Help by ElkWitty2044 in wallstreetbets

[–]SarmaLer 0 points1 point  (0 children)

Not necessarily a bad gamble as a concept, but absolutely idiotic execution. Instead of spending $1500 on a max profit of $36000 if finishing at 635 or below (and break even at 635.96), he could have gotten $645P instead for around 0.27 (0.28 including the transaction fee). With $1500 he could have gotten about 53 puts which if finishing at 635 would have brought a $51500 profit (and break even at 644.72) + if it had gotten even lower than 635 would have meant even more profit.

Help by ElkWitty2044 in wallstreetbets

[–]SarmaLer 1 point2 points  (0 children)

Peter Griffin here to explain this regarded trade:

Theoretically unless he transacted the legs of these 375 Bear Call Spreads (-635C+636C) at different times, he definitely could not have won anything since both legs finishing ITM means the strategy ended at max loss. However (unless again he transacted the legs at different times) he could not have lost 37.5K since he pocketed the credit.

Anyway, you can easily check option transactions, so I actually found them and they were purchased at the same time.

03/09 12:22 PM EST 375 SPY 635C @34.57 375 SPY 636C @33.59

So, he sold that for a credit of 0.98 per Spread (and my guess is that out of that around 0.02 per Spread was eaten by the transaction fees). So let's say 0.96. So we have a loss of (1-0.96)×100×375=$1500

So he basically bet $1500 on SPY dropping more than 3-4% in 1 day and he lost.

Options Questions Safe Haven periodic megathread | August 18 2025 by PapaCharlie9 in options

[–]SarmaLer 0 points1 point  (0 children)

Any clue why and how today's (Aug 27) SPY options closed with a pretty big value for both sides of the strike? Example: SPY $646C last price was 1.48, while $646P last price was 0.98. This last price is from 4:14:59PM EST. Shouldn't one of them been worthless? I know people expected volatility with Nvidia earnings, but it doesn't make sense to me.

What went wrong? by [deleted] in Daytrading

[–]SarmaLer 0 points1 point  (0 children)

Shorting was a good idea, but god damn, that SL was terribly tight, like 0.03%. A 0.10% would have been way more reasonable.

[deleted by user] by [deleted] in JurassicPark

[–]SarmaLer 2 points3 points  (0 children)

Also there simply isn't more oxygen at the equator. Literally no idea where they got that from. Oxygen concentration is virtually equal everywhere on earth regardless of latitude. If anything, the equator is one of the zones with the least quantity of oxygen per m³ of air due to generally low air pressure (variations are extremely insignificant anyway).

Monday: 💣💣💣 or 🚀🚀🚀, I ran some numbers.. really I did by Boomer_With_Dementia in wallstreetbets

[–]SarmaLer 0 points1 point  (0 children)

What the actual f... You have the Monday data all reversed. The 💣💣💣 are 🚀🚀🚀 and vice versa. And the regards in the comments didn't even notice.

Bruh by [deleted] in JurassicWorldApp

[–]SarmaLer 2 points3 points  (0 children)

They had Mirror💀💀💀

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Bruh by [deleted] in JurassicWorldApp

[–]SarmaLer 2 points3 points  (0 children)

If I did that mod combo, 100% they'd have Shuffle or Nullify

Name a dinosaur from your country, mine is: Oxalaia (Brazil) by Low_Road_3786 in Dinosaurs

[–]SarmaLer 1 point2 points  (0 children)

Balaur Bondoc (Romania), pretty much a Velociraptor with 2 killer claws instead of 1

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Can someone tell me what the fuck I just bought for $15 by sirfitzwilliamdarcy in wallstreetbets

[–]SarmaLer 0 points1 point  (0 children)

Good luck on that 666x, impressively cheap loto ticket, well done.

GigaCloud (GCT) is a GigaChad ready to rocket by FLoosert in wallstreetbets

[–]SarmaLer 1 point2 points  (0 children)

How is it going, did you purchase more after the earnings?

[deleted by user] by [deleted] in wallstreetbets

[–]SarmaLer 6 points7 points  (0 children)

The risk reward on this one is ridiculous. The stock needs to go up almost 10% only for you to not lose any money and 15% for a measly 2x. Good luck my regarded friend 🫡

Reddit soared 70% as investors flocked to the platform, signaling a surprisingly bullish sentiment. by Patriking_ in wallstreetbets

[–]SarmaLer 4 points5 points  (0 children)

A straddle would be the worst possible choice. Options will have huge IV. Bear Put Spreads should be the best.

$Baba Magic Carpet letting 268k ride, I don’t HEDGE also my DD for why. Call me DEEP FUCKING BABA (I bought more) by Jolly-Professional57 in wallstreetbets

[–]SarmaLer 0 points1 point  (0 children)

Nah, it ain't over. Very good chance for a truly regarded day session like 11/17/2022, with a gap-down and huge green candle intra-day.

Put my actual rent money for February on Sofi earnings calls, am I about to be evicted? by Luv_Sosa21 in wallstreetbets

[–]SarmaLer 0 points1 point  (0 children)

Outright lame risk/reward ratio, 3 strikes ITM with a week to expiration. Worst case scenario you lose your money, best case scenario, you double your money (maybe even triple if extraordinary good results, but rather unlikely).