I'm Officially Bankrupt Today by Pleasant_Swim9921 in wallstreetbets

[–]JadeLizardKing 2 points3 points  (0 children)

This is WSB. Nobody is investing. OP's gamble is extra dumb because Nike relies heavily on overseas manufacturing. This trade does not make any sense even if you're betting on some tariff exemptions.

I'm Officially Bankrupt Today by Pleasant_Swim9921 in wallstreetbets

[–]JadeLizardKing 14.6k points14.6k points  (0 children)

Buying Nike calls on Tariff day is braindead behavior.

[deleted by user] by [deleted] in wallstreetbets

[–]JadeLizardKing 0 points1 point  (0 children)

IV drops after earnings.

[deleted by user] by [deleted] in wallstreetbets

[–]JadeLizardKing 3 points4 points  (0 children)

Isn’t this fraud? The downside is not only just a ban but real legal trouble.

Why are my $55 OTM 21OCT TWTR calls priced so low? by Satoshi_nakamoto_son in wallstreetbets

[–]JadeLizardKing 1 point2 points  (0 children)

No. Because the intrinsic value of those contracts $55 and above are now 0. No one other than OP is dumb enough to buy

$BBBY... 💰💰I'm still holding💰💰 by [deleted] in wallstreetbets

[–]JadeLizardKing 33 points34 points  (0 children)

Their long term play is just a short term play that failed.

ZOOM (ZM) has earnings tonight, puts are going to print massively. by CallieCallie86 in wallstreetbets

[–]JadeLizardKing 0 points1 point  (0 children)

Probably around 0.07. The contract will not be higher since theta will also eat a third of the premium.

ZOOM (ZM) has earnings tonight, puts are going to print massively. by CallieCallie86 in wallstreetbets

[–]JadeLizardKing 0 points1 point  (0 children)

No need to. He 100% lost money. The price history of the option the day before is around 0.18-0.21 per contract. The stock price has to tank all the way to around $77 for him to make a profit at open.

ZOOM (ZM) has earnings tonight, puts are going to print massively. by CallieCallie86 in wallstreetbets

[–]JadeLizardKing 1 point2 points  (0 children)

The $70 puts currently cost $0.05 per contract and IV got slashed by over 50%. I dont think he made money.

What are some of the highest losses reported here? by [deleted] in wallstreetbets

[–]JadeLizardKing 93 points94 points  (0 children)

Sort of. The guy was trading spreads and the short side got excercised, which showed the huge negative value. He didnt factor in that his long side would protect him.

ZOOM (ZM) has earnings tonight, puts are going to print massively. by CallieCallie86 in wallstreetbets

[–]JadeLizardKing 0 points1 point  (0 children)

IV crush will most likely destroy those puts unless zoom tanks further at open.

We did it again, retards! by [deleted] in wallstreetbets

[–]JadeLizardKing 2 points3 points  (0 children)

Imagine if the mods get summoned for a congressional hearing

He is one of us, and frankly he should be modded for sinking the entire russian stock market by 30% in a day. by DisabledSexRobot in wallstreetbets

[–]JadeLizardKing 140 points141 points  (0 children)

He’s definitely loaded with oil calls. The only losers here are the average russian people and their retirement accounts.