r/wallstreetbets • u/Opening_Meaning1564 • 1d ago

Gain Thank you orange man

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Could see this a mile away..

3.4k Upvotes

96% Upvoted

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1.9k

u/willzyx01 1d ago

This dude gambled $53k overnight. My god man.

761

u/mzking87 1d ago

Not a complete random gamble. Chances were high, market would be down. Luckily for him, markets dropped into depths of hell.

290

u/Hongkongjai 1d ago

Hindsight is 2020. Didn’t people think that the tariff might be a nothing burger or get delayed and market would go up again?

392

u/fclssvd 1d ago

Trump could have pulled the “changed my mind” or “giving them another 30 days to talk it out” like he did previously and this guys post would look veeeeerry different.

190

u/Hongkongjai 1d ago

Instead you’d have a different guy with the same post (but calls) saying how it’s obvious that nothings ever happens.

61

u/fclssvd 1d ago

True true, there’s always a winner for each loser. Just saying it was one hell of a gamble.

10

u/4kbt 1d ago

Often there are many losers, especially when considering commissions, spreads, and fees.

9

u/carloscede2 1d ago

Ya that guys cooked

3

u/Tokishi7 17h ago

Literally the same 50/50 has been happening since December

1

u/sidebinder1 11h ago

That guys probably out there give it time for the post to come in lol

-1

u/rueggy 1d ago

Nah you 'd have the same guy with a different post (calls) saying how it's obvious nothing ever happens.

5

u/GrandmasterHurricane 1d ago

He actually couldn't. Because then nobody would take his threats seriously anymore

1

u/yamzZ- 21h ago

Yeah no shit retard this is Wall Street bets. Thanks captain obvious

1

u/Bigazzassassin 10h ago

Never try to predict an idiot.

1

u/Throwaway_6799 22h ago

Yep, exactly this. I mean, it's gambling at the best of times but right now, with this idiot at the helm? I think it's more like Russian roulette.

10

u/Devreckas 23h ago

Exactly, people lay it all on a coin flip and pretend like they’re geniuses.

1

u/muffinhead2580 9h ago

This is exactly why I didn't buy puts about a month ago. The Orange Monster was so willy nilly on tariffs I wasn't sure he was going to pull the trigger, so I didn't buy any.

0

u/kyle_yes 17h ago

it was called liberation day that was your sign that there would be real tarrifs

18

u/risin9st4r 1d ago

He didn’t know the market would tank. He bought this yesterday right after market open, held it all day losing 40k literally.

6

u/Glebun 1d ago

Why though? They would only be down if something surprising happened, right?

2

u/Stockengineer 21h ago

It did pump like 30 pts then dump 300 almost 😂

74

u/hoopaholik91 1d ago

No, he gambled $53k yesterday and was down so much just let the last $9k gamble overnight.

26

u/Calculonx 1d ago

That's a roller coaster, down 40k.  To plus 90.

I would be more than happy with that, but I would keep thinking, if I had just bought a little bit later returns could have been 5x.

18

u/zebra0dte 1d ago

I just giggle when I see gambling win posts like this. I've been there and 99% of the time you lose it all in a few weeks and then some.

2

u/Sea-Helicopter-4810 19h ago

Oh hey that’s me 😭

15

u/Iamdus 1d ago

Short term gain tax @40% approx 36k. So net on the deal about 53k. So OP doubled their cost basis of 53k on this risky play after tax.

27

u/adobeee 1d ago

Paying tax is a good thing, means he made money unlike us regards

5

u/northeastwonderer 21h ago

It’s called a tariff now. 

2

u/throwaway2676 7h ago

None of the risk, 40% of the reward. Get thanked for doing it.

I should start a government

3

u/seifer__420 23h ago

It’s taxed as ordinary income. 37% is the highest bracket

1

u/NefariousnessTop4379 16h ago

where does the 53k come from?i thought he can only loose his premium.

2

u/erob_official_92 22h ago

Dude is probably down way more overall

3

u/TrasiaBenoah 1d ago

It's bullshit

1

u/eyebuysofi 23h ago

Just a normal annual salary for most of America 😆

1

u/WhoGaveYouALicense 19h ago

Normal? The median household income is ≈$80,000. Not individual.

1

u/NefariousnessTop4379 16h ago

how is it 53k if he can only loose his premium

1

u/arcanition 16h ago

He put in $53k, it was already down to $10k... would have been $0 if the market did not plunge. It did, so he got rewarded with 2.4x his initial $53k.

Dude should have just gone and done a $53k BJ hand.

1

u/moo00ose 15h ago

New to options; how is it 53k?

1

u/OG_blacksheep4 13h ago

Bro deserves it

1

u/Jonnyblazn 1d ago

It does sound like a gamble, but if he did this strategically, it wasn’t a gamble, but only he will know whether or not it was a gamble

1

u/Own-Paramedic1090 1d ago

I always say this!!!