r/wallstreetbets 💎Diamond Testicles💎 1d ago

Gain 27k -> $765k BABA $125p 4/4

Enable HLS to view with audio, or disable this notification

3.0k Upvotes

348 comments sorted by

View all comments

Show parent comments

167

u/DegenOptionGuy 💎Diamond Testicles💎 21h ago

It actually topped out at like 11-12 I left like 250k on the table

18

u/Anal_Recidivist 20h ago

I’ve been working up the knowledge on this stuff and understand the concept of calls/puts, how the calculation works, etc.

But when you sold your puts, who bought them? Investors/funds or sold back to market like any stock?

244

u/DegenOptionGuy 💎Diamond Testicles💎 20h ago

Who cares?