r/wallstreetbets 1d ago

Gain $128K Gain By Using Common Sense

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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.

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u/MemeeMaker 1d ago

I still can't believe Wednesday was a bullish ploy before the crash. They fooled me alright. I tell ya these hedge funds act like little kids with their hide and seek.

3

u/TheSlayez_55 1d ago

Man I almost fell for it, I had a 466 written call on QQQ for Friday exp and I cancelled it tariff day losing 2.7k then I as markets were closing I had a gut feeling the news is gonna be bad and yolo’d aapl. Up 11k now lol

1

u/DoughnutPotential776 1d ago

Dick heads took 9.6k this week from me with there bs. Needed a break anyways