r/wallstreetbets • u/LifeIsYoursLiveIt • 18h ago

Loss Lost $7,200 in TSLA... in 28 minutes.

Gallery image

Gallery image

At 10:19am I placed an order to buy 60 contracts of TSLA $240.00 Put... Was a market order and still didn't fucking place. So I canceled a couple minutes later. I would've made $20k.

At 10:47am I bought 32 contracts of TSLA $235.00 Put @ $279.00 per contract. TSLA skyrocketed ten fucking dollars right after.

At 11:17am I couldn't take it anymore and sold all 32 contracts of TSLA $235.00 Put for an average of $54.00 per contract.

-$7,200 in 28 minutes. Tesla has beaten me down in the equity in my model 3 performance, in the stock market, and now in the form of options. I hate you Tesla.

9.0k Upvotes

95% Upvoted

695 comments sorted by

View all comments

9.3k

u/KKLHY Wendys Dumpster Security 18h ago

you're the only bear that lost money today LMAOO

1.6k

u/Mairl_ 17h ago

how's it even possible?

1.3k

u/isonlegemyuheftobmed 17h ago

1 day put like a proper degen

384

u/Formal_Direction_680 17h ago

Paper hands do that to you, I’d know, I left 18k on the table for taking gains too early on SPY puts today

546

u/_DannyG_ 16h ago

Leaving money on the table is so different than a loss though. That's why yall are gambling addicts. Respectfully.

84

u/Useful_Intern4114 16h ago

Technically I left money on the table on puts today but 120% gain is absolutely crazy. And that’s what I secured. So I’m happy, I’ve got a new put position I’m holding until Monday. Let’s see how that goes…

26

u/Big-Muffin69 14h ago

Yeah thats the problem, i was already betting a sizable chunk of cash on shorting Trumps liquidation day, id rather just take the money and exit the casino. I got bills to pay son!

3

u/Useful_Intern4114 14h ago

Gains are always better than losses. You live to play another day

11

u/Intelligent_Jelly_26 15h ago

Stonk Market Kama Sutra, switching positions often to reach elation

1

u/Big-Muffin69 12h ago

I find switching positions has a high chance of getting fucked in both ends but what do i know, im just a 🌈 🐻

32

u/ChocolateDragonTails 15h ago

Baseline 10% tariffs go into effect tomorrow (April 5th), larger tariffs go into effect April 9th, imo it's only going to keep getting worse next week, and all the better for us degens

14

u/Folkdawg89 9h ago

Sure everyone is thinking this and probably will buy puts after being slaughtered holding calls. So expect a mini pump to absolutely destroy whatever’s left of their soul.

4

u/Illicit_Trades 8h ago

This☝️ matter fact, look at a fib extension on the daily spy chart. It's hit the 0% line at the end of market today. Watch it do the old bear market bounce next week then nose dive for the next 9 months💪😉🍾

3

u/TrentonMade 5h ago

Pre-Covid trend line is what I’m watching for potential calls.

2

u/BigSeth 3h ago

I'm a regard, how do I read this

→ More replies (0)

1

u/justhp 8h ago

anyone who is holding calls (besides LEAPS) is an absolute idiot.

1

u/BigSeth 3h ago

I'm literally not buying in until I see a pump of any kind, if it's money lost, so be it. There needs to be a rally, expecting sustained decline is as stupid as expecting sustained growth. Regardless of market conditions

1

u/Hot_Ad_7614 7h ago

Market is already pricing in all that bro.

24

u/StonkaTrucks 15h ago

Meanwhile I'm over here trying to buy calls.

17

u/ThreeEyedAngel 15h ago

Buy VIX calls then

14

u/StonkaTrucks 15h ago

Those are annoying since they don't move as much as you think they should.

1

u/Guderian- 14h ago

Booked 25% on Vix Apr 15 futures today. Twas moving way too much for me to be comfortable.

2

u/Majestic-Trader 12h ago

Or SPXS….

1

u/s3ver1na 11h ago

This. ^

2

u/justhp 8h ago

tell me what you are buying calls on so you can be my exit liquidity

1

u/fragged6 15h ago

Hopeful regards(we are).

1

u/Useful_Intern4114 15h ago

May the least regarded win! (Pls be me I’ve lost so much money this year)

1

u/Commercial-Tell-2509 12h ago

I’m going to say 6 weeks out… we are in the cradle. I’ve been waiting!

1

u/Saltlife_Junkie 11h ago

Dear God seriously? Lol regarded

1

u/Megg187 10h ago

All puts for a while

1

u/ClevelandDrunks1999 15h ago

Same I left about $2k on the table with the 250p for Tesla but took my $1500 from it will wait until Monday I swung a 500p on spy

1

u/Majestic-Trader 12h ago

We…why weeeeee are addicts…you’re in here too homie lolz

16

u/Prize-Bumblebee-2192 15h ago

A W is a W.

Could have been waiting for more and losing in the end.

Once I take my win, I don’t look at the option until next business day if applicable to re-enter.

Keeps my head straight and focused on facts - the money I have as a result and not the money I could have had

22

u/gounatos 16h ago

Cant go bankrupt by leaving money on the table bro

1

u/StonkaTrucks 15h ago

I just blew my account yesterday because I left money on the table on Wednesday.

Hard to be a robot, even for an autist like me who doesn't even care about money.

1

u/gounatos 15h ago

I left a shit ton of money by selling some of my Puts yesterday. But at least i wasn't stressed about 🥭chickening out today and fucking me with a green day.

1

u/StonkaTrucks 15h ago

I've been buying calls.

4

u/xMyDixieWreckedx 12h ago

Same! I lost 1,200 because I'm a paper handed bitch. That would have been 35k if I had held instead of getting scared during an uptick yesterday. FML

2

u/PugSilverbane 8h ago

My paper hands knocked me out of massive SPY two-day on Wednesday before the tariffs, and again today with my $517 SPY puts… if I had fallen asleep or been hit by a bus, I would have woken up in heaven one way or the other.

2

u/AutoModerator 8h ago

Well, I, for one, would NEVER hope you get hit by a bus.

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

1

u/Ashleynn 15h ago

I sold 519 put i held over night at open... it was up 1000% but uhhh yeah

1

u/Informal_Action_1326 14h ago

nah today u cant even be mad tjo when the chart has this many pullbacks

1

u/zfish1 12h ago

I had 30 525p's for 6/20 I sold two days ago for 145% profit. They up 425% rn. 85k

1

u/theo258 11h ago

I had spy $540 put for 2.50 and sold them yesterday for 5.5. They close at 34.57 😭

1

u/TheHowlerTwo 11h ago

There’s no such thing as taking early gains! They aren’t gains until you take them!!! No sweat brother !!

1

u/Immediate-Sky9959 8h ago

no one ever went broke taking a profit

1

u/Immediate-Sky9959 8h ago

Pigs get slaughtered

1

u/BigSeth 3h ago

Same, if I held my 10 210s I would have come out with about 11k during the end of day dump.

Think of the gains and not the potential and you'll feel much better about it.

2

u/Astronaut-Proof 14h ago

More like 0DTE, or a “FD” as it’s better known. It’s like gambling but worse.

1

u/Anon033092 15h ago

Ever hoovered barn yard schneef

1

u/TheoryApprehensive63 14h ago

This. All the people doing this is killing me inside man. Made 5k into 50 grand today. Still a couple of weeks left till expire date, so I’ll gladly wait for Europe’s Tariffs.

1

u/TwoShort100 12h ago

And then come on here looking for sympathy

1

u/Immediate-Sky9959 8h ago

should not play in the option space if you don't understand the market or understand options.

1

u/Tupcek 2h ago

1 day puts printed money yesterday

277

u/articulatedumpster 17h ago

1

u/Spiralgrind 7h ago

The retardium caused by excessive hopium use!

20

u/CarioGod 16h ago

it expires today and it looks like TSLA isn't going to hit his point

9

u/AgitatedStranger9698 13h ago

Actually not that hard really.

IV was insane today. I bought a funsy 450 put for spy at 3buck next week....SPY dropped ~5% like a fucking rock...the put was worht 1.15.

1

u/BatteryAcid420_ 11h ago

Implied volatility at market close was 25% for 7day spy puts, 100% for 7 day QBTS puts. Couldn‘t think of something to short that has less volatility than the S&P so basically the dealer said „no more bets sir“

1

u/TimeTravelingChris 11h ago

Moat of his position was at $235 which it didn't come close enough to until AH.

1

u/F_U_Pay_Me_ 10h ago

Paper handed. Tesla finished down on the day.. even from his entry

1

u/Halp_dear10 9h ago

IV crush