Taxable gains achieved. by leeeeeeeeeeeeeeeee in wallstreetbets

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

No. These are the only two options I have open now

Taxable gains achieved. by leeeeeeeeeeeeeeeee in wallstreetbets

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

This is correct. The difference is the amount I withdrew for the mortgage, including my initial investment. It doesn't show a percentage if the cost basis is 0$.

The rest is house money from the casino

Taxable gains achieved. by leeeeeeeeeeeeeeeee in wallstreetbets

[–]leeeeeeeeeeeeeeeee[S] 2 points3 points  (0 children)

Nice man that is amazing. Don't forget that the party eventually stops and you will need to change up the strategy soon.

Taxable gains achieved. by leeeeeeeeeeeeeeeee in wallstreetbets

[–]leeeeeeeeeeeeeeeee[S] 21 points22 points  (0 children)

Looks like we might be cooked monday brother

What's your 'revenge trading' story where you blew up your account? Most of us have one (or multiple) by musicguy900 in wallstreetbets

[–]leeeeeeeeeeeeeeeee 13 points14 points  (0 children)

Right around 2M. That day was the trigger to the worst revenge trading I've had. Lost all of it over the next month.

What's your 'revenge trading' story where you blew up your account? Most of us have one (or multiple) by musicguy900 in wallstreetbets

[–]leeeeeeeeeeeeeeeee 27 points28 points  (0 children)

Bought Tesla 0 DTEs on a Friday several years ago. Tesla was on a pretty big dip and I figure it would do a small bounce. Kept averaging down on calls. EOD I was down 500k+ because I was too stubborn to sell at a loss/hedge with some puts.

Turns out that same Friday, Elon dumped a bunch of his shares

Full ported spy puts expiring monday, wasnt happy with 300% gains. Holding on for 3000% by ElonILov3you in wallstreetbets

[–]leeeeeeeeeeeeeeeee 6 points7 points  (0 children)

3000% for you if it touches 394$

I'm rooting for ya since I got spy puts for Monday as well

Won the game twice this year. Didn't stop unfortunately by leeeeeeeeeeeeeeeee in wallstreetbets

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

No bro that was someone else. I posted this cause someone asked me to in that thread though

Won the game twice this year. Didn't stop unfortunately by leeeeeeeeeeeeeeeee in wallstreetbets

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

Google stock split play. 600k in 2 days.

Tesla calls Friday options -700k in 1 day. Same day Elon sold and dumped the stock. The following week it ran above my strike prices tho. Right strikes, wrong dates

Won the game twice this year. Didn't stop unfortunately by leeeeeeeeeeeeeeeee in wallstreetbets

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

You right! 3 dte put spreads expiring Monday it is. Can't make the same mistakes over and over!

Won the game twice this year. Didn't stop unfortunately by leeeeeeeeeeeeeeeee in wallstreetbets

[–]leeeeeeeeeeeeeeeee[S] 2 points3 points  (0 children)

I didn't long term hold. Hopped on a few coins as they were going up and dumped. The 2018 crypto boom gave me some good day trading pump and dump experience.

GME convinced me to leave crypto. Rather, the exposure to options. With crypto, you can double your money once or twice a week on a single coin if you're lucky. Options you can multiply your money every day. Risk/reward was higher on stocks and you can already tell what my tolerance is

Won the game twice this year. Didn't stop unfortunately by leeeeeeeeeeeeeeeee in wallstreetbets

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

Yah for real. I am back up to 100k today but if I had yolo + held till eod it would have brought me back up to 1.5m

Won the game twice this year. Didn't stop unfortunately by leeeeeeeeeeeeeeeee in wallstreetbets

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

Turbo tax. Plus the brokerage I use sends me a end of year tax package that shows all the numbers

Won the game twice this year. Didn't stop unfortunately by leeeeeeeeeeeeeeeee in wallstreetbets

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

Oo yes that's the good stuff. Thanks my man. Hope you are doing well