No, regards. Obviously I would know if I was an insider. But this feels like what insider trading looks like from the other side on little stocks like this fella… why would only my calls pop off? And on a day where the stock falls nearly 20%??
https://i.redd.it/7izhik55t49d1.jpeg
Posted by stamosface
41 Comments
lol OP celebrating 1 accidental green trade in a sea of red ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)
Heard of IV? Theta? Some other letters?
The bid ask is fucked. These are not sellable
Bid/Ask spread blip. Just because someone was trying to sell these options for a ridiculous price doesn’t mean there was someone willing to buy them
Bid/ask is bouncing around
Spread is wide
You got lucky the phrase you are looking for is “I got lucky”
You are probably the only one buying that turd
What’s the volume
it didn’t pop off. There was a sell order for the minum bid and no buy order at close yesterday. Today with the huge movement IV went up a bit so now there’s a big for 10 cents as opposed to 0 bids from yesterday.
You see how everything else is red? because those at least had some bids at close yesterday. 12 dollar call was just so unhinged and worthless that an IV pop made it look like it went up that much.
Reality is if you tried to buy that call yesterday, you would have to pay a big spread and you would not have been up.
Missing the forest for the trees.
FBI this guy right here
Lmao
Bro it trades .05 increments with wide spreads. Doubt you’d get buyers at that price. Sometimes the ask fluctuates causing jumps in price for low volume options, but that’s not a real price.
Op believes that the bid ask spread on rh is indicative of the price he can actually get for the options. Try selling at that price lmao 🤣
Bro I’ll help you out and sell a call for $5.00, you’re gonna make so much money bro
Let’s see the actual sale order. We know that those RH option values can skyrocket like crazy until you actually hit the sell button and the spread kicks in
Insider trading? Bro you made like $3.50 calm your tits lmao. Holy shit I just read the rest of the thread, you belong here OP.
https://preview.redd.it/iqhlb6oed59d1.jpeg?width=1179&format=pjpg&auto=webp&s=654603c14b881b0f4445a67a5f9c1652bb61e3f2
All I see in this sub lately is option trading, where can an absolute moron like myself start to learn about it and lose all my money??
Accidentally on purpose
![img](emote|t5_2th52|4259)
You’re going to jail buddy ![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4275)
This post had me laughing so hard while waiting in line for my food
Try selling them OP
Yeah you definitely belong here 🤣
Lmao I wish I new how to understand this
Sometimes I seriously wonder how the f*ck some people put their money somewhere they know absolutely nothing about.
Just DCA into etfs and big stocks let it sit and do your gambling on sports or something entertaining.
Options are for suckers.
Suckers that brag about 1 green trade in a sea of red
I want to clarify, I did not make any money off of this. I bought at $0.55 and I don’t want to explain why only because it’s embarrassing
Stupid fuck
Gambling isn’t insider trading.
Learn greek
![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
Why would you buy options on this random ass stock with literally 0 volume if you dont even know how options work? Next time you want to throw money away just venmo me.
Do you really mean “inside trade” or do you mean hedge?
You don’t do inside trading if you have no knowledge. If investigated they’ll look for knowledge first. If none to start with it’s not at all.
oh boy, someone trading options without understanding their liquidity. RIP
CHwY
Did you make the trade inside or outside a building?
It’s called sniping the option chain. Will you find a strike price that the market maker obviously messed up on. However, usually, these things are found in non liquid stocks. IE wait until try to sell.
OP has reached an unknown level of regard
Well if you did you definitely don’t want to be posting it here. True regard move.