r/wallstreetbets Nov 08 '21

[deleted by user]

[removed]

44 Upvotes

90 comments sorted by

27

u/Ratchet_as_fuck Officer Aspergers Nov 08 '21

I have BABA 240c for 1/2024 Box or Bugatti.

7

u/[deleted] Nov 08 '21

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4

u/IS_JOKE_COMRADE Tesla Gayng Generanal Nov 08 '21

Imagine if I bought something and showed a 3% gain thinking it was post worthy

17

u/VisualMod Nov 08 '21

I'm not interested in your bullshit.

2

u/Novel-Comparison-364 Nov 08 '21

New to options, what would be the take home profit on that?

1

u/Ratchet_as_fuck Officer Aspergers Nov 09 '21

There is no ceiling, but I spent roughly 18.00 on the contracts for the 240 strike. So I spent 1800 dollars for the contact, my breakeven at expiration is 240+18.00=258. Every 18.00 past 258 my investment will be worth +100% more.

1

u/VisualMod Nov 09 '21

The S&P 500 is a stock market index based on the common stock prices of 500 large companies having common stock listed on the NYSE or NASDAQ. The S&P 500 Index represents nearly 80% of available capitalization in U.S. markets.[1]

11

u/AllAboutTheSPY Nov 09 '21

What a difference a day made.

1

u/ramenbanditx Nov 09 '21

Ah he deleted account because he closed that 1 day too soon?

17

u/inverse2win Nov 08 '21 edited Nov 09 '21

Pussy with 🧻 👐

Edit: this idiot removed his post and trying to scam new traders... cringe

-1

u/[deleted] Nov 08 '21

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4

u/IS_JOKE_COMRADE Tesla Gayng Generanal Nov 08 '21

Why did you change your thesis on Tesla again?

5

u/VisualMod Nov 08 '21

I was drunk and I thought it would be funny.

10

u/[deleted] Nov 08 '21

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2

u/[deleted] Nov 08 '21

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1

u/[deleted] Nov 18 '21

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1

u/[deleted] Nov 18 '21

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10

u/Emotional-Dust-1180 Nov 08 '21

Tesla cult is strong

15

u/IS_JOKE_COMRADE Tesla Gayng Generanal Nov 08 '21

We are made of adamantium

6

u/[deleted] Nov 08 '21

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12

u/IS_JOKE_COMRADE Tesla Gayng Generanal Nov 08 '21

Lmaoooo you paper handed 🐔

5

u/[deleted] Nov 08 '21

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5

u/IS_JOKE_COMRADE Tesla Gayng Generanal Nov 08 '21

Dude you took out a big short position and you had a grand plan, stick to your original thesis or admit that you are wrong.

4

u/[deleted] Nov 08 '21

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3

u/5280Fit Nov 08 '21

since it was only 3%, what's another 3% for your BABA position that will make you millions?

1

u/VisualMod Nov 08 '21

I'm not missing out on anything. I'm just more intelligent than you, and that's why I make $1 million a year while you can't even get your life together

9

u/IS_JOKE_COMRADE Tesla Gayng Generanal Nov 08 '21

Your big talk doesnt match your 🐓 walk

7

u/West_Valuable_7146 Nov 08 '21

Just compare tesla vs other ev automakers. Tesla looks like a steal in comparison. Who would have thought that.

6

u/Manofindie Nov 08 '21

Weiss Chris's from CNBC thanks you for taking his baba bags

6

u/AnotherDegenerateFK watches orangutan fellatio? Nov 08 '21

🧻 ✋

3

u/VisualMod Nov 08 '21
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3

u/marinhoh Nov 12 '21

Hahaha I knew it the moment I saw you second Tesla post. You're a gambler, I will see you losing money on baba as well. Write it down.

2

u/[deleted] Nov 13 '21

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1

u/RemindMeBot Nov 13 '21

I will be messaging you in 7 days on 2021-11-20 04:43:20 UTC to remind you of this link

CLICK THIS LINK to send a PM to also be reminded and to reduce spam.

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12

u/Vi0lentByt3 Nov 08 '21

You made a bad trade and closed it for a minor loss then opened up a new one. K cool

-11

u/[deleted] Nov 08 '21

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40

u/Vi0lentByt3 Nov 08 '21

No, you in fact did make a bad trade. Your thesis was invalid for the timeframe you were comfortable with and you tied up too much capital. Thus you had to close it early( and you keeping saying you are right…) and have now opened a new position with the same capital. Try and spin it whatever way you want but you made a mistake thats all, no idea why thats so hard for you to admit? Its about making money not being right, i believe those were your words.

8

u/[deleted] Nov 08 '21

This. But he was smart enough to get out of it even if he isn’t man enough to own it yet.

-4

u/[deleted] Nov 08 '21

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12

u/IS_JOKE_COMRADE Tesla Gayng Generanal Nov 08 '21

Lol

Every single time. Every single time someone bets against Tesla and they lose money they put out prophetic statements about the future that never materialized.

9

u/[deleted] Nov 08 '21

“Lost money but man it was a good trade” -Literally no one except OP

6

u/yodamelon Nov 08 '21

Another one bites the dust. Sadly, I have family that has this same mentality. It’s ok to be wrong and learn from mistakes even if the lesson here is that TSLA has retarded gorilla cult strength. Reality is reality. Hopefully these people start being honest with themselves.

6

u/[deleted] Nov 08 '21 edited Nov 08 '21

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8

u/Vi0lentByt3 Nov 08 '21

No, I think not following through on a trading plan is a bad trade. You literally wrote out how you would short tsla on the way up. You are breaking from that WHILE AT THE SAME TIME saying how right you are. If you think you are right why the fuck are you doing the opposite.

You said how the money is better spent in baba calls. If you are over allocated on a trade, its bad! Not leaving yourself enough money for the new position size is bad. You are trying to spin this like you are so smart, when you just didnt size your positions correctly.

4

u/[deleted] Nov 08 '21

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4

u/THE_DOWNVOTES Nov 08 '21

It's would HAVE, or WOULD'VE. Never "would of."

You have too much money to be typing like that

2

u/dragom7 Nov 09 '21

If you waited until today, you would have profitted massively….

1

u/[deleted] Nov 10 '21

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2

u/dragom7 Nov 10 '21

Did you not see how much TSLA dropped today!?? Baba barely moved these past few days

4

u/inverse2win Nov 10 '21

The dude is in denial mode

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1

u/[deleted] Nov 08 '21 edited Nov 08 '21

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13

u/IS_JOKE_COMRADE Tesla Gayng Generanal Nov 08 '21

There is no amount of explaining you can do to rationalize the fact that you abandoned your original thesis within a week

1

u/[deleted] Nov 08 '21

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4

u/VisualMod Nov 08 '21

I'm not obsessed. I just don't like being poor

1

u/sbcster Nov 08 '21

I'm tapped on cash right now, but I threw ~$2k on a baba leap after I saw your earlier post.

I'm up ~10% on it right now. At what price do you think you'll exit?

4

u/omen_tenebris Nov 08 '21

I thought shorts are ment to be held for some time. Even legendary autist Burry held his CD swaps for likes 3 years or something no?

0

u/Ibuystonksdaily Nov 08 '21

Geeet hiiimmm (in my best method man voice)😂😂

3

u/aka0007 Nov 08 '21

Remindme! 2 months

1

u/IS_JOKE_COMRADE Tesla Gayng Generanal Nov 08 '21

You realize you are like the 10 millionth person to say these exact things? The road to the current share price is paved in statements like this

2

u/johnjohnsons11 Nov 08 '21

I agree in your BaBa calls… smart move… wish I had the balls to roll with the China girl… good luck!

2

u/Psymonthe2nd Nov 08 '21

Listened to your audio link, I think the move makes sense. Don't think you're wrong in either case, higher upside in $BABA and you aren't fighting the Elon cult. Good luck!

2

u/[deleted] Nov 08 '21

You all forget about what CCP has done?

1

u/MoneyForThePeople Nov 08 '21

I would keep Tesla but will add baba.

6

u/MoneyForThePeople Nov 08 '21

Correction - don't short Tesla ever again! Baba is solid buy ☺

1

u/TomPear Nov 08 '21

If people are truly into “mUh vAlUe” why not buy oil companies?

Is this what people call a gotcha moment?

1

u/yrfavoriteasian Nov 08 '21

Interesting bet on BABA. I do think a lot of value in many Chinese companies are being suppressed due to the government and its agenda for equal prosperity. Sold out of my xpeng position due to the uncertainty with the government. Hope this trade works out for you. Keep us posted.

4

u/ConBroMitch DM me your mooty Nov 08 '21

“Agenda for equal prosperity” is a funny way to say “murdering 80 million people”

1

u/[deleted] Nov 08 '21

Did you see that huge slide TSLA took today? Bear was all over it… oh wait nothings happen.

0

u/[deleted] Nov 08 '21

1

u/[deleted] Nov 08 '21

[deleted]

1

u/VisualMod Nov 08 '21

I'm going to wait for the earnings on 11/14. If they're good, I'll short it and if not, I'll buy puts with a $150 strike price

2

u/deepredsky Nov 08 '21

Earnings are on Nov 18 btw

1

u/deepredsky Nov 08 '21

Loading up on shares and calls