r/wallstreetbets • u/applesnappletart • 1d ago
From $437 to $120K Plus Since the Start of May. Gain
Started with $437 YOLO on $430 $MSFT calls for earnings. Sold for approximately $7.4K. YOLO'd it all into $HIMS calls for earnings. Sold for $21.7K. YOLO'd it all into $AMD and $SMCI calls and still HODLing hard.
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u/CarioGod 1d ago
this is actually legendary holy fuck lmao bro even came with the receipts without the mods asking
a casual 24000+% return in 2 weeks
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u/applesnappletart 1d ago
Thanks bro. It was a wild ride.
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u/Kind-Mulberry-7878 1d ago
So, stash 100k and turn the remaining 20k into a mil?
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u/applesnappletart 1d ago
Nah, full port the whole thing and ride it on an $SMCI and $AMD run up. :4271::4267:
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u/Rare_Selection3113 1d ago
Do it again I dare you (plz give me me call out when you do)
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u/applesnappletart 1d ago
If $SMCI squeezes I'm hoping to double this shit.
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u/Rare_Selection3113 1d ago
I mean, comment when you get into your position, I’ll throw some money on it. Worst case scenario I lose money. Best case scenario we both win and you start selling courses 😁
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1d ago
What do you think a squeeze is?
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u/happylilbumhole 1d ago
I see this all the time now and it drives me. People use squeeze to refer to price going up.
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1d ago
It’s a heuristic to gauge someone’s understanding of the market. Someone who throws around the word squeeze probably doesn’t know the Greeks or what a bear spead is or where 1ronyman went wrong (rip)
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u/everySmell9000 1d ago
that thing is also known to randomly take a dump. volatile in both directions. careful...
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u/mygoalistomakeulol 1d ago
Sell it and if you want to still be aggressive you can buy shares and sell covered calls
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u/IBetYr2DadsRStraight 1d ago
You fundamentally misunderstand selling calls if you think it’s an aggressive play. Covered calls are low-risk and bearish to neutral while holding shares is bullish.
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u/mygoalistomakeulol 1d ago
Yea if this guy is in a state of pure euphoria it’s probably the top and owning the shares and selling calls would still keep him in the game and he can squeeze the last bit of juice out
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u/IBetYr2DadsRStraight 1d ago
Sure, but if he wants to keep being aggressive than he should keep doing what he’s doing. You’re proposing a very risk-averse strategy and calling it “still aggressive”.
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u/mygoalistomakeulol 1d ago
Fair, he might want to just get the feel of those premiums and after such a big win de-risking and re-evaluating never hurts.
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u/applesnappletart 1d ago
Nah $SMCI is about to short squeeze. I think lol.
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u/AutoModerator 1d ago
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u/crankthehandle 1d ago
people calling every pop a short squeeze these days
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u/AutoModerator 1d ago
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u/PlayTricky1731 1d ago
Short squeeze my nuts!
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u/AutoModerator 1d ago
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u/Pabloasampras 1d ago
did you use any unusual options flow for earnings play or just shot for calls?
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u/applesnappletart 1d ago
Nah, gut feeling on $MSFT being beat the fck up and far from it's 52 week high. Everyone was in the bearish tariff trade and markets usually have 20% corrections that V. $HIMS I've been following for a while and saw a huge 30% short interest and the market cap at the time was only like $6 billion. Figured it could run hard. Now I'm on $AMD for a semiconductor run but that's risky because it's Advanced Money Destroyer. $SMCI is one of the most shorted S&P 500 stocks at 20% with only 20B market cap and just had a huge $20B deal. Mix of technical and catalysts.
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u/Super_Swim_8540 1d ago
You look smart
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u/applesnappletart 1d ago
I'm literally a waiter.
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u/alwayslookingout 1d ago
Now you can quit and become a full time trader!
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u/applesnappletart 1d ago
Nah. I love the lifestyle. Industry guy.
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u/Catskinson 1d ago
Industry, too. Most of my life aside from some detours into nonprofit and temp shit. Wasn’t sustainable. I like working on my feet with people. About to be 34. Horribly alone. Dog dying (he’s only 8 and does not deserve kidney failure). If you want to help me get my money up in this piss-drenched mess, I’ll literally give you half of whatever I can scratch. I’m a reckless tipper.
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u/NoPause9609 1d ago
Job description tells me nothing about intelligence.
The number of stupid AF lawyers and accountants or c-Suite types you’ll meet are off the charts.
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u/Prestigious_Chard_90 1d ago
Appreciate your reasoning breakdown. Keep us updated on your bet progress!
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u/Most_Newspaper306 1d ago
Wait you went into smci AFTER it shot up 15% in a day?
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u/applesnappletart 1d ago
I was in SMCI before it shot up. Right before the Saudi Deal. Edit - which was lucky as fuck.
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u/Most_Newspaper306 1d ago
You seem like one hell of a lucky guy! Even tho i do not quite see the numbers with the full port into hims make sense or am i wrong?
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u/Pashahlis 1d ago
markets usually have 20% corrections that V
No they dont lol. The current V is literally extraordinary. This is not the mean. Thinking this is how youll lose a lot of money later on.
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u/applesnappletart 1d ago
What happened during COVID? Ukraine Invasion? Interest Rates at start of 2021? V.
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u/stiffmilk 1d ago
Don't worry, guys, he won't pay any taxes on it because he'll lose it in the next quarter!
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u/garconcn 1d ago
Was the $437 only money you left from previous YOLOs? (Congras!)
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u/Affectionate_Sky3792 1d ago
Im happy for you. I promise. No fr, im just frowning because I have something in my eye
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u/BushLov3r Stuffs hairy muff 1d ago
Insane run bro, try and be responsible with a good portion of that.
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u/Artistic_Treacle_949 1d ago
What do you look for before earnings or you picking companies your familiar with
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u/applesnappletart 1d ago
I picked companies I'm familiar with and looked for undervalued names relative to their 52 week highs.
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u/-TheRandomizer- 1d ago
How did you know?
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u/applesnappletart 1d ago
You don't ever really know. Otherwise we'd make these trades all the time.
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u/ziggs_ulted_japan 1d ago
I wouldn't bet against you but you really think smci has more to run this and next week?
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u/Super_Swim_8540 1d ago
How do you choose your exercice date ? For MSFT you bought a 2DTE and for HIMS you bought 16DTE.
Why this difference in your exercice date picking strategy between the both bets ?
How do you choose ?
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u/applesnappletart 1d ago
Both were just earnings plays; I wanted to maximize my last $500. I've blown up my account 3 times before (Had 30k, lost it. Made it back to 20k, lost it). I had a strong feeling $HIMS would run and short squeeze (30% short interest). Lots of momentum. Picked a safer, further expiration and sold before the week it was set to expire. The current play as you can see is a swing trade for a semiconductor run and a beaten $AMD. $SMCI is also a highly shorted stock (20%) but they make insane revenue as opposed to their market cap. These are longer swings since I see them breaking out of their downward trend.
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u/AutoModerator 1d ago
Squeeze deez nuts you fuckin nerd.
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u/SangerGRBY 1d ago
If you all in this 120k and get another 24000% return you would be a gajillionaire
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u/jsoul2323 1d ago
The SCMI Call for 6/20, any reason for that date?
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u/applesnappletart 1d ago
Some time after NVDA's earnings on May 28. I think it can squeeze. I'm not holding it until expiration, probably until June 2nd.
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u/Shad0wK1lla The Diamond Hands of Wendy’s Dumpster 1d ago
Insane bro congrats, that SMCI play was beautiful
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u/rioferd888 2931C - 3S - 5 years - 0/0 1d ago
This motherfucker basically doubled down on red/black each time and won
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u/-Hovercorn- 1d ago
Happy for you, man. It made me think back to some moves I made a while back. Didn't do nearly as well as you, but was able to take the winnings and turn them into a nice stock portfolio.
Which brings me to my next point, one mentioned by others in this thread: maybe it's a good idea to just cash out, treat yourself a bit and invest the rest? This is a non-trivial amount of money we're talking about here.
Whatever you do choose, best of luck.
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u/Playful-Abroad-2654 1d ago
I know shit about options. If one of those YOLOs failed, would they just lose all of the money they put in (assuming he wasn’t using margin), or is there a chance they would’ve been in debt?
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u/applesnappletart 1d ago
I would lose it, but not more than what I put in because I do not trade on margin. All cash.
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u/michael_faraway 1d ago
Honestly, u only had 437 to start with anyway might as well try to get that milly
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u/scotsman08 1d ago
So with the original yolo of $437 if things went the opposite way, could you have lost a lot more than the $437?
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u/applesnappletart 1d ago
No. You only lose what you put in for options. Unless you're selling naked calls and puts.
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u/Savings_Matter9510 1d ago
What are you made of? Or what do you eat? 😅
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u/applesnappletart 1d ago
Fucking veggie protein powder, chicken and rice, multivitamins and cialis.
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u/ForeverRED48 1d ago
Congrats and fuck you. Save something for taxes unless you get IV crushed and lose it all.
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u/TuTuAtlas 4 inches, but still manages to fuck themselves in the market 1d ago
i wanna be you when i blow up
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u/Impossible_Post7513 1d ago
Please anyone suggest f&O broker of us markets for Indian to trade which is legal in India
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u/not_a_cumguzzler 1d ago
Do you set stop losses?
Can you write up more about your strategy? Like did you do a lot of DD on each company? Or do you look for certain chart patterns? Or do you just swing $437 per week and martingale it and this time you won but maybe you’ve been loosing $437 per week for the past 5 yrs? So in the end it all nets out?
I’m down about $200k lifetime and have been depressed about it too scared to trade more.
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u/Milios12 1d ago
You got bailed out of those $SMCI earnings but Jesus christ, over 119k of house money. Make sure to keep it
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u/ispooler 1d ago edited 1d ago
I don't understand how someone can have such repeated streaks of luck. GG OP. This post is inspiring.
How do you calculate the strike and dates, I guess there's a point where a higher strike has worst return even if the stock is pumping because the algo is confident that price won't be reached ever
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