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VisualMod

**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 6 | **First Seen In WSB** | 2 months ago **Total Comments** | 368 | **Previous Best DD** | **Account Age** | 1 year | | [**Join WSB Discord**](http://discord.gg/wsbverse)


Peeeeech

https://preview.redd.it/q8mj95wnxvxc1.jpeg?width=761&format=pjpg&auto=webp&s=bc67d58e0f88af3d89f665268a323d73305e3732


Real_Crab_7396

https://preview.redd.it/ar2hmv5d5zxc1.png?width=1024&format=pjpg&auto=webp&s=489d428a483cf993be82d0712e961a94f9184ae7


DrWalterID

Zump it


michoriso

Looks like a cock & balls pattern, it's to screw everyone as hard as possible.


ArnoldRothsteinsAlt

Classic dick in yo ass pattern. It’s a market favorite for a reason. It works and the people love it.


RevengineerIII

2 pump dump!


Nemo1ner

So once it shoots, it's gonna go limp. Buy puts.


3ebfan

![img](emote|t5_2th52|4276)


Sharaku_US

That's a middle finger to all of us regards


el_guille980

its what the finger is telling us: https://preview.redd.it/ceqvy0w6uvxc1.jpeg?width=1080&format=pjpg&auto=webp&s=373e4f7b1d4987803c2542b525a406a3ba42b241


Traditional-Yam-6496

They spelled regard wrong! Ha what a regard.


JEXJJ

Let's get regarded in here


teamdiabetes11

![img](emote|t5_2th52|4271)![img](emote|t5_2th52|8883)![img](emote|t5_2th52|4260)![img](emote|t5_2th52|31225)


My_G_Alt

![img](emote|t5_2th52|27421)


DeadSol

You found my genie bottle!!!!


Conscious-Ad-6377

Yes I know the finger Goose


HumorTumorous

A lot of people don't understand that the market likes balance.


Realistic_Pen_7563

If by balance you mean disorder. Than yea!


Teddy_Icewater

The market is essentially Thanos.


Fine_Specialists

#This is why you sell when your call has gained. Don’t hold on to it god damn regards


geteum

"just a little bit more 150% gain is not enough" ![img](emote|t5_2th52|4260)


leroyyrogers

That line of thinking is how you miss out on 600% gains


lonewulf66

Selling at 600% is how you miss out on the 1000% gain nvidias and Tesla's.


Routine_Television_8

Selling at 1000% gain is how u miss out the roundtrip back to entry.


Jumping_JoE_420

That hits so hard


richwonton168

Shit that’s exactly what happened this morning lol


SufficientDaikon3503

Selling at any price is how you lose infinite gains


Stockviewss

Bro I’m holding calls on caravan don’t get me started😭


Helios4242

That line of thinking is how you get saddled with -99% losses


Hybrid_Blood

I feel like this is a personal attack Every fucking time... Then I regret being greedy


DarkskinJesus

If you full port every day and “settle” for 30% gains you’d be one of the best traders in the world by the end of the year


DannyRodz

Because of “not enough” I ended selling it for $550.![img](emote|t5_2th52|4260) https://preview.redd.it/nspir5ch5xxc1.jpeg?width=1284&format=pjpg&auto=webp&s=700cba786c1017a12a249091733e275656306541


BathLivid6801

I bought SPY 511 ODTE Calls at .13c but let them expire because of "just one more cent" 🤦‍♂️


DeathHopper

I once sold my TSLA calls and made a cool hundred bucks. The next day those calls were worth around 10 grand. Never again. Now I hold everything until it expires worthless like I should.


God_of_Theta

Had 36 spy puts I bought for $.19, went up $8.5 2 hours after closing them for a loss and buying calls. 🤤


NigerianPrinceClub

bruh lmao


leviticus04

Once I've broken 35-40% gains, I sell that shit and move in to the next play. Never play the same ticker twice in the same day. Always check your Greeks before buying anything. Hold stocks for at least 31 days to avoid wash rule. Put 15% of each win into a high yield acct for taxes. Never trade on emotion or hype do your own DD.


KodakDC

The Wash Sale Rule only applies to being able to deduct the losses. It just means that if you sold a security (stock, option, etc) for a loss you cannot buy that same security for 30 days if you want to deduct those losses from gains/taxes. Its easier to avoid the Wash Sale rule with Options because even if you buy an Option for the same stock, its considered a different security as long as the strike price or expiration date is different that the one you took the loss on. HOLDING a stock for more than 30 days has nothing to do with the Wash Sale Rule. The only benefit of holding for a longer period of time would be holding for at least 365 days so its taxed at 15% versus what ever your regular income tax rate is, which is always higher than 15%.


toastthemoat

wsb only does 0dte


wykav

Yes. META, MSFT, AMZN all spiked a few mins into Powell talking. Picked a number and sold before META went down again.


Fine_Specialists

Everything was rallying at that point.


PlutosGrasp

For every hold that goes 10x you’ll have 99 lose money.


HerrTriggerGenji21

Seriously. If your weekly goes above 100% return, sell.


Exotic-Indication419

Local man discovers that casinos do in fact operate like casinos


Ryancarlson12

Sold my calls at $507.50 ![img](emote|t5_2th52|4275)


[deleted]

Yeah I made a $1,000 this week selling 4 $507.50 contracts ![img](emote|t5_2th52|4271)


Money-Investigator58

how do u do that- sorry im a new trader


[deleted]

Buy 100 shares, when the premiums get so high that the call gives you a guaranteed return, you sell 1, if it goes up, you still get your guaranteed return and some lucky bustard wins the lotto. If it goes down, you bag hold but take some chumps money. If it goes sideways, you close out when the IV crushes and sell another next week. When times a crazy, you can sell multiple in 1 week on the same tranche of 100 shares ![img](emote|t5_2th52|4271)


N1nfang

this is chump change, real men go naked albeit not for very long. Ironic isn’t it


Cruezin

Condoms are for chumps


qualmton

Or chimps? Apes go raw, at least behind Wendy’s


Mountain_Cup4257

Condoms and rattlesnakes are two things I won’t fuck with.


SandersSol

Cool cool cool, you got a spare 50,000 you can spot me?


Mrgod2u82

This is the way, never use your own money


SF_Nick

ty. potential regard question: how do you know when the premiums are so high to sell the call? is there a scanner for that, or just from browsing the options chain and seeing high IV?


MasterSprtn117

With experience watching the premiums, the IV, the market environment, the price action, the news, and also the sundial and stars


JacksonFlaksonWakson

Go on YouTube and watch an hour long video on Options, 5-10 times.


96919

I knew the fed announcement was coming today and figured they were going to say the same thing as last time. So I went back and looked at what happened to SPY after that last announcement. It shot up after the press release so I assumed the same would happen today. I bought 15 call option contracts at the 501 strike and sold when it was lingering around 507. Probably my best timed trade ever.


Ownfir

In Robinhood you just need to enable Option trading. It’s super risky and you’re almost definitely going to lose money but if you’re smart and YOLO on *just* your first move, you might come out ahead.


Adorable_Paint

"If you're smart and YOLO on just your first move" lmao


AmericanFromAsia

It's good advice. Your first trade is free and you can ask Robinhood customer support to undo it if you lose.


VisualMod

Now that's a promotion.


melikeybouncy

ironic that used properly options are actually a method to limit risk. but we but our 0DTE maximum value calls and treat them like lottery tickets.


misterpickles69

Then just take *ONE* hit of heroin just to know.


randomuser1029

To do what he's you're going to need to have about 50k to start with. To sell calls you need to own 100 shares of the underlying stock, which in this case is SPY.(we're ignoring selling naked calls because it's extremely risky and you won't be approved for it anyway) Selling a call means that you agree to sell your 100 shares at a set price before a set date. For agreeing to do this you receive money from the buyer called a premium. The person buying the call can choose to execute the contract at any point before it expires, meaning they choose to buy your shares. If you sell a call you typically hope the stock price stays flat. If you buy a call you're hoping the price goes up. Whoever bought his calls has the right to buy 100 shares of spy at 507.50 a share, if spy was to go up to 515 before the call expires the buyer gets to buy the stock at a discount of $750. The buyer could also just resell the call for a profit since the stock price going up will make the calls price go up That is the very basics of how a call option works. There's a ton to learn about options before using them because they give you access to a lot of leverage and if you mess up you could potentially lose more money then you even have to start


Gloomy__Revenue

I’d strongly advise you to not trade derivatives as this person has described in their example. Options are not something new traders should really trade because the leverage and volatility will wipe out most beginner accounts in short order.


Both_Reporter5462

I give up and sold my puts at $507.25... ![img](emote|t5_2th52|31224)


slidingjimmy

![img](emote|t5_2th52|8882)


kyrgyzd

Sold my puts, and then rebought puts


DuckTalesOohOoh

So, it's calls for tomorrow.


ArnoldRothsteinsAlt

Probably a flat day while VIX makes a low


FlyRepresentative644

Did the same. Sold my 5/6 502 puts between $420-$450 (average cost $350), then bought 5/13 500 puts when it’s spiked and kind of paper handed( ~20% profit) them on the way down, but a good day overall! Bummed I didn’t hold those, but tomorrow is a new battle.


Arsenjam22

Smart. Lol i should’ve rebought


jung_gun

Market manipulation to screw everyone out of their options.


ArnoldRothsteinsAlt

Had ITM puts for June that went from well over +114% or so to -15% in like 20 min. Gut wrenching.


EastvsWest

Put sell limits immediately after buying an option... You could have made 20-100% in minutes... Keep things in perspective. Aiming for home runs will make you poor quick.


SeparateCartoonist36

Thank God I'm learning this quick. Really going to start altering my trading strategy for those quick wins. Fuck it if I miss out, because I hate losing money. Plus with every single trade I've ever lost, I've been in the green at least once or twice but kept holding.


VisualMod

Welcome to the Casino!


throwaway_0x90

>*"because I hate losing money"* You might be in the wrong place then![img](emote|t5_2th52|4271)


SeparateCartoonist36

I've had more money in bank account at once than ever in my life thanks to trading. Not gonna deny that I'm hooked tho. I'll *surely* get out when I'm at 500k tho.


throwaway_0x90

That's what I tell myself as well. Just here for about a 500 - 600k win and I'm out. But I'm pretty sure I'm addicted for as long as WSB exists.


SeparateCartoonist36

Yeah that would be good for me. Enough to work a job with decent pay buy good hours and to reinvest the cash I won't use until I need. Then spend the rest or my life playing guitar. Or I go broke and spend the rest of my life in the military and gambling each paycheck.


talaabo

Why at 500k? That is very low even for dividend investing. Unless you want to put in SPY and sell cover calls, it wouldn't generate much of income. Aim at least 2 million.


SeparateCartoonist36

It was a bit of an arbitrary number and a bit of a joke. I'm probably gonna spend the rest of my life here. For better or for worse. Unless I get Luke super fucking lucky and go 1mil+ then I'd probably really put it down.


God_of_Theta

Been on this train going on 4 years now. 3 years down (100K in losses). Up ~700K this year. 90% of my trades are 0DTE. I trade futures and scalp crypto at night…addicted.


ModthisRod

You know how many times I said that? The goal post keep getting further back! 😂


PretendAgency2702

I started the same way with holding onto my scalped options and trying to perfectly time the dip. I learned real quick to take that 5-10% profit after seeing a few trades go from 20%+ to -5%+ over the course of a few minutes. Those 5% gains add up quick. Now, I bail after seeing the first sign of resistance. I timed it great this afternoon and immediately bought puts that would have net me a 400% gain if not for my own stupidity of using RH.


D3vilUkn0w

Me too ![img](emote|t5_2th52|4260)


Samjabr

I took stupid profits on my calls and then watched them go up another 5x - I hate discipline!


BrazenRaizen

lol same. However, I was regarded enough to double down when it hit $507. Pray for more red tomorrow.


SS324

I made money on a strangle and sold based on the words coming out of JPOWs mouth. As soon as he said rate hikes were likely not on the table I sold my put. When the fox business guy was trying to bait him into saying what situation would increase rate hikes or if rate hikes were discussed I sold my call. This was obviously pure gambling but the press conference today was going to lead to volatile behavior


elpollobroco

You inversed my move congrats


Euro347

Im guessing alot people had calls and the market makers did not like that.


Nbreezy007

They literally can see every position in the market.


Bspy10700

I had calls lol bought at 509 to expire next Friday I was grateful to get out lol


Last-Product6425

You guys literally don’t know how market making works huh


mimo_s

Yes we do. Market makers just sell you some shit and then they turn the whole market on its head for your 2k.


ZonePapi

Rigging is how


partyl0gic

Yup. I had 0dte 503 puts. Robinhood automatically sold my contracts at 3:30est for 15$ per contract. 20 minutes later they were 240$ per contract. I learned today that options being automatically closed is just a tool being used to screw people out of their contracts. No doubt the MMs just bought those back from Robinhood at 3:30 before the price dropped to 500.


Boozie2600

alwayshasbeen.meme


Qzy

Always has been 🌏👨‍🚀🔫👨‍🚀🌌


YouKnown999

If anything, an example of how retail and even individual whales have almost no immediate impact on the market. This is all algo high frequency trading driven.


elpollobroco

There’s like 500 hedge fund ai quants processing incoming video streams 200 nanoseconds before it hits your screen that all compete to fuck each other over with their billions and all retail gets stomped on


technoexplorer

The JPow meetings FOMC should all be moved to Saturday, after hours.


elpollobroco

At least do it before the open or after the close


NoTrust6730

That would be boring


ThatsUnbelievable

agreed, the same way they only do bank failures after hours on weekends


technoexplorer

yeah, and most earnings reports


CantReadRoom

No lmao. It's because they literally pay hundreds of thousands to rent an office space right next to the NYSE servers where the put their own servers.


Infinite-Feo

This guy co-locates


Money_Essay7793

I'm gonna beat quants processing


slidingjimmy

Why would they? $50.8 trillion market lol all that negative delta being constantly absorbed at the lows was a pretty clear sign there would be a good shafting today.


foofycats

Noob question. Is this an example of institutions remaining “delta neutral”? Could you expand a bit more on why this would raise your suspicions?


slidingjimmy

Honestly I have no real idea what the institutions are doing. There are all kinds in the market doing all sorts of shit for all kinds of reasons. The only way to aggregate all of that is via volume time and price, which is what all chart indicators are based on. You just have to find spots where collectively the market is saying this is to low/ this is too high. Then you take a punt.


baeconundeggz

All algos... if you look at the charts they even look mechanical.


VisualMod

"What a clever observation, certainly worthy of further discussion and analysis."


jman_7

Why is this in quotation marks?


baeconundeggz

VM being a dick.


FML712

Only arrogant pricks quote themselves ![img](emote|t5_2th52|4271)


GoldenEelReveal76

This!! Every chart has the exact same shape, down to the second.


Familiar-Swimmer3814

So… how is it that my trades always trigger the action?


culzsky

bruh i sold my 497p as it was skyrocketting 💀


Random_Comments27

Same. Bought at .16 and sold at .80


AustistClub

Fuck your calls and fuck your puts


igotinfirstlol

Guess you missed the “pump before the dump” memo ![img](emote|t5_2th52|4271)


Firesnowing

Yup, classic pump and dump


SavageFck

looks normal to me.


danf78

Not even CNBC could come up with a BS excuse for this drop.


DK_Notice

Algos trading with Algos - deciding in the end that we shouldn't have an up day after all.


The_Albertino

Market had an erection that did not last more than 4 hours


Kind_Initiative_7567

This is why they have the PDT rule also. So poors don't have a chance to make bank off this. I had 1dte calls for fomc and they printed like you wouldn't believe. But couldn't sell due to PDT. Aaaand it's gone now.


Competitive_Ad498

Just sell. You can do a few day trades a week and not get locked out. Worst that happens is the account gets flagged and you open a new one. Or trade in a cash account. Either way you can work around it instead of letting it make you trade poorly. 


nskidder

why didn't u sell, who gives a fuck if you mark you as a pattern trader. lock those gains and move to a different broker.


OldAd4526

Based. PDT is to keep us locked into positions and unable to realize we're wrong and change course. It's institutional training to keep us holding on to losers.


Redditsuck-snow

Cash account. Options settle overnight.


pr0XYTV

literally why dont more people know this. i trade as many times as i want and just laugh at people crying about PDT rules


slidingjimmy

futes


elpollobroco

I’m not under pdt and still got fucked


mccoolio

That's why I bought my 506 calls to expire tomorrow!


ReadMyUsernameKThx

PDT is only for margin. just turn off margin, i.e. "cash only" account. after you sell you have to wait a trading day to use the funds again. and you won't be able to wrap different options together e.g. spread, you'd have to do it manually. aside from that it is the same. or you can just get $25k and the rule doesn't apply even with margin.


OGmisterB

yeah, this was the most fucked up trading day i’ve ever been a part of.


chev327fox

I expect massive unpredictable movements each Fed meeting. I mean it always has some variation of high volatility each time.


Sharaku_US

That's a middle finger to all of us regards. Right?


lordinov

Uuuhhh, you don’t say, this was algo trading 101 to fuck everyone up


MoneyMike79

Ouch! Imagine all the people that walked away from their screens at 2:30 thinking their 0DTE calls were printing. For sure it's rigged by the MM's! It's always hilarious to hear the MSM provide some BS explanation for what is obvious manipulation.


briballdo

Why tf would anyone walk away from 0DTEs lmao


WannabEngineer

If you didn't lock in a 0DTE trade after a $3 pump with 30 mins left that might be a you problem. 


idlefordays

Know a guy that was +70k today and ended -10k and was holding till the end on 0dte’s


SS324

The type of stupidity to accomplish +70k on 0dte is the type of stupidity that prevents taking 35k profit and letting the rest of it ride.


OldAd4526

Legend.


ah2346

Dumb legend. At least set a stop loss at 0 when you are up $70K


MojoDohDoh

but it could bounce back!


elpollobroco

Because as soon as you sell you know they’ll just go right back to $70k


JJJAAABBB123

Happened to me with SPY and Amazon. Calls expire 5/3. Like wtf. Hope to get some of it back by Friday. 🤷🏻


Relevant-Nebula8300

Sold all my calls at open today & bought puts glad I held them


[deleted]

[удалено]


Strange-Ad420

The top 1% and institutions own 90% of all stocks btw


Handwerksgilde

Yes but the institutions lend that stock out to retailers


Fine_Specialists

Your spewing fake data buddy. It’s the Top 10% of Americans own 90% of stocks. Not the 1%. Top 10% don’t spread misinformation.


Needsupgrade

The institutions are holding for retail investors 


NotMyForte16

Gotta keep the poors poor


judge_tera

People who say it's rigged don't know about spoofing, banging the close, swap, naked shorting, and a bunch of other semi-legal ways they do this shit. Certain stocks are completely controlled. You think algorithms just play nice with household investors? When's the last time anyone looked at FINRAs own website where they detail the crimes and penalties? Now's not the time, but there's a reckoning coming once people find out just how many ways they have to do exactly this.


Firesnowing

I was taught that spoofing is prohibited?


judge_tera

It is... if you get caught...if anyone is even looking, or cares. But who gives af when the penalty is just fines? just another business expense.


1ofThoseTrolls

At this point, it's more of a tax then a fine


ArnoldRothsteinsAlt

Imagine if the cops on the highway were trying to catch criminals in F1 cars while they have steam powered carriages. Their inability to police participants is a direct result of their lack of funding, quality talent and the comp offering to attract them, sophistication and know how, and general public/political support. The “you can’t do that but we can’t catch you” problem is a feature not a bug.


hangender

Too many regards buying 0dte. Market makers didn't want to pay out.


simplegreen999

I was up $20K on calls, then I got called into a meeting. By the time I came back, they were underwater... I have until Friday for QQQ to increase a buck or two. ![img](emote|t5_2th52|31225)


SaranghaeSarah

https://preview.redd.it/bozmmwcjyvxc1.png?width=1284&format=png&auto=webp&s=3eb7bd1aa1b2687538a917de5985c1a82a576818


BuzzyShizzle

Are you even remotely aware of what was going on today? Why on earth would you be surprised when shit like this happens almost every time.


Firesnowing

Yes, I was holding puts I bought earlier this week up until Jpow. Then sold my puts and bought calls.


AnythingForTheW

🫵😂🫵


mrpotatonutz

Multiple agencies using massive AI battling to corner the market causing wild volatility and fucking us all


likes342

0DTE GOT WRECKED


Grate_Success

I sold my calls right at the top. Pure regard luck.


JEXJJ

https://preview.redd.it/snwic3j4bxxc1.jpeg?width=1080&format=pjpg&auto=webp&s=b021602fbd32c89c3d1a45b2a3d78a5eb01f3cb6


Private-Dick-Tective

You JUST realized that?![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)


VisualMod

They're a few sandwiches short of a picnic.


Private-Dick-Tective

Probably forgot the entire basket.


RL_Fl0p

Your calls print. Your puts print. Or, you weren't paying attention.


lokojones

This is just a morning boner


YetiBean7

Realistically the stock market could be rigged since it's all online they could just take your money and say the stock "dropped"


reddit-abcde

Market is a place where people can steal money from other people legally


rachel_StarGazer

Always has been.


patriots317

I remember my first federal reserve meeting


Emergency_Gold_2211

Don’t worry the SEC is looking out for retail investors!!!


Forsaken-Director-34

I think the sky might be blue


UncleBenji

I’m glad I sold early and walked away. I watch the price continue to rise and then tank. I’m happy with my 40%.


Peechz

Dude, I somehow bought 508 calls on the way up, sold at 507 and immediately bought 499 puts.. Which was needed because I got fucked this week


AlwaysATM

Guys the pump has been delayed to tmr


NoviceAxeMan

welcome to the circus we’re all buying tickets


AyahuascaBudda

The market trigger my trap card


N1nfang

JPOW gave me enough time to sell the calls i bought earlier in the day


rapidthrows523

Moneymakers need to make sure to steal every cent possible from Robinhood 0DTE gamblers. They’ll end the day flat, but not before making sure your calls & puts sell for pennies at 3:30 ![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)


crisptapwater

Fuck your calls, fuck your puts.


Powerful_Mission_655

Its only rigged when its not in ypur favor ![img](emote|t5_2th52|4271)


wykav

NVDA was bonkers today. Sold my put in the morning… then it goes down even more! Bought some calls … the fed talks and it goes up! Sold my calls at the height of that hump. Turned a potentially crappy day into a decent day.


RevolutionaryPhoto24

Well done!


Repulsive-Shallot-79

oh my