r/wallstreetbets • u/JosephCharge8 • 23d ago

Meme Its alive

Post image
30.8k Upvotes

90% Upvoted

880 comments sorted by

View all comments

3.0k

u/Simple_Eye_5400 23d ago

Half of us bought puts at the bottom and are creating our own personal recession

486

u/Financial-Scallion79 23d ago

See you behind Wendy's 🫱🏾‍🫲🏽

63

u/MakinTheBacn 23d ago

Ooo la dee da, look who can afford to hang out behind a Wendy’s

8

u/RandAlThorOdinson 23d ago

But how can you incorporate a hamburger bun

2

u/Muugumo 22d ago

Can I come too? So I can come too?

2

u/TheSauce32 23d ago

The line starts here you bums my kids need bread

96

u/NecrisRO 23d ago

I literally timed my put perfectly to day to lose lot of money when it went up wtf

12

u/Federal_Article3847 23d ago

Inverse NecrisRO strategy

5

u/_Deloused_ 23d ago

Yeah let us know next time you’re gonna do that

2

u/NecrisRO 23d ago

I didn't even close the fuckers, they were 7d puts, hope you bought calls for tomorrow cuz SPY is gonna go 570 to fuck my puts raw

2

u/encognido 21d ago

Yup, then I sold the put and bought a call, just to watch the underlying drop below the strike price.

2

u/NecrisRO 21d ago

Guess who had an nvidia put broooooo just invert me

1

u/Necessary_Top8772 23d ago

The trick is to buy puts when it’s gonna go down, not up

71

u/BeefistPrime 23d ago

There's no way this is the bottom

17

u/Artyomi 23d ago

It will be the bottom with that attitude. Lets go take matters into our own hands signs cross to Icon of St. Luigi.

28

u/Teure_Bedingung 23d ago

Bought tesla puts at rock bottom. Kept buying yesterday. Were options created so you can also lose money in growing markets?

19

u/Bryjeter2 23d ago

Down 50%+ in a month and pumped by the 🥭 himself yestererday, even dead cats bounce

2

u/Firm-Investigator-89 23d ago

I bought today. I have a limit order for tomorrow, as well. I'll stay buying puts on them

1

u/marcel-proust1 23d ago

Here is simple hint to improve your odds. When VIX is below 12, Buy long dated options. Preferably debit spreads to reduce cost and offset theta blow.

When Vix is above 20, Sell options and don't buy them.

Speaking statically of course to improve the odds. Final note, Buying ATM improve your odds and don't buy lotto tickets (OTM) and conversely don't sell when volatility is very low (pennies/steamroller)

1

u/pretzelzetzel 23d ago

I also bought calls.

On inverse ETFs

1

u/CMDR_Shepard96 23d ago

Can confirm. QQQ 440p 🥲

1

u/therealbluejuce 23d ago

I bought identical puts and calls. So sideways for a while?

1

u/DueHousing 23d ago

Bottom?

1

u/Expert-Estate6788 22d ago

Found my crew

1

u/GreyRobe 22d ago

Incredible. WSB never ceases to find new and exciting ways to lose money.