You played this so perfect man congrats. This shit dipped hard soo many times I’m sure you were debating closing the position out multiple times. I’m currently sitting on 20k gain in shares but it was easier for me to ride the dips because it was just shares lol. Kicking myself for not getting some options as well either though.
Yes... most people don't understand how incredibly difficult it is to hold to 10x like this. So many times, I was tempted to take profits, finger hovering over the sell button. Around 5x and 7x, I ALMOST got out.
I have lost so much money waiting for round numbers (ex. 10x vs. 9x). I’ve had to tell myself that if I’m going for +$500 just take it at +$478. It’s been my biggest issue personally with options.
dam im the literal opposite. i just have limit orders set at different prices so a portion sells when it hits that price. too much fomo if i sell everything too early it feels psychologically safer.
Well it is safer, and what most professional traders do. For every post like OP there will be hundreds who could only be all in or all out on a trade and end up losing their lot.
I sold my 2/14 $40 calls for 6x returns. I bought them on 1/31 so wasn't a long hold but am kicking myself for letting them go before the super bowl. I wasn't sure if for some reason there would be a negative news cycle after and drop the price. Congrats for riding this out to 10X!!
Yes, I was going to see how it played out before ER. I was really banking on getting out on a huge short squeeze, which is exactly what happened I think. This is a telltale short squeeze.
They did also announce that the superbowl ad generated 650% more traffic to their platform causing record high numbers of new customer registrations and platform activity hit record highs.
People are so short sighted with this company its crazy, for whatever regard that reads this:
- its founder lead, so there's skin in the game
has a really attractive balance sheet
- their design people are fairly competent, and so is the marketing team
has beat 15/15 earnings, so its not like they suddently got a hold of how to run the company, they always did
- their board/expertise of big boys is fucking crazy, FDA ppl, NOVO ppl etc
these fucking idiots are about to start printing and they still have not even developed the HERS side of the business (you know hoes pump numbers like no other), they just recently announced menopause stuff (AFAIK relatively "niche" market, so all of dem soccer moms might hop on it if it gets popular with their marketing)
- they keep expanding their product line, now including food and snacks too... so if ur a fat fuck you got your glp1-ish, and your medical expert chatting you up in ur smartphone perhaps recommending those nice high protein bars they sell too
- they keep developing the personalization side of things, which is also really nice, as numbers show (people stick way better to treatments if they aint puking their guts out because of high dosage, or not noticing shit because of low one)
- rfk hates big pharma, so if these dudes start selling bluethamine or whatever fucking trendy things nutty ppl like nowadays, he's all in too
- trump didnt apply tarifs on pharma (so he at least understands the relevance of keeping that market going without disrupting it)
- actual usage of IA which we all know gets ppl harder than their pills
etc
etc
etc
I can legit keep going for an hour, and there are risks (amazon going all out on their side of things, some big shit decision...) but I say it when I mean it, this shit right here might be generational wealth type shit considering the mix of a good business + jawdropping valuations
I got, after today's rush, like 60% of my portfolio on this - been in since 17 bucks, didnt sell a single share and just added up
My personal PT is 70-80 bucks right now, I really see how this company could be 15-20bmarket cap and completly make sense NOW (so I thought the market would take this whole year to realize, this rush is a surprise tbh, had no chance to stack up at good prices)... so imagine if they keep pumping numbers & beating earnings....
It actually never went below my buy price after I bought... But it went -70% from the top after going 3x ($6.6 was the contract price) on the "OH NO AMAZON IS GOING TO KILL THIS COMPANY" FUD and it dropped 20%
absolute beast of a trade. the self-control to not cash out early? legendary. diamond hands paid off big time. $123k to $1.2M is the kind of move that turns you into a myth. enjoy that well-earned victory lap.
Selling it now is the best possible time because you can leave the gains invested for a year. (Versus selling in say, December, where taxes are due pretty damn soon.)
If you leave all of it for a year in a regular ETF, you only pay 20 to 22% of capital gains versus the whole 30%. This is counting the money you would make in a regular market for the whole year.
Plus, the taxes you would pay on the now invested money leaving it for a whole year is only regular taxes, and not capital gains.
The other option is to take out 30% and hold it or put it in a HYSA.
10x on a non 0DTE option is not easy. We'll see, but it's very possible that you also top-ticked HIMS. If so, this will be in the running for best trade of the year.
Is there like a fantasy stock market simulator? I want to start playing around with call and puts but not with my real money until I learn more about what it entails. Any suggestions?
Bought 800 shares at $21, sold on that Thursday before earnings when it dropped suddenly to $17's. All I had to do was hold and I'd be about $25k richer and not carrying over capital gains losses year to year.
I have studied their financials yes. Fundamentals has to be extremely solid for me to buy. For example.... When I bought these calls, PE was <40 and the stock was trading <20 FCF for the full year 2024 with a PEG near 0. You don't see a cash generating monster of a company like this at <$4B market cap and growing the way they are. This was truly a gem. Still is severely underpriced. It's not just dick and fat pills. They are creating new products and services at breakneck speed. Their customer stickiness is like gorilla glue, and the whole TAM they are playing in (i.e. The healthcare industry) is so gargantuan, it basically drives the economy some would say.
So there, I'm spilling the beans on why I bought HIMS.
I actually bought a pretty large stack of shares just now on HIMS. This company is executing to perfection. I think on fundamentals they are 5x on shares alone in the next 1-2 years.
Just look at the earnings growth… now imagine if they just keep increasing subscribers (only at 2 mil rn)… this thing isn’t just a telehealth company, it’s a streaming service.
Glad to hear your confidence in buying it today! I'm with you. HIMS shares have ballooned HIMS-like to my 2nd largest holding, just past RKLB today. Too bad I didn't buy calls then (but did get LEAPS on $5 '26 RKLB last spring which I'll probably exercise eventually. And, oh yeah, my own little 10X+ gain cashed in today: BBAI 2/21 $6 bought in Jan. I don't do those complete gambles short term often, so the win felt 'special'.)
The CEO talked about Gaza trended for a bit on X, Everyone started dumping the stock, I looked at their financials they were absolutely gold, bought at that same moment i think it was at $12
How much is a "multi-millionaire" here, 3ish million or 50ish million? Because 40 isn't that young if you're not deep enough into the millions to comfortably retire.
My NW is between 2 and 3 million in my low-to-mid 30's and there isn't a day that goes by that I don't think about going for moonshots. If I could even just double my money, I'd retire tomorrow. Would love to retire before 35.
Brother isn’t life changing money enough for you, buy some ETF/dividends and crypto for some spice and hold? Might get carried away chasing more gains. Would suck to lose it all and revenge trade if you happen to lose some of these next plays.
I panic sold all of my HIMS shares on Feb 3rd when everyone thought the market was going to collapse from the tariffs that never went into place. I had a good chunk of change sitting in there since December that wasn’t doing much so I pulled it out just to get my money back (I think I made like $30 😂) Now I’m pissed.
Now please don't waste this extremely valuable opportunity at a better and easier life, keep trading those 200k and put the million somewhere safe, either a growing portfolio or a dividend one, if you lose it all you'll regret it🙏🏻
Is there like a fantasy stock market simulator? I want to start playing around with call and puts but not with my real money until I learn more about what it entails. Any suggestions?
I've got 100 shares at a $7 cost average, I very much regret not buying more over the years especially when it was sub-$7.
And now I got myself in a situation. The other week I sold a $44 call and got $90 for it. I thought the stock was running for no reason and tariff dumps would kill it. Incredibly wrong there haha. I don't want to get assigned.
Any advice on where you would roll my strike out to? The call is buy back is currently $1,123...
Congrats on riding the bucking Bronco that is HIMS. Was way too much vol for me so I left at a break-even but yeah, great trade size, great option selection, and way to go on holding on for dear life.
Damn bro. For comparison, how much is $123K for you in context of like salary or whatever. I’m curious if this is just pocket change for you and if an extra 1.2M is like peanuts lol.
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u/VisualMod GPT-REEEE Feb 13 '25
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