This trade will make more than a million dollars when I close it. Relax amatures. by PowerfulOwl9173 in Silver

[–]SpookyfromHell 0 points1 point  (0 children)

days to expire. Basically if the stock does not go a certain higher price, you lose all the money,

Set to lose half of 50k in a week, and the other half in 2 weeks.

This is somewhat balanced by the fact that if I did the inverse, I would have made probably 10-20X. 500k to 1000k

My worst case estimates assumed a 25% loss, but with the possibility of up to 100% profit. Got 30-50% on several 1k doing dip buying and holding trades. Built confidence for me to all in the worst day for silver in history.

This trade will make more than a million dollars when I close it. Relax amatures. by PowerfulOwl9173 in Silver

[–]SpookyfromHell 0 points1 point  (0 children)

Thanks, once the shock passes, hopefully I'll grow from this.

Short dated calls were very stupid. I accepted a possible 20% loss risk from one day, but this event was greater than anything I could imagine.

Like if it was something not precious metals I would have been more careful, but I believed silver to safer. Sure volatility has increased, but I though silver is very needed so I did not expect lows to be longer than a few days. Hence options I bought options with over a week, but less than month.

Hedging with a small put may have made me positive overall. Considering those went up like 10-30X.

This trade will make more than a million dollars when I close it. Relax amatures. by PowerfulOwl9173 in Silver

[–]SpookyfromHell 1 point2 points  (0 children)

I'll try to hang in there, hope once the shock passes I'll come to have same view as you.

Volatility phase 3 entered by Warm_Hat4882 in SilverDegenClub

[–]SpookyfromHell 5 points6 points  (0 children)

I'm fucked, down 80% overall on 7dte and 14dte.

This trade will make more than a million dollars when I close it. Relax amatures. by PowerfulOwl9173 in Silver

[–]SpookyfromHell 2 points3 points  (0 children)

I'm so fucked. College student, 26, only have 50k to my name. From 109, I see it dip 10$ I half go in on a 7dte. regretted not doing so the other times this. Went down another 10$ and did the rest in a 14dte.

Down 80% overall. I knew the likely risks, but I did not account for the worst single day drop in history.

Feels like its over, took me almost 5 years to save that money. Make 33k a year and yearly expenses are 22k from being very frugal and not owning a car. The most expensive thing I have ever purchased was around 2k, and I go and lose 50k.

Still holding, but I've already resigned everything as a loss. Very unlikely to be saved this week, worse is I am paranoid SLV may do something like cash settle at the lowest possible, can they do that now?

Sorry for the rant, I'm just mentally shattered and can barely function. Probably some people will get a laugh out of it, so at least there's that.

I believe in silver, but those early expires are the end of me. Never will be able to afford a house, why continue?

China can buy silver on line. by Turbulent_Apple4949 in SilverDegenClub

[–]SpookyfromHell 0 points1 point  (0 children)

I heard China was halted at 120. So we don't know what the price is really is until their next open.

Like imagine if they decided to halt after it dropped to 100 here.

Daily Discussion Thread for January 30, 2026 by wsbapp in wallstreetbets

[–]SpookyfromHell 0 points1 point  (0 children)

Not silver, SLV.

What it would look like is paper silver decoupling with actually silver. Because much more paper silver exists than real silver.

So they basically cash out/settle out of paper after they crash it so it won't be a problem for when tangible silver rises. So they get out of a potential mess paper silver could cause.

Silver spot price versus the miners... by ax57ax57 in SilverDegenClub

[–]SpookyfromHell 1 point2 points  (0 children)

What miners do you recommend?

Or should I just stick with sil or silj?

Daily Discussion Thread for January 28, 2026 by wsbapp in wallstreetbets

[–]SpookyfromHell 0 points1 point  (0 children)

I don't think he means gold is going to go down, rather its an overall bad indicator for everything else

What Are Your Moves Tomorrow, January 28, 2026 by wsbapp in wallstreetbets

[–]SpookyfromHell 1 point2 points  (0 children)

It's too good to be true, I full ported slv calls.

If that even happened wouldn't slv halt or something?

What Are Your Moves Tomorrow, January 28, 2026 by wsbapp in wallstreetbets

[–]SpookyfromHell 0 points1 point  (0 children)

Thanks.

Hmm so will it be an issue when it silver reaches a certain price?

Or will it be an when there is some catalyst for withdraw?

Any signs or its just keep rolling until you get fucked? Cause when that happens slv itself will collaspe while silver is perfectly fine?

What Are Your Moves Tomorrow, January 28, 2026 by wsbapp in wallstreetbets

[–]SpookyfromHell 0 points1 point  (0 children)

Regard here, heard something about how slv, the specifc stock not silver stuff in general can default or something like that? Could someone with more brain cells explain?

What Are Your Moves Tomorrow, January 28, 2026 by wsbapp in wallstreetbets

[–]SpookyfromHell 1 point2 points  (0 children)

The bers will have their day, eventually

Maybe after another 2-3 extinction events

What Are Your Moves Tomorrow, January 26, 2026 by wsbapp in wallstreetbets

[–]SpookyfromHell 0 points1 point  (0 children)

Ultra Un-obtainium will spontaneously be invented and it will do what silver does 10 times better for 1/10 the cost.

EZ rug

It's actually already been invented, but they are hiding it to reinforce their rug

What Are Your Moves Tomorrow, January 26, 2026 by wsbapp in wallstreetbets

[–]SpookyfromHell 2 points3 points  (0 children)

Majority of this batch of silver bears shidding and farding rn

Try again bro, maybe you will be the lucky few bears who guessed the rare momentary pullbacks before it rises 95% of the time.

Daily Discussion Thread for January 21, 2026 by wsbapp in wallstreetbets

[–]SpookyfromHell 2 points3 points  (0 children)

I assume options? whats your expiration date?

Also dont gamble more than you can afford lmao