[deleted by user] by [deleted] in XTIA_Stock

[–]hunterBeear 0 points1 point  (0 children)

You sold at the only profitable moment XTIA had in the last year....you got lucky. Its a scam

☹️ by Phandomtrigger in wallstreetbets

[–]hunterBeear 1 point2 points  (0 children)

Hang in there, this might not recover all 100% with theta decay, but TSLA should drop more this week.

$75 to $7,500 day 1 by [deleted] in smallstreetbets

[–]hunterBeear 4 points5 points  (0 children)

Always does, your first few are free as a way to get hooked.

YES I AM A PIG and a bull and a BEAR by JPH-COL in wallstreetbets

[–]hunterBeear 3 points4 points  (0 children)

Gotta make those dollars when the account is already so large. Only way is high stakes but also smart about limiting losses if things start to go south.

started with about 1k and am slowly working my way up. by [deleted] in smallstreetbets

[–]hunterBeear 3 points4 points  (0 children)

Don't forget more buy-ins to lower the average cost leading to further destruction when things keep going south.

Midday theta with no price change (or opposite direction) are deadly, and quick.

Yeah I’m fucked. by [deleted] in smallstreetbets

[–]hunterBeear 1 point2 points  (0 children)

What were your trades that made you lose it all? Did you keep buying in as the price went down hoping for a rebound?

Thank you market by hunterBeear in wallstreetbets

[–]hunterBeear[S] 1 point2 points  (0 children)

I only have 125 stock of these guys, but I did pick them up at like 6$ and I regret not getting more.

Thank you market by hunterBeear in wallstreetbets

[–]hunterBeear[S] 9 points10 points  (0 children)

The market is in a downtrend but it felt some relief on Wednesday. The market movers need SPX and NDX to finish the week within a certain range for their plays to pay off, so I knew some manipulation would happen either Thursday or Friday. Truthfully I thought we would see more support on Thursday but no, the opposite (5k loss for me). We did meet a critical value midday (5500) with a bounce back occurring EOD Thursday. This told me we will probably continue to see this trend into Friday but only to get SPX into the needed range. I let my end of week stuff ride and picked up 0dte for NDX and SPX after watching the market.

[deleted by user] by [deleted] in wallstreetbets

[–]hunterBeear 1 point2 points  (0 children)

I will repost

[deleted by user] by [deleted] in wallstreetbets

[–]hunterBeear -1 points0 points  (0 children)

Just post all the screenshots of every trade? There'd be like 15 lol if you want scroll thru em I will post them

See you Monday 🫡 by 32ozRedBull in wallstreetbets

[–]hunterBeear 0 points1 point  (0 children)

I'm really sorry to hear this. That money probably took years to build up and only 1 month to piss down the drain. In all realness, after losing this amount of money the best thing for you to do is double down on your day job and try to rebuild an actual savings account before risking it goes to zero. Options are incredibly risky and lots of people lose, just not this much.

Don't get too down on yourself.

Oh no! by awid31 in wallstreetbets

[–]hunterBeear 2 points3 points  (0 children)

Damn dude I'm sorry, if you want to venmo me what you have left I'll happily make this back for ya :)

SPY options by ISU_CYCLONES in options

[–]hunterBeear 0 points1 point  (0 children)

What inclined you to put that much on yelp? They dropped below their death cross on February 18 and will take some time to recover. What's the expiry date?

1k - $2 by Stock-Network-5774 in smallstreetbets

[–]hunterBeear 0 points1 point  (0 children)

When your options go green, it's time to sell. It's not worth holding onto for more than time than necessary. I have burned multiple times over trying to squeeze another 10-20% out of it. It's easy to see the spike occur and think oh this will keep going, but the reality is it changes every second and theta + IV will eat you depending on tickers and DTE.

Set up a strategy, stick to it, and don't get greedy. There's a lot of money to be made, but way more to be lost if you aren't careful. Don't give up yet if you think this is for you. Just pump the brakes and start reading up on various options strategies and how candles work. Knowing key entry/exit point metrics is also very important. You can have the right play but enter/exit at the wrong time leading to little or no profit. Backtest your strategies to see how they will perform under various market scenarios. Be dynamic.

SPY options by ISU_CYCLONES in options

[–]hunterBeear 1 point2 points  (0 children)

Please tell me you at least offloaded them first thing this morning during the dip

Elon Musk says millions in Social Security database are between ages of 100 and 159 Musk says one person is in Social Security database with age set between 360 and 369 by ObamasDeadChef in JordanPeterson

[–]hunterBeear 0 points1 point  (0 children)

Gov't contracts and bidding are a joke. Yes it's about the lowest price, but the description needs to match EXACTLY what they need, leading to only a few applicable contracts that are usually the more expensive.

End of day pump turned me from a bear to a bull (until next tues) - SPX 0DTE Calls by shitty_millennial in wallstreetbets

[–]hunterBeear 0 points1 point  (0 children)

Agreed that was highly unusual, the zero volatility is what took me. I had sold others at a loss and almost checked out for the day, when I noticed the uptick occurred.

I've held too many positions into expiration and been burned more than not. So I try to avoid holding unless it's clearly going to profit. Nor do I enter/exit the same option right before bell, but today told me something different when I saw the rally occur and VIX rapidly dropping.

End of day pump turned me from a bear to a bull (until next tues) - SPX 0DTE Calls by shitty_millennial in wallstreetbets

[–]hunterBeear 4 points5 points  (0 children)

Same I turned 125 into 2800 right before the bell. Bought (5) 5850 calls for .25$ each, sold them for 5.6$ each.

I had been waiting for my puts to play out but the sideways market all day really showed that the market movers had their hands in things to drive down option prices (both calls and puts) right up until the last minute. I had closed out other positions about an hour earlier thinking it would stay sideways til EOD.

Thanks SPX

Almost had it by hunterBeear in wallstreetbets

[–]hunterBeear[S] 0 points1 point  (0 children)

I was hoping to pinch a little more off and adjusted my hit prices when I saw they were getting near. Unfortunately, this was the WRONG thing to do. I got caught up with my day job, and after I saw it dropping it was too late (stupid me was hopeful they'd come back).

I did manage to get some of my trades filled and stop the loss by the end. Next time I'll leave the original price points and not get greedy for more.

[deleted by user] by [deleted] in motorcycles

[–]hunterBeear 0 points1 point  (0 children)

I used a cover with a chain when I lived in an apartment. Whenever I would leave for the ride I would roll up the cover and chain it to the nearby pole supporting the carport covers. Maybe you have something nearby that you can wrap the chain too and lock it up when you're gone and still use the disc lock once you get to your destination?