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/biz/ - Business & Finance

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26721440 No.26721440 [Reply] [Original]

imagine if you spent your entire 1200 on GME last year...

>> No.26721795

>>26721440
I cant even fathom how rich you would be. Wasnt the price like 2 dollars?

>> No.26721888
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26721888

I'M IMAGINING
I'M IMAGINING

>> No.26722574

>>26721440
I bought in at 10$, Nothing feels real right now

>> No.26724805
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26724805

>>26721795
yes, 2.80 i believe. it wouldnt be lambo money but 150k by my calculations
>>26721888
checked my pinkjak friend. doesnt it hurt
>>26722574
jesus m8 happy for you

>> No.26725463

all the real money was made on the call options
sure a 100x is nice but some redditos made millions on a $500 call

>> No.26726131

Should I start listening to /smg/ now?, are they more than just boomers screaming into the wind?

>> No.26727386

>>26725463
I wish I knew how options worked

>> No.26727640

>>26726131
1/20 people are helpful and smart and the rest of them want to unload their bags on you

>> No.26727753

>>26727386
It's just gambling, I put people who profit off such things on the same level as people who win at a casino. Also, like gambling the vast majority will lose money.

>> No.26728024
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26728024

Imagining what could have been is the sign of a weak trader. The same character trait that makes you reminisce is the same character trait that makes you FOMO and let whales unload their bags on you while you catch the knife.

I let the gains I miss pass me by. I sit and wait for my next prey. Another gazelle will always come.

>> No.26728853
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26728853

>>26728024
t.

>> No.26729208

>>26727386
>I think stock will go up
>buy call
>I think stock will go down
>buy put

>it's a long time before my call expires and my stock is way up!
>sell call
>it's a long time before my put expires and my stock is way down!
>sell put

>my call has almost expired and my stock hasn't gone up yet, but I'm sure it will soon
>exercise call to purchase stock (you have to pay for the stock)

>my call has almost expired and my stock hasn't gone up yet
>you're fucked

>my put has almost expired and my stock hasn't gone down yet
>you're fucked

>> No.26730337

>>26721795
102000
Not bad by any means.
But the definition of six figure hell

>> No.26730443
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26730443

You'd still be poor. However if you had bought calls with that 1200 at a strike price of 0.05 per 100x contract you'd be a millionaire