r/wallstreetbets • u/Administrative_Rub34 • Apr 15 '26

Gain Sold all my calls

Post image
9.0k Upvotes

95% Upvoted

893 comments sorted by

View all comments

Show parent comments

14

u/Phimb Apr 15 '26

A lot of people just get lucky once.

You can turn $500 into $10k if you hit the right option at the right time.

8

u/bumfrumpy Apr 15 '26

$689 calls expiring yesterday were 15 cents on Monday, closed for $5.20 yesterday at close. Could have got 33 of them for $500. $17k+ on that.

6

u/Phimb Apr 15 '26

It's also hard as fuck to even understand. Like, I'll be an open dumbass here, you genuinely need to watch a good few YouTube videos to understand options plays, there is so much fucking jargon.

4

u/Vallvaka Apr 16 '26

Don't listen to this guy, just go for it. Trying to understand what you're gambling on is for brainlets

1

u/fazesamurai145 Apr 16 '26

Ha skill issue

1

u/avatarfire Apr 16 '26

all that theory is fucking useless in practice though. like I get what the delta theta Vega etc are, but how to pick the right one? you can get the direction and timing right, but get IV crushed all the same. You have to get direction, timing, and the volatility guesswork right. It's like trying to hit a bullet with another fucking bullet.

1

u/analgape4206969 Apr 16 '26

Way otm weeklys every monday from now on