A friend told me to post this here, and helped me realize just how stupid I am because I did not. This morning I was feeling FOMO and thought I should try some low risk trading on a fun stock. I also thought
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an option is 1 share (It is 100 shares)
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Options are low risk because I don't have to buy the stocks so they are very cheap
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The premium listed on Fidelity is the total price that I was buying and therefore risking (It was per option)
I now understand what I did (not really) but I had no idea that I spent $65k this morning (my fault but fidelity should tell you also why can you spend that much from an app) and then went to a picnic and work and left my phone in my car. I'm never trading options again.
First option trade today
byu/raspberryKetchup inwallstreetbets
Posted by raspberryKetchup
30 Comments
hey bud keep up the good work cheers ok
Congrats and fuck you!
Hey bud have a beer everything is grand alright
lmao
I think the fidelity app tells you your potential gains and losses for options.
Wat
wait i’m confused, how did you spend 65k in the morning? looks like a fill at 18.1k that you sold for 127k
What? You didn’t spend 65k.
You spent 18k and sold for 127k.
You made 109k profit, accidentally…
**congrats and fuck you?**
BIG PICNIC ENERGY
Bro, you made $109k. You didn’t lose anything. Tf?
And tomorrow these will be 200k and how will fomo in again.
first one’s free. withdraw the money. delete the app. keep some for uncle sam
Classic
Even as satire I love this!
Jesus Christ LOL. What a post. Congrats dude
Fake and ghey
You made 100k by accident? What the fuck. LOL
When this hits the top I want everyone to know I had the 69th upvote.
Congrats and fuck you OP, you beautiful tard, you.
Mfs accidentally buying options are doing better than me
Is this satire? OP drops ~$18K on gamecock FDs not knowing what he just did, goes to a picnic and returns ~$100K richer!? Meanwhile I’ve been looking at charts all day only to lose money ![img](emote|t5_2th52|31225)congrats and fuuuuuuuck you
true WSBer uses words like FOMO, low risk and fun stock.
My favorite type of regards
Where are you getting this 65k from??
Troll post
I have both anteriograde and retrograde amnesia after reading this post. What the hell was that I just read
this dude doesn’t even know what an option is and he’s making more money than me ![img](emote|t5_2th52|4271)
This is upsetting
You’ll fit right in here
Congratulations OP. Just remember the first one is free. After that, Wendy’s nights behind the dumpster.
Nice work OP. Too bad you didn’t leave the app closed til the market closed