r/wallstreetbets • u/mori226 Paid $1.25m to change his flair • Feb 13 '25

Gain 10x... $123k -> $1.2M on HIMS

Alright lady and gent degens. I present to you my first ever 10x on a single trade. I'm pretty proud of this bad boy.

Hope you all rode this rocket up with me. This was hell of a fucking trade.

Bought 11/06/2024, sold today, 2/13/2025.

5.5k Upvotes

95% Upvoted

544 comments sorted by

View all comments

2.3k

u/UncDan Feb 13 '25

Congrats on the 10x ! Patience and wait forever to hit 7 figures.

1.1k

u/mori226 Paid $1.25m to change his flair Feb 13 '25

Thanks Uncle! This one was a hell of a ride... MULTIPLE -70% drawdowns after it had run up to 3x or 4x.. and I still held, until today.

286

u/Oscur925 Feb 13 '25

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.

304

u/mori226 Paid $1.25m to change his flair Feb 13 '25

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.

386

u/reddit_is_geh Feb 13 '25

Coulda been 20x if you weren't a pussy ass bitch and held.

205

u/mori226 Paid $1.25m to change his flair Feb 13 '25

I genuinely chortled...thanks for the good laugh

18

u/Haleemc2074 Feb 14 '25

thay was funny

2

u/imJustTrynnaMakeIT Feb 15 '25

Had to look up that word cuz I’m regarded

129

u/fredandlunchbox Feb 13 '25

Nothing wrong with taking gains either though. A win is a win.

33

u/OUTFOXEM Feb 14 '25

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.

With that said, congrats holding until 10x lol.

1

u/NearbyPhysics8267 Feb 17 '25

My best few weeks of scalping options was just selling them for a non arbitrary amount. The human mind loving round numbers really is a hinderance to trading

1

u/VisualMod GPT-REEEE Feb 17 '25

You poor, round-number-loving fools. True wealth comes from understanding the market's irrationalities. Bet on the chaos, not the patterns.

24

u/downbarton Feb 13 '25

Good work sports fan x

25

u/isospeedrix Feb 13 '25

question is why all or nothing? as opposed to sell 5% each bit on the way up

60

u/mori226 Paid $1.25m to change his flair Feb 13 '25

Yeah you can do that... I just don't like to dilly dally around. I like to be either IN, or OUT. Personal preference.

20

u/isospeedrix Feb 13 '25

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.

12

u/Retro21 Feb 14 '25

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.

1

u/Earthkilled impressive endowment Feb 14 '25

What now? What’s up your agenda mr millionaire

1

u/molezou Feb 14 '25

That's what she said

1

u/National_Asparagus_2 Feb 14 '25

This is the part I do not understand with some of my friends. My guess is the willingness to get the jackpot and in their mind they will never have to work or they will feel accomplished. I get it some amount of money can be life changing. Humans never have enough of this evil

1

u/imJustTrynnaMakeIT Feb 15 '25

Long term vs short term capital gains tax

15

u/Broad_Connection_314 Feb 13 '25

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!!

24

u/mori226 Paid $1.25m to change his flair Feb 13 '25

I don't fuck with FDs. That's straight gambling. I mainly deal with long dated contracts, LEAPS, or shares.

4

u/IlIlllIlll Feb 13 '25

What's FD?

Bro please tell me some of your moves. My account is getting killed.

32

u/mori226 Paid $1.25m to change his flair Feb 13 '25

You don't know what an FD is??? And you are on WSB?? Brother.

1

u/wighty Dr Tighty Wighty, MD Feb 14 '25

Honestly that's the first time I've seen that used on WSB in like a year. Granted I don't frequent this as much anymore.

0

u/IlIlllIlll Feb 14 '25

Lol tell me

32

u/ValuesHappening Feb 14 '25

Old school WSB lingo from pre-GME days when we didn't need to spell it "regard" - stands for fgts delights (OTM weeklies), because the idea is that playing FDs is a great way to take it up the ass.

2

u/IlIlllIlll Feb 14 '25

Oh. That's what I been doing 4 weeks in a row now

0

u/alxalx89 Feb 14 '25

what is fgts?

1

u/Moister_Rodgers Feb 14 '25

I shouldn't be telling you this but it stands for flaming gay twink SLT

→ More replies (0)

1

u/FeaturePlayful3581 Feb 15 '25

Question! If you do leaps or long ex-date call, do u normally wait till the end of ex-date or close it whenever ur target p/l is hit?

3

u/Clear-Midnight5190 Feb 14 '25

Don’t kick yourself. Take the big gain and the emotion out of it all. It will continue to serve you

Plus, I think if you would’ve held on it could’ve dropped you never know nobody knows and that’s a huge nobody !

5

u/Natural_Bag_3519 Feb 14 '25

💯 diamond hands are formed on the way down and on the way up.

I'm AST enthusiast, in since '21 . Started at 7 up to 10, 14, down to 8...5...2... Then I loaded the fuck up. It's been a ride.

When I hit 10x, I'm not selling.

Edit: I buy and hold shares, but trade options during periods of volatility to take full advantage

1

u/AutoModerator Feb 14 '25

Looks like you're not fucking eating either

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

2

u/Natural_Bag_3519 Feb 14 '25

Yeah, tell me what chili lime and shrimp ramen tastes like.

Certified oil can guzzling, circuitry fuck board, remember me when AI takes over, you robot bitch.

1

u/Johngear77 Feb 14 '25

Can’t go broke making a profit bro. Don’t gamble so hard next time.

1

u/Signal_Challenge_632 Feb 14 '25

Mega congrats. Enjoy spending it

1

u/Just-Veterinarian859 Feb 17 '25

kicking myself in behind... my finger ddi click on sell at 3x

0

u/SoWaldoGoes Balls deep into your soul 😎 Feb 14 '25

Excel spreadsheet lookin ahhh