$20 risk, $600 potential profit. How’d I do?

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shoulda put a million on it

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Got super lucky with the timing - bought the call when it was cheap for shits and giggles, then as VIX continued to rise I realized I could basically arbitrage the upside.

Picked up a $39 put, praying we see VIX go low even briefly so I can do the same for the downside

If VRO prints at 39 I’ll go 🤬 myself I guess

I like it. Planning to exit today or hold through the weekend?

Considering it’s basically risk free, I’m holding it

What’s the strategy? Praying is not one. Haha.

I had this last week and sold it for $125 profit. VRO printed at $50 last week. I’m actually really bad at this 🥲

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Additional Posts in Option Traders & Investing

crwd 4/17 $60 calls... you heard it here first

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Played day SPY puts at $307 strike and sold for 300%. Thanks BC and others who predicted afternoon fall.

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3/2 - (specific symbols)

likehelpful

Thoughts on SPY puts tomorrow?

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6/16 Thread (BC):

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Anyone going in on VNET?

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Here’s a point of reference on meme stocks for people who thinks it’s too late to get in or who think it’s close to peaking. Tesla: 948M outstanding shares; market cap: $837B. GameStop: 69.75M; market cap: $5.36B.

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10/13 Thread (General):

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@BC what do you think about SHOP puts?

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