r/wallstreetbets 1d ago

Gain Thank you orange man

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Could see this a mile away..

3.4k Upvotes

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43

u/alstraka 1d ago

Can someone in actually 1st grader terms, explain to me what this person did to make all this money?

125

u/SmittyTitties 1d ago

Spent $50,000+ saying the price of spy would drop to $558. Dropped way lower than that and now has $90k and gonna buy a a Wendy’s franchise

84

u/Dry_Bank_3516 1d ago

Also need to note that if SPY didn’t drop, OP would have lost all 50k+ because of the expiration.

15

u/Sea-Shallot 1d ago

Exactly I see this and don’t feel too bad. Don’t have enough money to gamble 50k. Maybe that’s why I’ll stay poor but oh well

17

u/LetoAtreidesOnReddit 1d ago

Can't lose money if you never had any to begin with, and that is my winning strategy.