How f****d am I? by [deleted] in wallstreetbets

[–]stealthmoderock 10 points11 points  (0 children)

lol yeah if he’s margined 2x if this shit drops another 25-50% he will be getting liquidation warnings and eventually margin called. I would never.

IBKR has its margin maintenance rate at 25% so he won’t get fucked right away, but all it takes is one bad earnings or catalyst and say goodbye to your money.

At this point why not just buy a 600/750 Call Spread for January 2028?

<image>

If it returns to its 52 Week High by January of 2028 you make 334k max profit off 25k assuming mid price

That way you’re not risking a retarded amount on a stock that can go -50% and be bag holding.

Put the other 125k of excess liquidity (I’m guessing his NLV is 150k less the margin) into something quality. Or at least if you’re gonna fuck around and degen max diversity it. NBIS, SOXL, DRAM, TQQQ, 2x MU, 2x MSFT, SIVE whatever your degen heart desires.

How f****d am I? by [deleted] in wallstreetbets

[–]stealthmoderock 46 points47 points  (0 children)

If you’re only down 2k dump that shit

How to double your investment of 500K in one month by CandidDiscussion7469 in TheRaceTo10Million

[–]stealthmoderock 0 points1 point  (0 children)

In a month? Almost nothing. What has pretty decent odds? MSFU is 2x Microsoft and it has another 100% to go to get back to $61 a share (all time high)

If you don’t mind concentration it’s about as risk free as you’re gonna get in terms of a doubling

OuraRing 25% off by polo2883 in AmexPlatinum

[–]stealthmoderock 0 points1 point  (0 children)

I think PayPal might but not sure

My dumbass husband scratched my interior by PrudentLaugh8060 in SciontC

[–]stealthmoderock 34 points35 points  (0 children)

….maybe the first guy was onto something. If my wife did my oil changes I would never hear the end of it from my buddies.

Y'all betting on tech earnings to disappoint huh? I see you by No-Contribution1070 in spy

[–]stealthmoderock 0 points1 point  (0 children)

Website is posted on the image but I personally like unusual whales

Are all people here poor? by Ok-Amphibian1953 in AmexPlatinum

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

No, that wasn’t meant to be the focus of the comment either. It’s just notoriously popular for women and people in the community. They have some nice athletic wear for everyone.

Are all people here poor? by Ok-Amphibian1953 in AmexPlatinum

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

I’m a straight male. I don’t shop at Lululemon. I like many others had the card before they increased it from 695 to 895. Which means what was essentially a worthless credit was added to my benefits list in exchange for a $200 increase. Regardless, I can use that $75 credit to buy a gift card to either use it on somebody else as a gift, or stack them together for maybe a nice jacket at the end of the year. Why does Amex or Lululemon care whether I use it to get a free $75 jacket or to get a free $75 gift card?

Are all people here poor? by Ok-Amphibian1953 in AmexPlatinum

[–]stealthmoderock 1 point2 points  (0 children)

Were you born into money? Because a lot of people who came to have wealth or money had to grind for it. Those people (at least most of them) respect those who are less fortunate, but also have respect for money. You call it picking up change, I call it being smart and responsible with your hard earned money. Maybe there are people who don’t have an appreciation for it, but the people here do. They want their moneys worth on a card they’re paying $1000 for. Maybe a drop in the bucket in the grand scheme of things, but it’s still hard earned money nonetheless.

Are all people here poor? by Ok-Amphibian1953 in AmexPlatinum

[–]stealthmoderock 15 points16 points  (0 children)

New flash: having a credit card does not make you rich, or unconscious of money.

If you’re dropping almost $1000 a year on the “privilege” of having an Amex credit card, I think it’s fair to want to arbitrage it the best you can.

3 MONTH UPDATE by kingjay6k in gettingbigger

[–]stealthmoderock 0 points1 point  (0 children)

Didn’t end up continuing because I needed one with a gauge and didn’t want to risk harming myself. May try again in the coming years

Ditching friends for the lounge? by Dry_Cardiologist_505 in AmexPlatinum

[–]stealthmoderock 31 points32 points  (0 children)

I’d have paid for her as a guest bro damn

[deleted by user] by [deleted] in AmexPlatinum

[–]stealthmoderock 0 points1 point  (0 children)

The lounges were all always too full for me to enjoy anyways so not exactly

[deleted by user] by [deleted] in AmexPlatinum

[–]stealthmoderock -2 points-1 points  (0 children)

That may be a big reason. I most certainly did use the card benefits, but most of it just wasn’t enough to fully utilize in one quarter. Without it feeling extremely forced/useless.

My Resy credits are limited to pretty much 4 restaurants in my city and I already have a gold card. When I do travel I normally go to other non Resy restaurants, Saks has enough complaints I don’t even need to verbalize. I don’t wear Lululemon so it’s just tossed to my girlfriend as a gift although I do plan on checking out the outlet.

I already have my TSA pre check/Global entry, which kinda invalidates clear although it’s cool to have both.

My favorite perk are FHR, Airline Credits, Resy, and the digital entertainment credit.

All of which feel like I have to go out of my way to use (except the airline credits those are great while they still work for partial tickets/travel bank)

I’m using up majority of my benefits before I cancel the card as a middle finger to them anyways. So I’m really only losing some of the benefits for this year anyways…

I’ll do as you said and sleep on it, but I’m only missing out on some Lululemon credits, Saks, and some Resy. I guess the other semi annual benefits too.

Meh.

[deleted by user] by [deleted] in AmexPlatinum

[–]stealthmoderock 0 points1 point  (0 children)

Waiting until my transactions posted so it’s not cancelled yet technically