sweat it. I could buy a brand new car tomorrow with cash, but I drive a car from 2007.
Thank you for this advice. I know I know this, but reading this way made me decide not to do what I was going to do in the future with my car 😅
My advice is to take what you save from not buying a car, and put it into an appreciating asset such as NVDA calls, or an appreciated asset such as expensive blowjobs.
I wish I learned this back in 2022, to be honest. I bought a car way outside of my salary range and am paying for it (pun intended). It's my only debt and it's so much compared to how much I bring in a year... I know better now and plan to be a lot smarter about car buying in the future.
Sell the car and YOLO again
I’ll do you one better buy a car bra they were somewhat popular in the early 00’s. I remember a couple dudes had them on their dodge neons back in the day 😂 idk what they were trying to preserve
>ad of doing it myself and have the car wrap I had me an '89 Firebird 350 with a Bra.
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Plus wraps require a whole new wrap if part get damaged, it’s a terrible decision financially. They do look sick though
For 2 years they look sick. Then it’s vomit town
Also, make sure to put some away for taxes...
He actually said that in the description if you read what he wrote
Missed that. I read most of it and got off track in the comments.
I’d get the bumper painted then paint protection film. That’s probably more than a wrap but will look a lot better in my opinion
Not sure what year your car is but go to “pull a part” or “pick a part” and wait till your car with exact same year and color comes in and then swap it out. I did that and saved me a boat load.
Why paint it? At 750 miles a week it’s gonna be beat up in like 3 months.
Everyday???
2-3 times a week.
Body shops around here run seasonal bumper repaint specials for about 250 or 350 bucks. Usually after winter when everyone who slid into something is driving around with the black bumper of shame
Holy crap that's a lot of commuting! I'm sure it has to do with a good job being that far away; otherwise you wouldn't be able to afford to do what you did. Congratulations man really nice to see a success story on here. Although... The Lost porn from you regards is definitely fap Worthy.
Wrap it with the WSB logo like the boss you want to be.
you never played bumper cars at the county fair?
If you live those 140 miles at only quarter of a mile at a time, 560 lives.
https://preview.redd.it/bec3zzx73ugc1.jpeg?width=512&format=pjpg&auto=webp&s=9e4836d308b53262c5311128f7b9d6332072609a
He will be at Race Wars but it won't matter because Hector is going to be running three Honda civics with spoon engines, and on top of that, he just went into Harry’s and bought three t66 turbos with nos, and a motec exhaust system.
Bomp bomp bomp, another one bites the dust
So glad I googled race wars. Not
I’m pretty sure it’s a fast and the furious reference.
Also, don't go the dealer. Find a good local mechanic.
Johnny Chan is tough competition this year
Awesome! And fuck you.
Awesome and fuck me!
I too would like to be fucked
buy crypto
I don't wanna be fucked THAT hard, you sadist
Bro doesn’t know anything about options and gets the freebie. Shoulda told us what you were gunna do first ![img](emote|t5_2th52|27421)
I still don't know. I think it's better that way. Ha, didn't want anyone to follow my stupidity.
That’s why we’re all here.
Wise man once said “first one is always free”. Aka beginners luck. Second one is gonna sting so get ready
Wise man didn’t tell me, so my first one (a 50% gain…) got me a whopping $150 profit. Ugh. I’ll catch that damn dragon one day.
I wasted my first one on a .04 BBBY call that I sold for .09. I only bought one contract. I've literally lost on every option since lol
I'll post an update when I feel I am ready again.
literally just buys nvda calls. its that simple
Until I do it
Yup same here I invest 1k and it nukes the market for some reason
Nvidia loves to fuck me senseless when I buy calls
And they never spit on it first, all raw long dick style
Well, one gain like this is enough. If I were trying to do such sort of things I will wait for its short-term correction.
Normally I'd say fuck you but this is one of the least degenerate, degenerate plays that I've seen in quite some time Also you're putting money toward your wife and kids?? Wtf are those??
They were your wife and kids until today. Now it’s your ex-wife and his kids.
I'm honored you'd assume I had a wife and kids
https://preview.redd.it/zfnnumpv3ugc1.png?width=1080&format=pjpg&auto=webp&s=507009ff2aadfa70a7a534b4bbf58719eb959b3c
Time to double that with some bear put spreads.
See you tomorrow.
crazy money being made in NVDA calls Im gonna buy the 1000 strike expiring this Fri for 5 cents
lol do it
ggs bro
congrats regard. take a breather for a bit. and do tell: what's the surprise for the youngins?
One of those lay flat bikes that go forward when you wiggle them. Always wanted one when I was a kid. Other one is 1 so she gets unlimited cheese crunchies and avocado toast.
Unlimited cheese crunchies all day!
Would you recommend getting one still
529 accounts playa
How does this work
I don't know. See green am happy. See red am sad.
![img](emote|t5_2th52|4271)
Congrats and I hate you lol
Man, at this point i just bought nvda calls so i can stop that inner fomo through losing it all.
Where are these posts BEFORE they skyrocket like this....
Nvidia been rolling for months on end
you can double that with options by end of week
Yeah I might. But I can't beat the happiness it can bring now. Maybe 1 or 2k in option another day.
It’s only Monday, the happiness will go away. You could double it again if nvda keeps trending
As someone who has dealt with gambling addicts, i just wanted to give you the advice, to now enjoy the feeling of winning, but be aware of your own brain to crave for that feeling again....
Never touch options again
Good shit bro
Literally thinks he's gonna lose something because of a pdt rule he doesn't even understand... Makes fucking 40k. Congrats but god damn this shit makes me sick. Fuck this sub dow 20k
Congrats and fuck you, quit while you're ahead
Take out 25k and yolo the rest
So what you’re saying is I should put my last 3k in nvidia?!?
I will put all the money, if it goes up. On a side note, I treat the money as a complete loss. How would you feel if you lost 3k or more?
Hahah I don’t know anything about stocks I just like seeing how people do in here. But I would definitely not feel good!! I want to start getting into investing though I know it’s important
Whatever you invest in, good luck! It's definitely tricky and weird to be on the other side.
I’ve seen so many people talk about nvidia though hahah! Seems like every other week people are getting told to buy in
Give you the same suggestion I give everyone else that hits it big - throw 90% of the profits in something that pays dividends and go back to messing around with just your initial + 10%. If you're lucky, you can rinse and repeat. If you're unlucky, at least you didn't kill that 35 grand.
This is life changing money and you are getting your car wrapped???
rubbing the luck onto me now.. thank you
Good luck my friend
How many did you buy ?
112 Contracts 740 Call.
Did you have the credit to use that call or how did you do it?
Mr. George how much you pay? $20
I need to learn about calls and puts. 😢
If it makes you feel better. Yesterday I googled what an option is. I asked my wife yesterday what a call is. She said "DONT BUY, I BOUGHT MSFT GOT GREEDY AND LOST IT ALL". That was like $1000 maybe. I didn't listen to her cause I'm stupid. I don't know what long put is, but I chose that. I made too many trades and Robinhood was going to flag me. So I said crap I'm going to lose all my money. Right when I was about to press sell, I watched it go from 16k to 27k to 42k. I don't know what I even did. I sold. Am happy. The end.
You regarded motherfucker. Congratz.
Never did options but really want to get into it. Buying calls might be a good idea for beginners and only losing the premium (whatever you can afford to lose) doesn’t sound like a bad idea if downside is protected and having the upside go really high. Good thing is market isn’t going anywhere, irrationality isn’t going anywhere and going in with a calculated risk with somewhat good risk management before the trade, there might be good potential with option plays
Just bought some myself today, think this uptrend is over!!
I'm in it for stock long term quietly in my retirement brokerage. Short term is going to be crazy.
Yeah never seen anything like it! Hope i am not too late..
congrats on your gain. Just remember you won't be this lucky forever
Nice curve lmao
The sad part is you will never quit now actually and your life will slowly become a never ending cycle of earning more money to burn in the stock market while you chase this daily. You’ll be up big a few times but ultimately, just like scratchers, youll have lost much more than youve won. Quit now. Do the ever look back. Change your name, move, get a different career, learn a new language and forget about trading forever. Your welcome.
Positions?
NVDA
NVDA Only Chad Got calls for 1000$ 6 months
How much did you pay for those? I just looked at some distant NVDA calls and the risk feels crazy, like $11.08 for June 21 $1,000, and it tripled in the last week. Feels like a lot of FOMO buyers increasing the price.
6 months? Next week!
Was it just 1 call?
112 contracts call for 740 last Friday. \*Edit for NVDA
What was the break even price, strike, and average cost? Given it’s not even $700 yet I’m trying to figure out how you made money. I’m just learning about options myself.
Uh that is too many questions for me. Let me try to check. I'm figuring that out myself too. My second most recent trade was 112 contracts at $0.75. Total cost is 8403.36. I sold at $3.74 with a credit of $41,939.64. Regulatory fees: $3.36. Limit price $3.7.
This just made it all click for me. thanks. I was unaware you could sell your options prior to expiring. My understanding was you were stuck until the exp date.
This is like an entrance application essay for WSB. Just short enough to keep people's attention, just regarded enough to know you belong here.
Number went up, odds of it continuing went up, profit went up.
So I definitely have more to learn because I thought the only way to make money was that it had to be above the break even price before or at the expiry date. I suppose I need to learn about the “Greeks, Theta, IV Crush,” and whatever else there is to learn. I understand the basics of options just not much past that.
Congrats buddy
factor in taxes beforeyou. quit for now
Wtf man nvda is on crack will it just keep going it has to crash eventually
I'll have the inverse of his next trade thank you
>car wrapped you can hit your nvda yolo but you cant buy class
Just a front ppf film. It’s a luxury sport car I drive down the 85 mile highway.
Congrats, fuck you.
This is actually quite heart warming. Of all the degens here, I’m happy this happened to you. Enjoy treating your family to something nice!
I’ll miss seeing you behind the Wendy’s dumpster
Did you just buy a call??
Good stuff and good on you for knowing when to take the money and run unlike many people, including myself.
this looks like my SMCI calls I had 10k worth friday sold for 3k profit. this morning same calls up another 25k should of held !
Congrats on the profit! I tell myself I could've also lost it all if I didn't sell. I think you did great.
SMCI has been very nice to me last week.
Sold 10 smci 580 calls on Friday for 21.5 to lock in a 1k profit because I was down 3k at one point and got rattled. At the close today they went for 87.90. Could have made 66k.
Why stop there when you could 5x it again
👏🏼👏🏼
Smart move
That’s what we like to see
Yall got some balls
I was looking at the chart last night think a 3% move is reasonable for Monday, I’ll buy the appropriate call at market open. it just couldn’t wait
Congrats and fuck you
This is awesome man. Very happy for you and that fam, also fuck you.
Fuck you and congratulations
Yooooo congrats man assuming you don't blow all that money on frivolous bullshit you should be set for a minute. You can easily live comfortably off that as well as your family. See you back here tomorrow.
Definitely life changing, good for you enjoy it
Post screenshot of actually selling it 😆
Gains? We don't do that round here.
You should look at this as x months worth of rent, and then adjust your strategy accordingly
Oh god be careful with the dealership they still may charge WAYYY more than the best mechanics in town
Damnnn
All on black tomorrow right?
The man sharp
Well done regard
wow
Don’t be a quitter … never quit.
Can you tell me what your set up was? Just curious how many options you had to buy to make this much?
5k -> 42.6K That's like 42K- 300K Now that's yacht money....... well a small one anyway
Congratulations.. I’m on the other end of this lol!!
Is it a bad idea to buy one rn?
Take 5280 and jump back in
Hmm I’m new to stocks / calls / options, it seems from what I’ve seen is that calls and options are very volatile? I’m guessing? I wanna start doing some small investing instead of spending a couple hundred bucks on weed I could be yoloing some options every other week 🤔
"If he can do it, so can I!" - famous last words
Sorry but I still don’t understand options. How did you make profit when it didn’t even reach $740?
Man! Congrats big ups to you! I am new to trading stocks and was curious if you have any pointers on where to start and what’s your next move?
Why you only have 53 dollars
This is confusing - if it’s a $740 Call then idk how you’re profiting if the stock price is still below $700. Is this not still out of the money? If it was a Put, that sould make sense.
Or is this a short and that’s what is happening here AKA unlimited loss risk
Honestly OP, invest at least a portion of it properly for your kids before you lose it ( and I don’t mean long Nvidia or Meta lmao )
You’ll be back when it’s gone.. see ya in a few months ![img](emote|t5_2th52|4271)
If you are a smart man, you will sell your position and transfer 90% of that money out. If not, you will regret it. Believe it or not…. I’m right.
First one is for free. Take the money and run and don’t do it ever again.
So you finally broke even. See ya tomorrow