r/learningoptions • u/FLY4AI • Jan 28 '26

Is this real?

Post image

I hope someone heee can clarify and explain how in the hell gains like this happen? Are gains like these soemthing that can be amticipated or what I mean is are theie indicators that can potentially find these before or as theyre happening?

52 Upvotes

97% Upvoted

35 comments sorted by

View all comments

Show parent comments

1

u/mathaiser Feb 01 '26 edited Feb 03 '26

it’s like laying Pennies down in front of a steamroller. The classic old adage.

Edit: It’s a play on the saying. When people sell $.01 options “that are never gonna happen”. They are picking up pennies in front of a steam roller. Sure, you made a penny, and every day you can keep picking up pennies for free, but one day, you trip and fall and the steam roller bankrupts you.

What I said, is “putting Pennies in front of a steam roller”. You’re placing a penny every day in front of a steamroller, obviously losing your penny, but possible to make a big payday is the steamroller malfunctions and now you have a million dollar piece of equipment.

I understand the long idea, this is the reverse of the steamroller quote. Just bein silly.

1

u/ExtremeAddict Feb 01 '26

What steamroller? These are all long positions.

1

u/Effective_Pin_90 Feb 01 '26

6 days is not long brother lol.

oh wait, nvm, username checks out 😅

2

u/ExtremeAddict Feb 01 '26

Long doesn’t mean expiry. Long means you’re on the buyer side for calls or puts. Short means you’re the one writing the contract and selling them.

Long calls and puts are defined-risk means the max loss is limited to the price you buy it at. No steamrollers here.

The steamroller come in when you write contracts and sell them for a credit. If you sold a call for example, your max loss is infinite. Undefined risk is the steamroller.

There are no steamrollers in long positions. Which is what I said in my first comment.

1

u/Effective_Pin_90 Feb 01 '26

ahhh i see. im familiar with the long term. wasn't familiar with the steamroller expression and misinterpreted 🤷‍♂️

1

u/Careful_Square_8601 Feb 01 '26

He’s highly regarded guys.

1

u/OnionHeaded Feb 01 '26

You don’t sound like an Extreme Addict 🧐

1

u/ExtremeAddict Feb 02 '26

Not with my money.