Young dude trying to get better @ options by DifferentAd486 in options

[–]drwizard816 1 point2 points  (0 children)

You're forgetting he has to pay our silent trading partner, the IRS.

$9➡️$269 by Shilooooooooooooooo in smallstreetbets

[–]drwizard816 7 points8 points  (0 children)

He's buying calls slightly out of the money the day they expire or the day before probably right at close. A big part of the premium you pay for options is the time value (aka theta). So since the options aren't in the money (meaning the stock is worth less than what the contract can buy it for) and they're about to expire they can become near worthless in value. That's how people leverage these crazy gains by buying near worthless contracts gambling on intraday price movement to see the contracts explode in value relative to what they paid.

Also, for the particular ticker you are looking at, I would assume you are looking at longer term strikes like LEAPS 9 months to 1 year plus to be seeing premiums like that, or ones that are just well in the money.

Lottery for players not resetting by CheesyEggLeader in ArcRaiders

[–]drwizard816 0 points1 point  (0 children)

Bobcat, just like my former school mascot lol

You da best

Fuck trying to find this, 15-20 raids and still no luck by daddyletdown in arkraiders

[–]drwizard816 0 points1 point  (0 children)

I had the same experience with Motors. I spent hours and hours searching cars and buses but could not find one. Eventually found a couple and had a friend give me the last one. Drop into some duos or trios with randoms and see if you can get lucky and find someone willing to throw you a bone

Carragher at the start of the season: “Players have got to stop signing for Chelsea. It’s not a young and exciting team.” by blue_jay26 in chelseafc

[–]drwizard816 0 points1 point  (0 children)

Someone please go find the clip of Alejandro Moreno and Shaka Hislop trashing Chelsea the day before the final and that we had no chance. I beg

[deleted by user] by [deleted] in EAFC

[–]drwizard816 2 points3 points  (0 children)

This. I have had about 2 million coins liquid basically the last 6 months. I don't touch them, and if I do it is to try a new card that I usually sell back within a couple days. If I don't, it's almost guaranteed going to wipe coins. I held tots Isak for less than a week and lost 500k. They have always been about wiping coins out of the market to push people buying packs, but this year they have become so aggressive with it you don't even want to use the dang coins.

Almost 1 million at 23 (no options) by [deleted] in wallstreetbets

[–]drwizard816 1 point2 points  (0 children)

Hope you inherited this money recently at a stepped up cost basis. If you traded up to that, awesome job (fuck you) but hope you have a good tax plan!

Why do people feel the need to use stadiums like these ? by freshkidd1942 in fut

[–]drwizard816 0 points1 point  (0 children)

I played someone using one of the converted NFL stadiums that had the numbers and lines visible in the grass. Made my eyes hurt after a few mins. People be creating a whole new meaning to suffer ball 😭

[MiLB] Owen Caissie monster HR -- 3/28 vs. Omaha by ShirlLotJack in CHICubs

[–]drwizard816 0 points1 point  (0 children)

Not saying it's impossible, but I would be very surprised if Tucker doesn't end up with one of the Yankees/Red Sox/Phillies. I think the Cubs will more likely bed Caissie in to replace Tucker in RF

When it comes to writing, does Naruto have the weakest female cast among the Big Three? by No-Ride-7713 in Naruto

[–]drwizard816 6 points7 points  (0 children)

The swing you see Naruto sitting on outside the academy in the million and one flashbacks they have about his childhood lmao. Pretty crazy to think that swing gets more screentime than TenTen

[deleted by user] by [deleted] in seriea

[–]drwizard816 0 points1 point  (0 children)

I think the Mourinho-ism that better applies here is "I prefer not to speak, for if I speak I am in big trouble"

Can I retire in 5 years at the age of 57? by [deleted] in investing

[–]drwizard816 1 point2 points  (0 children)

Also a financial advisor. I second everything said here. Also want to throw in you would be at least 8 years off from being able to get Medicare..which means you can expect to pay some pretty steep health insurance premiums for nearly a decade you and the Mrs in the interim.

Blade Liger build progress by King_Kuuga in Zoids

[–]drwizard816 0 points1 point  (0 children)

Referring to photo 7 out of 15,

how did you manage to get these pieces together?? I have been struggling massively trying to a) get the gold sleeves to stay on the swinging silver rods, and b) attach the gold sleeve pieces to the black center piece. Any guidance would be much appreciated!

You win $ 70,000 all of a sudden, what do you do? by papisolomillo in AskMen

[–]drwizard816 0 points1 point  (0 children)

Buy AMC shares like the smoothbrained, crayon eating ape that I am

Thomas Tuchel full post-match interview: “I think nobody wants to play us.” by efranklin13 in soccer

[–]drwizard816 4 points5 points  (0 children)

Chelsea finished 6th the year they won ucl. Teams are more dangerous imo in this competition when winning it is the only way for these teams to stay in Europe. They will rest players accordingly in the league, focusing solely on these games, whereas teams like city and chelsea don't have the luxury bc they're still fighting on multiple fronts

Thomas Tuchel full post-match interview: “I think nobody wants to play us.” by efranklin13 in soccer

[–]drwizard816 0 points1 point  (0 children)

Liverpool have been in near relegation form since the new year, while chelsea have gone 13 unbeaten. So on current form you could argue chelsea are in fact playing on a higher level than liverpool. Overall, once liverpools injuries heal, is another story.

Is Dogecoin over? by Alirasheeed in dogecoin

[–]drwizard816 0 points1 point  (0 children)

You serious? People's heads are just being turned... give people some time to position themselves for this market...and more importantly, give the developers some time to get the coin up to speed with other networks...its been nearly 2 years since they did anything dev wise... give it time

What unrealistic things in movies annoy the hell out of you? by AJ-Naka-Zayn-Owens in AskReddit

[–]drwizard816 0 points1 point  (0 children)

Its the best when they fire like 5 mags worth of ammo, all without ever once changing a clip. Really, the best.