r/wallstreetbets Jan 22 '25

Gain Thanks ORACLE

Bought at 0.05 last week and sold for $9.

13.4k Upvotes

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u/Singularity-42 Jan 23 '25

Is this insider trading?

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u/spyputs1 Jan 23 '25

Bro just had a hunch and dropped $9k on next week options

43

u/Commercial-Raise-413 Jan 23 '25

Ive known people who dropped twice this much on random names as a way to avoid paying for "expensive SPY options". As in they thought the next day would be red/green and didnt want to buy SPY options