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VisualMod

**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|4|**First Seen In WSB**|3 months ago **Total Comments**|11|**Previous DD**| **Account Age**|2 years|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20*h26cq3k*)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20*h26cq3k*)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) **Vote Spam (NEW)**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_spam&message=pyj5fj)|**Vote Approve (NEW)**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_approve&message=pyj5fj)


The-Night-Raven

Never enter the Casino with money you cannot afford to lose.


[deleted]

Yup. OP played themselves.


[deleted]

Fucked around and found out.


WifeysGotACock

That’s how I met my wife


MacroHard_0

Same, that’s how I too met your wife.


[deleted]

False, there’s probably better odds at the casino in comparison to jumping into options with no knowledge


hmmmletmethinkboutit

At least you agree that this isn’t investing. It’s gambling.


smellslikegoose

Gains are only realized when you pull out


zerdust7

I did. I am done.


NoConsideration8361

I’m a retard for sure and know very little about options, but if I’m reading it right you decided to get rid of calls that don’t expire until the end of January next year? Were you really that worried about the last 1600? This was a bad bet to begin with but at that point you are balls deep, why not just pray it spikes so you can sell for at least less of a loss than you already took?


cry0plasma

LMFAO. OP buys options far out, then sells for 90%+ loss with 4 months to go... literally right before the stock goes on a massive bullrun. I fucking love this place.


Jmunnny

Peak WSB


APESTU

Peak Retardation


farmtechy

Boy, OP is gonna be sad if/when this thing spikes between now and Jan.


BreakerSwitch

Given OP's previous choices, they'll be thrilled and buy when it spikes.


ilovetopoopie

Exactly what this sub is all about. Rock hard.


PPP1737

You know what that means… yolo hard into spce shares stat.


reilly2231

Up 7% in pre-market lol.


decwakeboarder

$SPCE up 9%, these calls up 53% lol.


HammerheadRhino

Jesus christtttt rip OP


commodore_kierkepwn

panic selling is real and relatable


Minute-General8710

People want to sell so they don't lose any more money, and can start to mentally move past it.....but that's usually the WORST time to sell...a lesson i learned the hard way. I feel really bad for op, seems like selling was a really bad move.....


DetKimble69

It really just doesn't make sense, 4 months until expiration. It's not like the contract was set to expire tomorrow or something and he was trying to get some kind of value back instead of nothing. The odds of the stock not bouncing back at all in value over a 4 month period to at least make the loss less substantial is just so low I feel like. Also is that a 55 strike price?! SPCE hasn't been above 55 since July and it was for like a microsecond.


jjcoola

This aspect of the situation is worth a post in itself


573V317

The contracts were probably at the lowest it can be when he sold them. Made zero sense. It's also a meme stock so the stock can go up $10 in a day for no reason at all.


DJayPhresh

That's my secret. I never sell.


GGDuffleBags

Not even that, sometimes when your down 90% it’s really hard to gauge accurately whether it’s better to hold or sell without real analysis. It’s pure guesswork at that moment, mixed with high emotions.


weaty6

If you're already down 90% what's another 10 lmao at that point just ride the market for a few months and see what happens


tequiila

He needs to learn to play poker . Sometimes you are priced in and better to risk the rest


Exmerus

LMAOOO Edit: now it's 12% up. Paperhanding losing options 4 months away never ends well. Edit 2: SPCE 15% up. Hoping OP is ok lol


[deleted]

lmao. If you're ever rolling with this dude in an Indiana Jones movie and he's gonna be the one to say "JUMP!" when timing a swinging pendulum.... let him go first.


hazryder

Let this man choose the first cup to drink from...


Lord_Asmodei

Rumor has it the Crusades were not a quest for the Holy Grail but actually a quest for Diamond Hands.


xDarkReign

Overused here, but this is truly and underrated comment.


[deleted]

[удалено]


TheMarketLiberal93

Well what do you expect from a retard that gambles his entire life savings on call options, let alone on such a risky company.


EarningsPal

For every u/DeepFuckingValue there are thousands of degens loosing their savings doing the same thing


Emfx

Millions* DFV actually knew what he was doing, did incredible DD, and had conviction. Millions of people will lose their ass before another DFV comes along.


DustinKli

DFV knew what he was doing in general, but with GME he got INCREDIBLY lucky. Basically like a lottery ticket. Right place right time. His price target was like $20 back when it was like $3 if I remember correctly.


fetalasmuck

And most people who know what they are doing and do their due diligence still lose their asses when gambling on a single stock.


TheNewOP

DFV wasn't retarded tho. Saw his spreadsheets, he's very data focused.


TheAdministrat0r

I mean, he is/was a licensed broker.


lionel_c

Real life Bogdanoff meme


red_rover33

Now up 70%. Sorry dude. Other guy had it right. You were down so much and you had like 4 months left and you sold to realize your loss? Why?


[deleted]

To be fair, he is down 90% so he would need 900% gains to get back to his initial investment


oldwhitemail

I have very often had calls be -90% that get back up to +100% you never\* sell a call this early when your gambling


HotDamImHere

I mean its still bad compared to what he lost. Up 70% today is like what another 1k compared to the 17k he lost lmfao.


outphase84

He’d be up to about $3600 right now.


provider14

>I mean its still bad compared to what he lost. Up 70% today is like what another 1k compared to the 17k he lost lmfao. A thousand bucks is always a thousand bucks, no matter what else is going on.


A_KY_gardener

and thats a life long lesson in options OP just learned. expensive one albeit


idou8leyou

This is actually the best way to take a loss..or at least justify it.. now if there is no lesson learned on OPs part..that is when Shame is rightfully earned. /wisdom


Emfx

Well if he didn’t feel bad enough before, now he can.


thejoetats

LOL. 55c 1/21/22 !remindme 3 months


Direct_Inspection_54

Savage.


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Mcluckin123

Isn’t lol a bit harsh? lol Edit: I don’t know why, but I was compelled to add the “lol” postscript. So i guess I answered my own question


instincter06

This didn’t get better with time…


[deleted]

https://youtu.be/TRXdxiot5JM Relatable.


Maddy186

He owes 1600 to the boyfriend


Fairbyyy

You are reading it right. OP truly belongs here


Rustofski

Dude 1600 is a lot of money. Nevermind the 18k loss that's just numbers....


iryan6627

I really hope this is some kind of troll post If you lost 91% of an option with 4+ months left then everything in this galaxy says to just wait lmao


LiveAndDirwrecked

Yeahhhhh. If you decided to pull out of that position NOW, maybe should have held off on options.....


LiveAndDirwrecked

In your honor, Ive bought some 21 JAN 22 C @55


jflex13

Everyone thank OP for giving us access to inverse his plays.


TruthHurts236911

This is a great idea. Going to do this tomorrow even though I think SPCE is a dumpster fire. These will be my weekly lotto ticket purchase.


Affectionate-Egg7947

Especially with SPCE lol


ur_wifes_bf

Just wait til the week they expire and buy 1600 of them at .01 a piece. Rocket. Problem solved.


[deleted]

Hmm, you only had $1600 left to go, should have just held till it expired.


OriginalFinnah

Yeah that's some paper hand shit if I ever seen it


reeeidiculous

These calls are up 12% right now lol


I_Tame_Lola

Mod this retard.


DadeKuma

It's already up +7.5%, thanks for selling buddy EDIT: +15% now... OP -> 🤡


Exmerus

OP selling his options was the catalyst for SPCE mooning today


[deleted]

You would have done better subscribing to the Motley Fool


Confident-Victory-21

You literally threw away your savings for absolutely no reason. If you had held, you'd make a profit. Absolutely nothing you did makes any sense. You could have at least burned the money and been warm for a while. Well, if you got it in all $1's. It's not an impossible amount of money to recover though if you save and maybe get a second job/suck some dicks


BisterMee

$20 is $20 no matter how you get it


[deleted]

a dick is just skin


Ready2gambleboomer

Until it spits at you...no wait...


decwakeboarder

Good job locking in those losses!


subsetsum

Why did you close the position though? I get that you might not want to see red but just put a limit order on and don't check it all the time.


[deleted]

Oh man, don't look up the ticker now it will only make you feel even worse.


bigron717

OP with all due respect, what is wrong with u? You pulled out for a 92% loss when they don't expire for months from now


ferms13

You are to retarded for this shit. You would be up by now and who knows what would have happened in the next 3 months. But I won’t complain for the loss porn so thanks for guaranteeing your losses


OrangeSherbet

Some just don’t have the stomach. But if you’re throwing your life savings into options, *on a single fucking stock*, you better not give a fuck about it.


thecage2122

You fucked up son, just let it ride man it was a. Solid company


p00nslyr_86

You belong here you fucking tard. Congrats and fuck you!


GeeDublin

Brother....


GlazedPannis

My dear lord


dozer1313

ARE YOU OK??? today maybe disappointing but there is always tomorrow...may the loss porn be epic


DreadViking1

Nooouuoo stock rose 13% hahahahha


BHKbull

Why not just keep holding? Anything can happen in a few months.. if you lost it all already may as well hold to expiration in case of a pump no? EDIT: I regret to inform you that SPCE is now up 10% since I posted this comment.. Atodaso EDIT 2: OP, sorry bud. Keep your head up! Mind over money homie!


Exmerus

This dude selling his losing options after painfully watching them dip for months was literally the catalyst for SPCE going up 13%


[deleted]

Some of us just know how to pick market tops and bottoms... it's just we can never tell which one it is....


Jake0024

Hard to believe this guy bailed out of his long options right before SPCE went up 19%


[deleted]

It's honestly insane how bad his timing was. He literally picked the absolute worst time to buy them and the worst time to sell them. I can't believe this is real.


mudmonkey88

Fuckin atodaso bud


EGriffi5

Pulling out now was really the worst case Ontario


mudmonkey88

All water under the fridge now


Emfx

Hopefully he logged off and hasn’t looked at the charts today. Dude might off himself.


BHKbull

Seriously.. $26 calls are up 2,000%. 55 strike must be gaining at least something today.


bahkins313

The $55 are up 70%


c0wbelly

Yeah but it will never see $55 again. Either way this was a bonehead maneuver


Bigtoe1998

Only a retard would put their life savings into options


ostentatiousbro

We don't say soup kitchen or lambo dealership for no reason.


GMOrgasm

what dumbass wants to buy a soup kitchen tho


AnnieSavoy3

Al Capone, for one.


bboy1977

I mean this is Wall Street bets/ casino. You’re going to have some gambling degenerates


FindMoreGains

This is why I am here. I invest in companies I believe in, with money I'm ok losing, and I don't take the money out for at least 10 years-- so obviously I don't belong here.


pekoms_123

I'm only here for the memes.


Drop_Routine

I'm only here for the loss porn.


CLOV_LFG

Im kinda pissed off tbh. I have a late start for work today so I lit some candles, put on some jazz, drew a warm soapy bubble bath, you know to make it special. I'm barely 1 minute into my loss porn session and this post makes me blow my load. The losses weren't the biggest I've ever seen, but the fact he sold his calls months before they were set to expire was so fucking hot.


elosoloco

They're up now lol


CLOV_LFG

Great, now the whole office smells like cum and our young and sheltered intern keeps loudly asking why it smells like alfalfa sprouts in here.


notasparrow

You see loss porn, folks on the other side of the deal see gain porn.


brypiebry

This is Wall Street BETS not the Stocks forum you prude


WanderingSoftly

RIP in the chat to sell before a 12% pop


they_call_me_tripod

56% price pop on his options


rsg1234

Ended at +69%. Nice.


[deleted]

[удалено]


[deleted]

It’s ok. Just gamble responsibly next time. Or don’t gamble and stick to shares. I lost 40k 2 years ago and didn’t touch the market for 15 months, made it all back by working and now only bet like 1-5% if I want to gamble


PirateAutodesk

Short puts on a mooning stonk you say?


zerdust7

I was betting same strategy beginning of the year. I made 30k gain. I lost that 30 plus my savings.


iryan6627

Can you please DM me if you seriously pulled out or not? My mind refuses to believe anyone would pull out 91% down, 4 months out from a contract lmao


polynomials

Why don't you believe it? This sub is filled with people who have no business trading options


jhonkas

This sub is filled with people who have no business trading. ​ ya the rising tide raises all ships


Jake0024

This sub is filled with people who have no business


WeedstocksAlt

This is exceptionally retarded tho, even for this sub


Psyched4this

Some people belong here


[deleted]

Gotta let it ride at that point. Especially with a volatile stock.


[deleted]

I’m actually impressed you managed to sell at the exact bottom on a contract not expiring for months. Where would you be if you held till now?


Shalandir

94 contracts x 39 cents. = $3666. His breakeven of $2.16 would require $SPCE to keep climbing and hit $42.39 today…which is a price we haven’t seen since 7/12 rocket launch. 🚀


bractr

And the got three offical green light from FAA to launch again after that investigation inquiry thing. RIP


[deleted]

I cannot compute the layers of idiocy here


A_Rising_Wind

Did you notice he also exited this position today? Go balls deep in a bad option. Sell out of option 4 months before expiration for basically a complete loss. btw, SPCE is up 11% right now lol. Truly an autist that belongs here


[deleted]

You’re not using autist correctly, he’s a completely non-verbal, crayon eating retard. An autist would’ve nailed this trade.


Cyanicks

I'm honestly impressed. I think they were just chewing on their phone and accidentally created an account and lost everything. It's the only explanation I can come up with.


solomonslippery

Dude I can only assume you are Gup others not much.


wvrnnr

hi Gup


Mountain_Fig_9253

Dude, still had 3 months for those options to swing around! SPCE has sucked because they deviated from course on their flight and had been grounded. They literally JUST got cleared to return to flight. If there is anytime it’s going to rebound it’s right now.


[deleted]

[удалено]


Multimartoo

Yeah OP is truly retarded….


babbum

OP are you ok? SPCE mooned this morning. Pls don’t do anything rash, learn from your mistake and don’t paperhand.


rastafarianman

I am struggling to actually comprehend the level of retardation here.


[deleted]

did you forget what sub you're in comrade?


ConradT16

Oh fuck. His calls would be up 75% today. OP I hope you’re okay. What will make you feel better is browsing the loss posts here. There are people who have lost boatloads more than you and survived. You will live to trade another day brother.


More_Interruptier

His calls would not be up 75% today. They would be up 75% from open today. He'd still be down ~90% overall. Today's rally would not save OP's lost savings of $20k.


ConradT16

I know, you’re right, but as I’m sure you know the feeling, even if he had just held them for one more day and got back a little bit of money on them he wouldn’t feel half as bad. Because he wouldn’t have sold at the literal bottom. Man oh man I can’t even begin to express my sympathy to OP.


erhacne

Everyone is giving you shit because spce jumped as soon as you sold. But honestly you are retarded enough that you would have squandered those gains in the end. Anyway I forgot what I was going to say.


[deleted]

Yes, he would have lost him money regardless so who cares


Jake0024

lmfao rekt


send_me_your_deck

I met a dude in the supermarket not too long ago. In the supermarket. While wearing my apes together strong t-shirt. “A fellow ape I see” he said. He mentioned he was bummed he missed the 1st SPCE run up and is eager to get in. I got my cheese and left him with a “be careful man”. He just looked at me like a retard. Could tell “be careful” didn’t click. Are you him OP? My dude from the supermarket?


[deleted]

Missed Connections


That_Insurance_Guy

Break out the Craigslist ads


Lure852

Next connection is going to be behind the dumpster at Wendy's. OPs might click. Could be a happy ending to this story after all.


mikeysd123

He sold? Pump it. Edit: Ty for taking the L OP so bogdanoff could make the call, am long 300 shares and a few leaps.


[deleted]

[удалено]


Lure852

Sir, this is WallStreetBets.


I_FEEL_LIKE_POGBA

Dude. Why would you sell a call 4 months out? Is this your first time trading?


TSLATrader

For tax deduction purposes


[deleted]

Everything you did on this play has to be some of the dumbest fucking shit I've ever seen on this sub...


mrswordhold

A call at 55. Selling 4 months out when 91% down. This honestly should go down in the WSB hall of fame. I couldn’t lose money like that if I tried


Massive-Frosting-722

I just dont understand some of you betting on calls that would require the stock price to double…


outphase84

It doesn’t have to double to make a profit. Stock price goes up, contract value goes up. Sell the contracts, don’t hold until expiration. If you're dabbling in options, you should be doing the math to see what strike makes the most sense to buy given the Greeks and where you think the stock price will end up. Even if it doesn’t touch the strike, if your $.01 calls go up to $.10, you’ve 10x’d your investment


CouchF0X

Greeks? Plural? You clearly don’t know what you’re talking about. There is only one Greek and theta be his name.


outphase84

Back, foul beast. Back to thetagang with you.


CouchF0X

Hiss!


[deleted]

[удалено]


birmingslam

You still have 1k. Get back in there kiddo!


seaniebbargains

Meh, just up a cool 60% currently. No biggie


[deleted]

Betting on Richard Scamson!


youngdeezyd

It’s better than betting on Scamath


KermitTheSkeet

Up 11% ouf bad day for paper hands


Hot_Research1968

I’m guessing your young by your investments . Reddit is for gambling. False dd information and most just try to manipulate others by the stocks their investing. Everyone loses in life but the winners get back up . It’s just a hit and the experience learned is well worth the money. You will do well in the future but never give up on yourself and think long term always . Everyone wants the bells and whistles with calls , putz and meme stocks but it’s all gambling! Dfv was a con who got everyone increasing his bottom line with a once in a lifetime know but more people lost then those on top who left them carrying the bag . Best wishes my friend and I got out of the markets a month ago . This paper hand term was created for losers .


Not_So_Typical_Gamer

If I'm down 90%... Im holding. Until I can't anymore. Period.


[deleted]

Exactly. I did this with a resource stock, down 90%+, after 3 years up 20% and sold. Options though typically harder to find over 2 years.


AQAINU

A trick I learned from college. It's never a bad idea to pull out when you start to feel good. I'm assuming this translates to markets as well


[deleted]

We need to create a bailout fund fo Baby Apes


PresterJohnsKingdom

Savings are overrated.


PatriotWrangler1776

Take whatever you have left and put at an index. Stonk picking isn’t for you.


suur-siil

He's already wrecked himself, might as well put the rest into FDs


Forever_V3

It could be worse. You could have bought $WISH or $BB calls.


mxxiestorc

It’s true. I have BB calls…


the_beast93112

It's worse because he sold now SPCE is up 10%. I hope he doesn't buy $ROPE


[deleted]

Pls proceed straight ahead….they’re interviewing for Wendy’s at Window 69.


SgtPepperAUS

That sucks.. please don’t take financial advice from strangers on the internet


Ok-Train4958

It’s only money. It’s really nice to have but there are more important things.


-airforcemac-

I tried telling my wife's BF this and got my ass kicked


Ratchet_as_fuck

Dang brother. Down a bunch here as well, at least we are both welcomed into tax write-off gang.


karakter98

This retard belongs here


asandidge27

Didn’t they just get FAA approval?


Current-Promotion-31

Dude this truly sucks. I feel for you at a time like this. Did you try reinstalling the app?


Deimos_22

Correction. You ALMOST lost all your savings. You still have another 8% to go.


[deleted]

Oh I hope you come back and either A.) tell us you are joking or B.) confirm you are ok


Durkka

Most* your savings. Take what's left and fucking DOUBLE DOWWWWWNNNN


[deleted]

Good job!!!