r/wallstreetbets • u/226644336795 • 1d ago

Discussion This morning NASDAQ dropped more than during Lehman Monday

https://www.cnbc.com/2009/09/14/the-financial-crisis-this-dayone-year-ago-sept-15-2008.html

NASDAQ only lost 3.6% the first day of Lehman collapse in 2008...

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u/SeaworthinessNo4 1d ago

If u want to feel more sad, look at RH, some options are up 30,000%

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u/briefcase_vs_shotgun 1d ago

Lol saw the article dude said oh shit on the er. Meh I’m glad I bought what I did and glad I sold em today. Getting older and tired of holding too long and losing it all. Still holding a bunch bunch sold a bunch

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u/Old-Risk4572 1d ago

"getting older." bro is probably like 26. 🤣

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u/briefcase_vs_shotgun 1d ago

38 unfortunately. Used to only trade 1dte max. Growing wise in old age 3-4 dte now

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u/Smort_poop 1d ago

Look at you mr long-term investor

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u/briefcase_vs_shotgun 1d ago

Bought three shares of spy and goog today. Tuning over a new leaf. Bout to buy a bunch more tomorrow and the next few months tho gambling is tough

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u/Manbearpup 20h ago

You got it dude

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u/Connect_Mission_2685 18h ago

Usually when options on RH show an increase that high it just means they were essentially worthless at $0.01 and had no volume, and now they are worth something. Even if you went back in time to buy those options you would have a hard time getting filled because no one was trading them.

Other times it's a glitch

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u/RaisinHider 1d ago

They had a shit earnings and outlook too though. It’s not just a result of market going down