/biz/ - Business & Finance

pic2

pls respond.

>>17162898
Don't doubt ur vibe

>>17162658
By unironically getting a suistack of kleros

>>17162951
this.
vibe is everything

Well, there are almost always a few options plays every day that can turn out like this for the holders, but it ain't as easy as it seems.

I regularly get 100-1000% option returns, but I also trade a pretty diverse set of equities that don't always work out as wins. I learned my lesson on all-in YOLO plays and paid some big market tuition for the privilege. This guy will lose millions at some point, so don't kid yourself. It happens to every options trader at some point, especially the new jacks. Once you make it and then lose it because you think you can do it again and get to $80 million, you start trading a little more conservatively and be happy with your market-beating 100, 200, and 500% gains for the year. It's easy to whack these ten baggers outta the park when you're playing with small money (100k or under), but your luck will run out fast trying to scale into the millions.

I flipped $700 into $13,000 between AMZN and TSLA in the three day period that this guy made his money, too. Could have been more, but I fucked up in three ways: first, sold my 720 feb 21 TSLA call too early on that Monday, which forced me to repurchase a 775 feb 21 for more than i paid for the 720 (but i had made a solid 300% gain prior). Second, I sold a short an 840 feb 14 call against my 775 thinking I'd lock in some profit and cover it the next day. Third, I bought a feb 28 990 call that Monday that I sold EOD for a tidy 50 percent, only to watch it 30x the next day. Basically, I capped my gains and sold my only non-capped too early. I still made out like a bandit, no one could have truly predicted the back to back 20% days, but I could have cleared about 30k with the first 720 call if I had just held it, then another 40 or 50k if I had bought the 775 and 990 and not shorted a call against them to set up a vertical. So, $700 to 60-90k was easily possible. But for every TSLA nutso day, you have 100 moves that run for a few minutes, put you up 300% only to go negative by EOD.

>>17162658
Step 1: Have 100k USD or more to gamble with
Step 2: Win a big bet on your stonk or crypto of choice
Step 3: Tendies
If you don't have 100k USD on hand, you can exchange step 1 for a single unit of ChainLink (LINK) starting in ~2025.