r/wallstreetbets 1d ago

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

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/Mairl_ 1d ago

how's it even possible?

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u/isonlegemyuheftobmed 1d ago

1 day put like a proper degen

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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

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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.