This is my first time logging in since January

I bought a ton of weekly far OTM puts on nvda and woke up today with huge profits! I am poor. Like really poor. Live paycheck to paycheck. I've been full bear since 2022. I usually put $100-$200 into the stock market weekly. Finally my full port puts paid off. This is only the beginning. I sold my puts today. Took my profits and bought uvix since options are way overpriced.

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.

Will exit 25% at +5%, 50% at +10%, and fully at +15%, or fully at -5%. The bear has awakened from the long winter. Ride it or be eaten.

China will impose a 34% tariff on all imports from the US starting April 10, according to the official Xinhua News Agency.

Could never catch a break in the markets. Still have 13k left and 15k in the bank. Ill be buying more calls soon. Will not stop until I make back my money!

Positions on left, but 3Q strike was cutoff:

25x SPY DEC 31 $435 put 10x XLK SEP 19 $145 put 3x TSLA SEP 19 $115 put 5x QQQM OCT 17 $135 put

20 wagyu straight from Japan for dinner tonight

https://finance.yahoo.com/news/china-files-complaint-wto-over-124325157.html

GENEVA (Reuters) - China said it had opened a formal complaint against the new U.S. tariffs with the World Trade Organization on Friday, saying the measures violate WTO rules and requesting consultations.

Earlier, China announced retaliatory additional tariffs of 34% on U.S. goods, the most serious escalation in a trade war with President Donald Trump that has fed fears of a recession and touched off a global stock market rout.

"China has filed the WTO complaint with respect to the United States' measures," the Permanent Mission of China to the World Trade Organization said in a statement.

The new tariffs blatantly violate WTO rules, it added.

In the standoff between the world's top two economies, Beijing also announced controls on exports of some rare earths which it dominates, potentially cutting the U.S. off from critical minerals vital to everything from smartphones to electric car batteries and defence.

Trump on Wednesday announced China would be hit with a 34% tariff, on top of the 20% he previously imposed earlier this year, bringing the total new levies to 54% and close to the 60% figure he had threatened while on the campaign trail.

Chinese exporters, like those from other economies around the world, will face a 10% baseline tariff, as part of the new 34% levy, on almost all goods shipped to the world's largest consumer economy from Saturday before the remaining, higher "reciprocal tariffs" take effect from April 9.

China on Thursday urged the United States to immediately cancel its latest tariffs.

The WTO Secretariat confirmed to Reuters on Friday that it had received the request for consultations from China.

Bilateral consultations are the first stage of formal dispute settlement. If no solution is found within 60 days, China could request adjudication by the Geneva-based organisation's Dispute Settlement Body.

Thank you, 🥭

Am noob, thought I was buying the dip, market reopening with -5% quickly taught me I was not. Should I hold?

https://finance.yahoo.com/news/us-economy-added-228000-jobs-in-march-unemployment-rate-rises-to-42-203511589.html

The March jobs report showed unemployment rate increased in March while the US labor market added more jobs than expected. The report comes as markets are in a tailspin following President Trump's stronger-than-expected tariff stance.

Data from the Bureau of Labor Statistics released Friday showed 228,000 new jobs were created in March, more than the 140,000 expected by economists, and above than the 117,000 seen in February. The unemployment rate rose to 4.2% from the 4.1% seen in the prior month. February's monthly job gains were revised lower from a previous reading of 151,000.

The jobs report comes as two days after Trump's shock tariff announcement sent markets reeling and raised fears the US economy could tip into recession. Ahead of Friday's report stock futures were already deeply in the red, adding to a $2.5 trillion wipeout from Thursday, after China said on Friday it will impose additional tariffs of 34% on all US products from April 10 — matching the extra 34% duties imposed by Trump on Wednesday.

Dow Jones Industrial Average futures (YM=F) pulled back 3.2% or over 1,300 points. S&P 500 futures (ES=F) sank 3.4%, while contracts on the tech-heavy Nasdaq 100 (NQ=F) dropped 3.7%.

Wage growth, an important measure for gauging inflation pressures, rose 3.8% over the prior year in March, down from the 4% seen in February. On a monthly basis, wages increased 0.3%, up from the 0.2% seen the prior month.

Meanwhile, the labor force participation rate fell rose to 62.5% from the 62.4% seen in February.

It's been a rough year but finally recouped all of my capital losses from several years ago. Never thought I'd be happy to pay capital gain taxes again. Started out with 35k last Feb. Pulled out enough to cover the rest of the mortgage.

No more YOLO trades or 0-1 DTE(unless I am committed to losing it). If I'm up x3, best believe I'm closing the position and not looking back. No ragrats if it goes x10 the next day. There will always be more opportunities for trades. Shifting to this mindset helped me out tons.

Thousands of trades but the most memorable ones were on SPY, COST, MSTR, LLY, TSLA.

Anyway see y'all when the casino opens or when I'm back at 0 again. Which ever comes first

How can you not love this man.

Context: They were talking about the Grateful Dead albums and songs.

Alright degenerates, I finally did it. YOLO’d on TSLA 250P expiring today, sold 20 contracts at $10.02, and walked away with a €16,373 profit (that’s 930%). The printer was in overdrive.

I could’ve held a bit longer… but let’s be real, I ain’t about to risk giving back these tendies. Lesson learned? Print and dip.

Position: - TSLA 250P 04/04/25 - 20 contracts @ $10.02 - Profit: €16,373 ($18,095) - Return: 930%

What’s next? Should I go full degen on QQQ weeklies or retire?

I thought l'd escaped the chaos of the markets when I stepped away from trading after the devastating 2021 crash. Four years of quiet reflection and rebuilding later, I cautiously returned to the scene... another market crash, just as brutal as the last. Had I learned nothing from my past mistakes, or would this second chance be the catalyst for redemption?

On January 15, 2025 I purchased 113 QQQ puts for a price of $4 per contract ($45,200), with an expiry of April 17, 2025.

I closed the position near the low today, and sold all 113 contracts for $27 each.

This was a roller coaster of a position. During the mid March drill down I was up about 200%, but kept holding. This past week I was down 75%, and said fuck it I’m holding and praying Trump tariffs drill the market, and well, the rest is history.

I definitely think the market will be heading lower from here but with expiry so soon, I can’t really be anymore greedy than I already am. I could very easily get caught in a bull trap/dead cat bounce next week and lose all of these gains.

I’m so fucking happy rn. Gonna probably pay off a massive chunk of my mortgage and take my wife’s boyfriend’s girlfriend out for dinner and maybe buy her a fancy purse idk.

Turns out if you keep gambling you do make it all back. You just need to wait for armageddon.