r/wallstreetbets • u/LifeIsYoursLiveIt • 1d 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/_BreakingGood_ 1d ago

When somebody puts real money into TSLA it gets sucked right out

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u/LifeIsYoursLiveIt 1d ago

So I've learned.

It's like the casino. You put in a little money here and there and win off of it.

Then you feel confident, go in big, and get fucking rinsed and kicked out of the casino.

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u/isospeedrix 1d ago

no offense but i wouldn't say 7k is "going in big"

its just a couple months rent for a lot of folks

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u/LifeIsYoursLiveIt 1d ago

True, $7k is a lot, but measly in the grand scheme of things.

A $7k lesson that will carry me through life. I'm okay with that.