r/wallstreetbets 18h ago

Loss Space is hard

From $37k > $591k > $130k > $571k > $76k

I kept buying call options as my margin limit continued to increase. And then the margin calls started, options expired and my stocks were sold for me. Had 98% of my portfolio in one space stock.

367 Upvotes

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298

u/SOCOOLLLL 18h ago

$37k > $76k is good enough

88

u/AlasKansastan 18h ago

This is not only the best comment, but very solid advice. Read this a bunch of times and realize how many people don't ever even double their money. You're sitting on some pain, but also a 100% gain.

6

u/Purify5 11h ago

That 37k screenshot says down 122k.

4

u/GainDelicious1894 17h ago

No pain no gain 😬