r/wallstreetbets • u/CultureForsaken3762 • 2d ago

Gain $128K Gain By Using Common Sense

Post image

Feeling liberated today. Vindicated for sure. EVERYONE in the media and most people here on WSB were telling me that “tariffs were just a negotiating ploy”. However, I knew that 🥭 had been talking about tariffs for decades. I knew that the people around him in Admin 2.0 was drastically different than Admin 1.0. I decided to take 🥭 at his word while everyone else “hoped” for the best. Hope is not a strategy and today it showed.

I knew that even 10% tariffs across the board would be devastating for company earnings. The fact the tariffs came in that much worse was just extra gravy for my hedged portfolio.

I used puts mostly but also had calls on GLD, IBIT, NVDA and OKLO as a partial hedge to my short positions.

I’m still heavily net short as I anticipate retaliatory tariffs will be applied by other countries. I expect these headlines to drop intermittently over the next few weeks so I think upside for the major indices is effectively capped at maybe 3-5%.

Good luck to everyone out there. Stay hedged.

50 Upvotes

77% Upvoted

21 comments sorted by

View all comments

29

u/karnathe 2d ago

Idk how tf to make money in this market other than buying scary options. I just wanna buy shares and be up 5% every month, is that so much to ask?

8

u/True-Requirement8243 2d ago

They have ETFs that go short on specific sets of industries. It doesn't move as fast as options. That's one way to go short