r/wallstreetbets • u/LifeIsYoursLiveIt • 1d 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.

11.8k Upvotes

94% Upvoted

808 comments sorted by

View all comments

10.7k

u/KKLHY Wendys Dumpster Security 1d ago

you're the only bear that lost money today LMAOO

1.9k

u/Mairl_ 1d ago

how's it even possible?

1.6k

u/isonlegemyuheftobmed 1d ago

1 day put like a proper degen

449

u/Formal_Direction_680 1d 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

666

u/_DannyG_ 1d ago

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

103

u/Useful_Intern4114 1d 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…

33

u/Big-Muffin69 1d 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!

10

u/Useful_Intern4114 1d ago

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

17

u/Intelligent_Jelly_26 1d ago

Stonk Market Kama Sutra, switching positions often to reach elation

1

u/Big-Muffin69 1d ago

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

34

u/ChocolateDragonTails 1d 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

21

u/Folkdawg89 1d 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.

5

u/Illicit_Trades 1d 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💪😉🍾

5

u/TrentonMade 1d ago

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

2

u/BigSeth 1d ago

I'm a regard, how do I read this

→ More replies (0)

1

u/justhp 1d ago

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

1

u/BigSeth 1d 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 1d ago

Market is already pricing in all that bro.

25

u/StonkaTrucks 1d ago

Meanwhile I'm over here trying to buy calls.

19

u/ThreeEyedAngel 1d ago

Buy VIX calls then

15

u/StonkaTrucks 1d ago

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

1

u/Guderian- 1d ago

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

2

u/Majestic-Trader 1d ago

Or SPXS….

1

u/maltewitzky 13h ago

Or long uxvy. Bought on Monday 1 option 529 for 450 $. Sold on Friday for 6.500 $. Would have been at 12.000 at the end of the day.

1

u/s3ver1na 1d ago

This. ^

2

u/justhp 1d ago

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

1

u/fragged6 1d ago

Hopeful regards(we are).

1

u/Useful_Intern4114 1d ago

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

1

u/Commercial-Tell-2509 1d ago

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

1

u/Saltlife_Junkie 1d ago

Dear God seriously? Lol regarded

1

u/Megg187 1d ago

All puts for a while

1

u/ClevelandDrunks1999 1d 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 1d ago

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

19

u/Prize-Bumblebee-2192 1d 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

26

u/gounatos 1d ago

Cant go bankrupt by leaving money on the table bro

1

u/StonkaTrucks 1d 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 1d 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 1d ago

I've been buying calls.

6

u/xMyDixieWreckedx 1d 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

1

u/Ashleynn 1d ago

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

1

u/Informal_Action_1326 1d ago

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

1

u/[deleted] 1d ago

[deleted]

1

u/theo258 1d ago

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

1

u/TheHowlerTwo 1d ago

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

1

u/Megg187 1d ago

Same

1

u/Immediate-Sky9959 1d ago

no one ever went broke taking a profit

1

u/Immediate-Sky9959 1d ago

Pigs get slaughtered

1

u/BigSeth 1d 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.

1

u/Warrlock608 20h ago

You will torture yourself dwelling on what could be. If you made money, you did better than 90% of America, enjoy your win!

1

u/kloppov_A4 16h ago

But taking gains is still a plus.

1

u/VirusesHere 11h ago

I feel this. Took profit way too early. Still practicing yoga to gain the ability to kick myself in the nuts.

1

u/PugSilverbane 1d 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.

3

u/AutoModerator 1d 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.