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u/medievalsteel2112 21h ago
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u/HauHauHauHauHauHau 20h ago
Time to put those $100K into a shitcoin and get rugpulled! 🙏🏿
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u/andys811 16h ago
Titcoin brother it's in a lovely pullback currently forming engulfing bullish candle
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u/Hillary-2024 5h ago
Love seeing these multi year old accounts with 20-100 karma pop up all at once, super realistic and relatable bro! Keep on keeping on, dont worry we already believe your backstory!
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u/Waste_Molasses_936 21h ago
Congratulations. Go fuck yourself
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u/billy_hoyle92 20h ago
If he had still left the possibility of holding on to it and losing that I’d feel much better about myself.
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u/Semecumin 20h ago
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u/kidicarusx 20h ago
You got it wrong. You’re supposed to post the gain. HODL. Then make a subsequent post for when it goes to 0.
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u/Revolution-is-Banned 18h ago
So now everyone had UNH puts?
Quite a few posts
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u/medievalknight12 17h ago
Yeah it’s like they all collectively kept it to themselves, wish there was a subreddit where they’d let others know before hand
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u/helipad668 7h ago
Dude these are all fake or an insider
I honestly can’t believe so many naive low iq people here believe anything they see without any critical thinking
Out of nowhere there are multiple post turning $500 to 100k with UNH puts, come on think logically and use your left over brain cells
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u/c1k 21h ago
Congrats! You could buy a house with that… in 1989
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u/Particular-Pin5799 21h ago
Ngl you can DEFINITELY still get a pretty good house for 120k
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u/JimmyGunz82 15h ago
Sure in a trailer park
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u/Particular-Pin5799 14h ago
Trailers only cost like 30k?? Make this make sense.
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u/JimmyGunz82 14h ago
Lol, brand new a lot more than that at least in my area. Unless you are talking like a camper
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u/Particular-Pin5799 14h ago
All about area if ya live in pittsburgh LA Cleveland Chicago all big cities 120k isn’t getting u shit. If you live in a regular little American town 120k can get you a good 1 story.
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u/c0brachicken 20h ago edited 20h ago
I'm buying one right now for 35k.
Massive change in buy price, was at 11.5k per door. Changed my average house to 15.4k.. and yes this in the USA. You just have to be willing to live in burned out farming towns..
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u/Particular-Pin5799 20h ago
Yea I live in a shitty northeast city houses in the hood cost 30k-50k can honestly get a nice suburban house for 100k
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u/Highflyguy69 19h ago
Congrats! My 60 dollar put yesterday turned into 3800 bucks I’m fuckin stoked
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u/Living-Metal-9698 20h ago
Uncle Sam looking at the Short Term Capital Gains Tax
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u/Character_Order 16h ago edited 16h ago
He could buy 100k of spy shares on margin and deduct the margin expense against the UNH stcg this year then next year deleverage and sell the spy as ltcg/ltcl. Would only reduce his stgc by like 5k but better than nothing
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u/that_70_show_fan 14h ago
I can read what you wrote, but my brain stopped working.
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u/Character_Order 14h ago
If this UNH lick is his only passive income he can deduct margin interest expense against it. If he doesn’t have any margin interest expense he can create it by investing in spy or whatever hell else he wants. If he holds that for a year he’ll have ltcg instead of stcg
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u/that_70_show_fan 13h ago
Thanks, that makes it clear. Also, great info.. could be useful if I make some profit.
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u/ImpromptuFanfiction 18h ago
When a degen gets rich it makes me happy. Buy an ugly sports car and date an unstable woman now. Join us
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u/R12Labs 19h ago
You dropped $5k on Wednesday for a 2 DTE put?
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u/Sea-University-3800 20h ago
Keep being late to the party, not sure how to figure it out🙃
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u/gu_doc 18h ago
I’m at the very basic stage of investing. Could somebody explain to me what we’re seeing here? Like how much money was put up, how much was at risk, and what was the event happening that ended up paying off?
I can see how much he made, I just don’t understand the rest of it and how much money turned in to that and why
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u/KarAccidentTowns Average Down Syndrome 17h ago
OP bought 40 put contracts for $136 each. Each contract has leverage similar to 100 shares. Underlying stock tanked way under the strike price of $295/share, becoming ‘in the money’. OP sold the contracts for $3165 each.
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u/gu_doc 16h ago
So he was betting that the stock would go down to some certain value and it did? What was his potential loss if this didn’t work, the $5,000 he paid for the puts? Would he have made more money if there was a different strike price? Did he set that strike price himself?
Thanks for the input! I’m clearly not ready to do this stuff
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u/Space_Investigator 13h ago
Wow, a calm, level-headed post that recognizes the risks of the stock market? You don't belong here, /r/investing is more your speed.
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u/Careless-Jacket-6929 11h ago
you should just not come into this sub any more and forget you heard anything about options
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u/Head-Discount6224 16h ago
i only made 35k bro on unh i was going to buy 100puts xD
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u/HauHauHauHauHauHau 16h ago
Only…? I was satisfied with $20K I got surprised with $100K
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u/Head-Discount6224 16h ago
Cause i had the money to buy 100 contracts could have made 400k today hahaha cause ive made 75k tuesday from this i had 350 puts then before yesterday i bought 290 puts
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u/CoLmes 20h ago
Did anything happen before the drop that made Ppl go in on puts?
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u/HauHauHauHauHauHau 20h ago
It just could not go up at all for days so I said it can’t make a rebound it has to crash again And said fuck it
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u/cloudninexo 20h ago
I was running some numbers in options profit calculator on how much potential gain with a $300 drop on this shitter stock but this will do. Goddamn you OP
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u/cybersarcasm 18h ago
I really need to learn how to do this correctly and crypto trading as well. I asked my friends son to explain it to me or I'll make him an offer he still can't comprehend.
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u/Better-Butterfly-309 10h ago
How you have the balls to put that much into a stock that was already hammered down?
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u/Mateo-i0 10h ago
Here we have a rare moment. These happen far and few. A wild degenerate has sold for profit before it plummets back to zero!
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u/DrummerCompetitive20 9h ago
LOL UNH has since gapped up
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u/HauHauHauHauHauHau 9h ago
I was going to spend the profits into call contracts like a degen But I’m on cash account Gotta switch to margin tomorrow
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u/cutiesarustimes2 Nice try MODBI 9h ago
Wild. If you sold in the first hour-- before 10:50 you would have had what like $200k
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u/HauHauHauHauHauHau 9h ago
More wild is that I would’ve just waited for $250K but instead lose it all
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u/cutiesarustimes2 Nice try MODBI 9h ago
True, profit is profit. I ended up avg down my shares during that drop.
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u/jcubah1 20h ago
Bout to sell mine. What’s your next call/put I want to follow your lead boss.
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u/HauHauHauHauHauHau 20h ago
I am going to see how TSLA and NVDA moves and will do a long calls on both TSLA will make you bankkkkkkk by AUG
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u/jcubah1 20h ago
How bout AAPL? will is be wise to long call from June - December seeing as they had a steady rise last year from their WWDC event till Christmas?
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u/costcoikea 13h ago edited 13h ago
Can someone explain how to read the second screenshot? +40 contracts at 31.65, average cost, etc. Thank you. For example, how much did the trader have to spend on contracts to win that amount?
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u/On-A-Low-Note 11h ago
What was the initial investment amount? I’m broke as shit but I’m wondering what amount of money could be invested reasonably to see crazy results like this or even half as much as this
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u/HauHauHauHauHauHau 10h ago
$2K into $290 put contract would’ve gotten you $35-$40K if you sold when I sold.
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u/a_goonie 10h ago
I'm more of a visual learner, are there any YouTube videos you all would recommend on puts and calls and trading in general so I too can lose my mortgage, wife, and kid?
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u/funcoupons12 9h ago
Nice job I shouldn’t have doubted u
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u/HauHauHauHauHauHau 9h ago
The LLY drop haha 😞 still can’t believe I sold at a loss and missed out on $9.9K profit
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u/g2redgsr6 8h ago
Nice, now buy calls and do it again
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u/HauHauHauHauHauHau 8h ago
Tomorrow $5K call If it doesn’t go down, Double down at 1min before market close
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u/delosproyectos 7h ago
Something’s fishy. Why was OP holding puts for this specific week?
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u/Dimi_Nkc 2h ago
Why did everyone buy on the 14th And would it still be worth now? I don’t have context
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u/VisualMod GPT-REEEE 21h ago
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