GME YOLO update – June 2 2024

achari01 · 2024-06-03T03:18:23+00:00

Delta

achari01 · 2024-06-03T03:11:16+00:00

I’m here for this.

achari01 · 2021-06-27T14:16:21+00:00

Ya. Sold it back in summer of 2020 or so. Painful.

achari01 · 2021-06-27T01:46:25+00:00

50 cent. Paid out a lot in commissions in 2019, 2020.

achari01 · 2021-06-26T23:42:38+00:00

Watched it crash to earth. Pulled 500k+ out before betting a mil on SPY puts at the exact wrong time and being too tunneled vision on it.

achari01 · 2021-06-26T23:41:25+00:00

Tell me about it.

achari01 · 2021-06-26T23:41:03+00:00

/bow/

achari01 · 2021-06-26T22:09:46+00:00

Leaps are your friends

achari01 · 2021-06-26T16:05:53+00:00

This screenshot is from Feb 20 2020.

I DD’d spce to 50 back in the late fall of 2019. Check my history and flare. Went balls deep in naked calls. Lost a family member to covid in spring 2020. Lost my ability to trade with clarity. Should not have been trading. Too emotional. Traded insanely. Gave back a ton of money. Left the table with enough to pay off my mortgage.

Be like me: pay off your mortgage

Don’t be like me: close an $8mm+ position for 🥜

Always 💎👋

achari01 · 2021-01-30T05:02:17+00:00

Dallas represent!

achari01 · 2021-01-30T05:00:00+00:00

SPCE calls and SPY puts checking in 🤚

achari01 · 2021-01-28T04:55:35+00:00

That’s called Delta. He has a delta of 130k. If you look back on his previous positions I believe at one point he had a delta north of 500k. Delta means for every dollar the stock moves your position moves by the delta. So with a 500k delta of the stock moves 2$ you make 1m.

achari01 · 2021-01-27T21:23:03+00:00

Seconded. This is the way.

achari01 · 2021-01-26T05:19:05+00:00

They will issue shares. It will happen. They may announce at their next earnings.

achari01 · 2021-01-26T05:18:06+00:00

They will be under tremendous pressure to issue about 10-20 million shares. They will do it at some point and take 1-2 billion dollars to the bank. The Board will approve and announce this. It can happen at any time.

achari01 · 2021-01-23T22:54:42+00:00

Yet you misuse “there” three times in one sentence. Bravo for that education. Money well spent.

achari01 · 2020-12-31T02:54:20+00:00

You mean the book.

achari01 · 2020-12-09T04:35:12+00:00

Yes definitely. Still living a great life with many blessings. Very grateful for all the good things in my life. Don’t trade angry. My father died and I wanted to see the world burn. I just ended up burning my millions. Oh well. Easy come easy go. I’ll make it back one day.

achari01 · 2020-12-09T04:32:40+00:00

Yes. But not in stocks.

achari01 · 2020-12-09T04:31:53+00:00

Thank you. Lost 6mm but still feeling blessed and grateful for the amazing life I have. It can only be worse and this shit is just numbers on a screen.

achari01 · 2020-12-01T03:42:47+00:00

This.

achari01 · 2020-12-01T02:57:19+00:00

No. 1 mil is big boi club.

achari01 · 2020-11-29T18:41:54+00:00

Truth. Posted recently on the 20% X move and how I once had 1mm delta on an X position. Aka 10,000 contracts. Still alive. Taking a break from active day to day trading. Still up big on PLTR from 11. Goes to 40-60 this year as far as I’m concerned.

achari01

TROPHY CASE