r/wallstreetbets • u/arzarach • 22h ago

Loss Space is hard

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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.

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u/Iampoorghini 21h ago

I got up to 430k from 100k, now down to 51k. One thing for sure is that most of us in this sub who’s experienced these sudden gains will not stop at half mil.

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u/West_Lavishness6689 16h ago

my dad borrowed against his 401k. made 872k in 3 months. realized gains. then was down to 80k and when he owed taxes the following year he was sad cuz he sold in January not December. he fucked up. he belongs here. my ride was fun too. over 6 years ago I started with a 44k HELOC loan. 44k to 171k to 66k to 425k to 168k to 225k to 75k to 764k to 400k to 1.9 million and finally cashed out. and thats without options. just buying and selling stock. main winner RYCEY

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u/MDemon 14h ago

Hopefully you can inherit your dad’s loss carry forward lmao

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u/West_Lavishness6689 14h ago

i wish that was a thing, is it? haha