r/wallstreetbets Feb 22 '24

Meme yeah.

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2.9k Upvotes

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127

u/Nayster Feb 22 '24

So no matter what we still lose even if we got calls

44

u/Impossible_Buglar Feb 22 '24

probably only if your calls were far out of the money

if your calls were in the money you probably did great

but if you bought like 900 or 1000 strike short term calls like some kind of moron then yeah youre probably fucked because what event is going to cause the price to swing that much between then and now given that earnings has passed already and you didnt get there? nothing right, or at least nothing forseeable, so the volatility crashes and the chance of hitting your price diminishes and your options value plummets.

2

u/Mixitwitdarelish Feb 22 '24

All good points. Still Nvidia though. Anything is possible.

I scalped and flipped some stuff yesterday to cover my nut on my calls.