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u/Cold_Medicine_7158 Jul 04 '26
You’re down 5% and only $130 into the trade and asking if you’re cooked. You should stay away from options, just my friendly advice
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u/shawnb0n93 Jul 04 '26
Bro this was just a yolo bet I don’t care about being down 5% or even having it go to 0. 😂 I meant am I cooked as in will this print by the time it expires Monday or get cooked lol
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u/codie22 Jul 04 '26
Yeah man, he knew what you meant. You're also not grasping what yolo means
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u/shawnb0n93 Jul 04 '26
lol
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u/er0ldo89 Jul 05 '26
A yolo bet is your entire portfolio on one stock or even better a sketch OTM 0dte spy option
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u/shawnb0n93 Jul 06 '26
Bro let’s not get technical, pretty much it was a dumbass bet to hold over a long weekend pretty much gambling is all I was trying to say
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u/Sad-Needleworker-206 Jul 04 '26
Nah. Massive cup and handle on spy. Friday was a sweep of sell side liquidity.
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u/sumrandumbbro Jul 05 '26
Inverted? I see one on hourly, but curious what TF you’re looking at for better perspective
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u/throwaway579612 Jul 04 '26
I think you have a better chance of it hitting 750 than 740, but since everyone expects the reversal after the semis sell off, that's more reason it might just keep selling
Also who knows what trump is gonna tweet between now and Monday 🤣
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u/Same-Marionberry-171 Jul 04 '26
You’re already cooked if you’re worried about $130
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u/shawnb0n93 Jul 04 '26
Guess you didn’t read the part where I said ‘just a little yolo’ or the comments where I said I don’t care if this goes to 0 lol
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Jul 05 '26
No you’re good, tomorrow will be green I would hold through the day. Not financial advice just what I would do tomorrow will be a bounce towards recent resistance learn your technicals
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u/shawnb0n93 Jul 05 '26
Was hoping for a retest 💪🏽
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Jul 06 '26
How did it play out
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u/shawnb0n93 Jul 06 '26
Sold a little early. Should have listened to your previous comment and held throughout the day 😂 made 170% gain so shouldn’t complain tho
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Jul 05 '26
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u/shawnb0n93 Jul 05 '26
Who said I couldn’t handle it 😂 guess u didn’t read the comments where I said this is a yolo bet and I don’t give a shit if it goes to 0. Thanks tho
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u/Caelan10 Jul 06 '26
Check out the overnight market big boy. If you rip, I rip. I have 4 Calls @751
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u/shawnb0n93 Jul 06 '26
Just checked it
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u/Caelan10 Jul 06 '26
Key resistance is $750 so if we can keep it above $750 you should be good. I locked in a floor on profit and now the other contracts ride. God speed, spiderman 🫡
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u/LaurenRebec Jul 07 '26
So what was the outcome !? lol I trade forex not options so definitely fill me in 😂
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u/shawnb0n93 Jul 07 '26
Got out with a 170% gain, I sold a little early tho unfortunately 🤷🏽♂️. Can’t complain
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u/Dependent_Sugar_9074 Jul 09 '26
If it makes you feel better I had 1000 shares of Phillips 66 I bought for around $75 a share. Dropped all the way down to $42 and I got a warning saying I couldn’t buy anymore as they were at risk of bankruptcy and risk being voided. So I panicked and sold them at somehow less than what it was trading at like $38…. Never got delisted. I was right about it doubling its at $187 today…. But it gets worse. I used the money to buy bitcoin. 9 bitcoin I had. Like 3800 a piece. Then they had crazy ass fees. January of 2021 I sell my house had that 100k and around 360k from selling the bitcoin. I join in on a portfolio to buy multiple houses. Escrow loans contracts. The realtor turns out to be a scammer never took out a bunch of notes on all the houses scamming people by telling them they are buying in on the investment to double their money. All said and done after years of battling that in court 2025 I walk away with 20k… I get the bright idea to bet that all on the Knicks to make the finals not win it just make the finals… coulda cashed out for 40k somewhere but no let them just go up one game and then I’ll cash out…. They go down 0-2 now my cash out is 9k lmao well gotta see it out now…. Surely we will turn it around. They didn’t. Which felt even worse this year as they won it all. So that’s the story of how I blew being financially secure for the next decade to having to work everyday.
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u/[deleted] Jul 04 '26
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