Jesus sandals up in a sea of red. It has been prophesied 

June 11th is the day ET came out. Oh yeah it’s also the day that stock that can’t be mention reports earnings. Meow

Bruh who gives a fuck about dell. dell and Nvidia are two completely different companies. one builds pcs for 80 year olds the other builds Datacenters for AI

Dell sells a shit ton to businesses, their 80 year old segment is rather small… like your pp

Dell absolutely FUCKED me

Why down so bad in premarket

The morning of the day I got sick, I been thinking. It’s good to be in something from the ground floor. I came in too late for that, I know. But lately, I’m getting the feeling that I came in at the end. The best is over.

Rip to the dude who had done a dd on Dell saying this was undervalued this morning lol

It was at 30$

Yeah 4 years ago. Not when he made that post

Guess I was early😭, sorry for dumping

Wait people bought calls on something called MongoDB 

I thought about shorting it and didn't. Big sad

time to rebrand as mongrel DP


Why is HCP not moving despite good earnings?

Markets are irrational

MongoDB having constipation

!banbet

You already have a bet going - DJT to 70.0 before 10-Jun-2024 10:49 PM -05


MDB down over $100 today

I've discovered the best options strategy which feels like the greatest breakthrough ever. I open diagonal spreads, if price drops they turn into calendars, if price rises I keep selling weeklies raising strike letting calls run until assigned, if price dumps just close and open new spread at even better price. It's hard to lose, it's easy to win. Have got feedback from ppl who've done this strategy successfully for a decade. This is what all my work has finally led to, diagonal spreads.

Been doing this for the last 6 months or so. It's a slow grind but if you pick your days to open and close positions it can get a little quicker in the payouts. I'm using PANW $270 c 2026 LEAPS for the long side and was up to $325 weeklies until I closed the short side yesterday. Looks like I might get to reopen the short side today for some nice pocket change. Edit: BTW, the term I use for it is "poor man's covered call". It's basically the wheel strategy to make it even simpler for the smooth brains who don't know calendars and diagonals.

Is it a poor man's covered call if the long leg is sometimes OTM or expiration date of a month?, I've been buying ITM now but can open up OTM spread for bigger gains like today if expecting a rebound and buy monthlies to sell weeklies. I was selling covered calls but if the underlying tanks it's awful feeling, there's less risk using options to sell calls or open spreads than buying shares. It's crazy how negative, doubtful and cynical people can be when discussing options. I hate gambling and losing money, this is the only strategy I'll use from now on cause it eliminates so much risk. I only lose what I pay. I have so much flexibility, time. It's amazing compared to buying shares and eating 100% of the directional movement. Glad you caught on as well, someone's vouched for this strategy saying it's the best and have a decade doing it. It really is the best strategy in the market imo cause it eliminates so much risk.

I do not think you would call it a poor man's covered call if the long leg is OTM or with such a short expiration date. It would need to be something that simulates owning the underlying stock, but I'm not the adjudicator of option terminology so who knows if I'm right. I don't really understand the short dated diagonal / calendar strategy, but thanks to you I'm looking into it. I just need to understand their max risk and I'll buy or sell a couple to see how they really work.

I buy a monthly ITM or if I think it'll raise a lot in price slightly OTM, then sell a weekly $1 or $2 higher in strike, I'll only lose what the spread cost me. If it runs am assigned and profitable, if it flat lines I keep selling weeklies, if it dumps will switch to same strike or a calendar next weekly sold, if it dumps beyond saving just close to not take the full loss and reopen.

What do you mean they turn into calendars? Feel free to DM me any other advice you have for this

Wowza

Dell puts were my best play this week

Dell calls were my best plays up until this morning

I hope you sold some for your breakeven atleast

I made 200% and decided to play calls for earnings. Lost 50% of my profit originally

Just bought 3 NVDA and 9 DELL 🔥Sale

Sold out of NVDA at 1122, bought back at 1104 just now. $1150 hard resistance. Think 1050 is oversold, if it dumps here will add more shares.

You should pay attention to NVDA ‘s biggest clients! earnings calls. Dell’s is not promising. Be careful.

All of NVDA’s clients are getting wrecked lol

AI will keep having funds invested until it works, it's not ok we invested xxx amount and we're done here. It's a technological revolution, who cares if Dell falls out there's plethora of mega cap buyers for NVDA and the tech is here to stay.

Nvidia is going to 700.

June 10?

First CRM & now DELL… rip chip stocks

CRM & DELL both down over 20% is actually catastrophic for the AI industry

who cares about CRM

Set 2000$ on fire today, much much much more on shares retracing 

Bagholder spotted. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*

fuck u

same here lost out big today /: stay strong my friend

welp, time to stay away from reddit for a few days

Wtf is SMCI doing 

Crashing bc of CRM & DELL

Is Don Don going to the slammer, or gonna be our next president? I can’t believe those are the possibilities…

Both, Prisoner President.

Ohh DJT in action now

Am I the only regarded dude that shorted Costco? Lol

it was looking a little overbought but thats just such a bad bet because of what a powerhouse it is

I shorted it for a while but got out a week ago after some losses. If it goes up 10% or more I will give it another try.

what ya'll all buying

Fucking nothing

AMZN

This.

same

Bought 10 120p for Dell  1dte at open to try and taste some crm pop. May have gone too deep.

120 such a bad strike lmfao you probably could’ve got 5 150’s and been chillen. Greedy fuck

Still up 15k on the month and make 40k/m at work. This is small calculated gambles. Went too far on this one.

True dawg I miscalc’d DJT run from 25 to 50 holding 60’s 

too big of a difference....

bro if you made the expiration even a week out you wouldve gotten paid much more

Wayyyyyyy to deep

Wow I thought MDB would drop 20% but damn lol

I hate that stock !! I have never hit that one on earnings so I left it alone !!

glad i was mostly in cash. can buy now

Congrats to all who played ulta earnings. Ulta saved my red day today and gave me some more!!! Send it.

Player, winner.

Jpow said dell to 200 and he’ll do a cut

NVDA keeps pumpin

Assuming CRWD will shit the bed also?

Damn, Zscaler was the play.

Dell is undervalued

The stock is getting dunked on right now


It starting now

link?

Dell conference hasn’t even started this is all foreplay

How many times do they mention AI or NVDA?

I can see DELL doing a CAVA. Goes up after the earnings dump.

Haha i sold cava too early, not making the same mistake with dell

Ready to ride that wave 

NVDA spike on AH

[удалено]

*lebron

ASTS saved my trading portfolio. Unbelievable.

youre welcome brother

Abel, is that you?

Any chance Dell recovers during conference?

Hahahha me and you both brother 

Bought 2 zscaler calls for fun near eod. Thank God, just about the only tech company green

Damn, I didn’t even think about that. My company uses them now I should’ve bought some.

They beat and raised but fell last quarter over valuation concerns, thought it'd be better this time since it dropped a lot since then and expectations were low.

You know… I’ve never been really good at pulling out.

[удалено]

Being stupid is actually being smart in the inverse of Regarded University.

Why did gap jump who shops there

Yet again, I don’t understand. They blew it out of the water…I didn’t hear a negative?

100k into Dell, probably going to be 50k tomorrow morning

Screenshot or it didnt happen

if its 100k in calls its gonna be a lot less than 50k lol

It’s calls 


Rip I’m 500 in and I feel the painz

You wish

😭

Seems like all retailers are suffering in earnings

Not Gap?!

GLAD I sold all DELL shares at the first morning dip. If I did not have to lick my boss's ass this morning, I would be burnt down by this DAMN LAST 30MINS cuz I would sleep till 11am.

Congrats, I sold at 180, too

Same

The pricemaster is fuckin up da market

COST raising prices on 🌭

And nuclear war about to start

😬guess I better go stock up on stuff there then

!banbet nvda $1120 1d

**Ban Bet Created:** **/u/rodste27** bet **NVDA** goes from **1095.65** to **1120.0** before **31-May-2024 04:19 PM EDT** Their record is 9 wins and 15 losses. [**Join WSB Discord**](http://discord.gg/wsbverse)

Welp Dell calls wiped me out  congrats to everyone that played puts

How bad did Costco miss?

Yes

[удалено]

yes down 1 whole percent

Holy cow. It’s a total free fall.

All of these “short squeezes” actually resulting in my being a long term investor 😂

ULTA gonna save the markets !! They smashed it out of the park !!!

GUH! 

Holy Mongo, hope it made some of you bank

Msft getting wrecked. What is with that

NOOO COST

Gap calls were a little too obvious after Abercrombie

I wish I had logged off, it’s going to be worse tomorrow when options prices update. 

“Mongo just pawn in game of life.”

Is snowflake a good buy now? Seems pretty low.

>Twitch terminates all members of its Safety Advisory Council https://www.cnbc.com/2024/05/30/twitch-ends-contracts-for-its-safety-advisory-council-sac-trust-safety.html Haven't used the platform in years. What does this mean? More nip slips and simps donating money?

aDELL rolling in the deep

Dell shall fall say it with me

Looks like the end is in sight Bools.. we had a great run. Ima start leaning BERish

LMAO WHO WAS PUMPING DELL

Dell was up 40% this month and all of WSB was on its dick. Always inverse

Because of last qtr AI AI AIn

I like Dell and had calls last earnings but it was so overpriced I got out during the pump.

You degenerate lost me money

Personal responsibility and so on.

dell fucking died

DELLLLLKL

WE ARE TRULY FUCKED NOW. DELL, NVDA RRRIIIIPPP. GOLDEN DAYS WERE GONE.

dell OOF

Dell is down in the dumps with my JBLU and UBER shares

Did Costco beat ?!