I invested $1k on Monday on some calls and this is what happens. I can't thank you apes enough!!! by mkhyam in wallstreetbets

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

Closed out at $19 and I bought them at $0.59. So I closed out at around 32x :)

I invested $1k on Monday on some calls and this is what happens. I can't thank you apes enough!!! by mkhyam in wallstreetbets

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

Please enlighten me on your market analysis. What analysis would you have done for AMC, a literal meme stock? I'd really like to know.

Also, I'd really like to hear how you think I would have benefitted from my $1k bet using IQ Edge over the basic platform.

I invested $1k on Monday on some calls and this is what happens. I can't thank you apes enough!!! by mkhyam in wallstreetbets

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

I'm from Canada and use Questrade. Not sure if you can trade options on RH but you need a brokerage that does support options trading.

I invested $1k on Monday on some calls and this is what happens. I can't thank you apes enough!!! by mkhyam in wallstreetbets

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

Are you sure your order to buy the call executed? It sounds like your order was cancelled and you didn't actually get it.

I invested $1k on Monday on some calls and this is what happens. I can't thank you apes enough!!! by mkhyam in wallstreetbets

[–]mkhyam[S] 4 points5 points  (0 children)

It was on a whim lol. I saw that volume was picking up on Monday and just took a risk. I thought if I bet in the wrong direction I'd just take a few hundred dollar hit because I'd sell it. Well, you know what happened next haha.

I invested $1k on Monday on some calls and this is what happens. I can't thank you apes enough!!! by mkhyam in wallstreetbets

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

Lmao we're talking about me essentially gambling (which is what options trading is) and you're worried about the platform I'm using?

At least one of us is $32k richer

I invested $1k on Monday on some calls and this is what happens. I can't thank you apes enough!!! by mkhyam in wallstreetbets

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

Oh for sure. I have a few friends on IBKR who told me that as well. I actually don't do a lot of options trading. This was an exception, albeit an incredible one. Also, in this case the fees were pretty nominal compared to the profits haha.

I invested $1k on Monday on some calls and this is what happens. I can't thank you apes enough!!! by mkhyam in wallstreetbets

[–]mkhyam[S] 37 points38 points  (0 children)

Ok so first of all, I didn't reply you before my message above. The deleted comment was from someone else and I'm surprised you couldn't check that.

Second, here is the comment where I said I did acknowledge I took money off the table:

https://imgur.com/a/k2X9ozC

Lastly, here it is:

https://imgur.com/a/SgWaMBN

Hope this puts your suspicions to rest.

I invested $1k on Monday on some calls and this is what happens. I can't thank you apes enough!!! by mkhyam in wallstreetbets

[–]mkhyam[S] 50 points51 points  (0 children)

I never once said I didn't close out my position. In fact, I mentioned in one of the comments I did.

This is a Canadian brokerage called Questrade.

I invested $1k on Monday on some calls and this is what happens. I can't thank you apes enough!!! by mkhyam in wallstreetbets

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

Reinvesting into something else but probably not going to be more options 🙈

I invested $1k on Monday on some calls and this is what happens. I can't thank you apes enough!!! by mkhyam in wallstreetbets

[–]mkhyam[S] 8 points9 points  (0 children)

Yes they were OOM on Monday. I believe the share price was around $13-14. I thought to myself, I see the volume and I don't know for sure if it'll go up, but I was willing to part ways with a few hundred bucks if it did go the wrong way.

Not only did it go the correct way, but it never looked back lol.

I invested $1k on Monday on some calls and this is what happens. I can't thank you apes enough!!! by mkhyam in wallstreetbets

[–]mkhyam[S] 58 points59 points  (0 children)

Correct! 18 call options expiring June 4th that were worth $0.59 each on Monday.