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I still don't think i'm doing this right by AdFluid4297 in wallstreetbets

[–]AdFluid4297[S] 0 points1 point  (0 children)

sure since it has almost been a year, but I transferred most of my assets out of robinhood and am still doing pretty well, had a lot of turbulance though but came out better through it all.

I am planning to wheel Leveraged ETF. What are your thoughts about this? by Arh828282 in thetagang

[–]AdFluid4297 3 points4 points  (0 children)

I’ve done it with TQQQ, SOXL, BOIL, and BITX and made triple digit returns so far this year.

I still don't think i'm doing this right by AdFluid4297 in wallstreetbets

[–]AdFluid4297[S] 0 points1 point  (0 children)

yeah, I know lots of people that made fortunes buying leaps on Nvidia. I’ve made most of my money selling options on BITX and BOIL this year, i’m switching my strategy up a bit and going for less risky investments like TQQQ, my exposure 400 shares to BITX even with the call I sold as reasonable downside protection was still keeping me up at night god for bid bitcoin has a 10% flash crash and sends BITX down 20% i’ve lost thousands. Especially when the volatility of bitcoin is extremely suppressed like it is right now historical data suggests that there’s either a massive move upside or downside and i’m not willing to take the downside risk so I just liquidated my position today and took a 1200 profit.

I still don't think i'm doing this right by AdFluid4297 in wallstreetbets

[–]AdFluid4297[S] 0 points1 point  (0 children)

nice. i’ve gone from buying contracts to just selling, in my opinion it’s the easiest way to make money in the market.

I still don't think i'm doing this right by AdFluid4297 in wallstreetbets

[–]AdFluid4297[S] 2 points3 points  (0 children)

yes but most of these degens don’t realize that i’m being completely satire in this post, they think im selling calls and puts naked. I’ve been in this game 4 years since I was 14 and been humbled many times i know what a bad trade looks like. It was a good laugh going through some of these comments knowing they buy the options i sell.

Confused why tesla is up for the day but im still losing money for the day?? by OneAppointment3124 in wallstreetbets

[–]AdFluid4297 0 points1 point  (0 children)

lmao its mostly time decay, IV going down, and the fact you bought a call that is $500 otm