r/wallstreetbets • u/LifeIsYoursLiveIt • 18h ago

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

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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.

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u/isonlegemyuheftobmed 17h ago

1 day put like a proper degen

383

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

547

u/_DannyG_ 16h ago

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

88

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

13

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 🌈 🐻

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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.

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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 6h 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

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.

23

u/StonkaTrucks 16h 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.

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u/Majestic-Trader 12h ago

Or SPXS….

1

u/s3ver1na 11h ago

This. ^

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u/justhp 8h ago

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

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u/fragged6 15h ago

Hopeful regards(we are).

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u/Useful_Intern4114 15h ago

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

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u/Commercial-Tell-2509 12h ago

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

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u/Saltlife_Junkie 11h ago

Dear God seriously? Lol regarded

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u/Megg187 10h ago

All puts for a while

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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