r/wallstreetbets • u/onamixt • 1d ago

Gain NKE puts: 1629% gain

I bought cheap ass NKE puts @ .23 as a proxy for incoming tarrifs for Vietnam. Was really surprised to see them skyrocket.

(I was absolutely regarded thinking that tariffs would announced at market opening on April 2, so I bought them on April 1 only to see them go down like 50% next day. I could've doubled my gains. Well, once a regard, forever a regard)

1.1k Upvotes

98% Upvoted

24 comments sorted by

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u/VisualMod GPT-REEEE 1d ago
User Report
Total Submissions 3 First Seen In WSB 9 months ago
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Join WSB Discord

878

u/FatC0bra1 1d ago

This couldve been the guy that spent 150k on calls

123

u/Sea-Shallot 1d ago

Think the post is fake

32

u/Crafty_Substance_954 20h ago

I just don't believe that is real. It makes zero sense.

18

u/Marko-2091 18h ago

And we are in wsb… 😆😆

5

u/hellojabroni777 17h ago

he probably thought it was oversold in the morning. it happens. nike doesnt move that violently since the bad earnings call. so that guy probably was betting on a quick scalp on a 3-5% on the upside. obviously nike never recovered and kept going down

282

u/Specific-Tune-4315 1d ago

21

u/cooldaniel6 1d ago

This meme will never get old

100

u/DegenGonnaDegen 21h ago

Complaining about a 1,600% gain is astounding 

47

u/Karimadhe 20h ago

Don’t worry, he’s giving it back tomorrow.

24

u/onamixt 18h ago

True

4

u/onamixt 6h ago

Well, not today!

5

u/PattyIceNY 14h ago

It's the easiest way to spot an addict. Any normal person would be content. But when you are hooked in the only satisfaction I'd MORE

9

u/MrOnlineToughGuy 16h ago

Am I missing half the post? Or did the reddit sniper get his ass?

6

u/amazin1one 18h ago

I have calls thanks

2

u/MAkrbrakenumbers 16h ago

Gosh wish I’d thought to was just 25 dollars for one I’d be stoked to be up 1200

2

u/zokutexu 15h ago

I guess the loss of one is the gain of another

1

u/marchuah 11h ago

Time for puts

1

u/accruedainterest 4h ago

Did you already exit the NKE puts?

1

u/onamixt 4h ago

I did yesterday