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    Proof it’s all luck

    Last time I told my girlfriend to randomly buy an option to see how she does. She is a trained nurse and has absolutely no fucking idea what an option is. I told her calls if you believe it goes up or puts if you believe it goes down. She looked through a few charts and decided to buy 126$ NVDA calls 07/19 at the bottom of the dip.

    Well, all I’m hearing now is that I’m an idiot as I lose on every option I touch (I’m majoring in finance at a renowned university in Germany) + I guess she’s addicted now.

    Cheers

    Proof it’s all luck
    byu/Neither_Tomatillo_58 inwallstreetbets



    Posted by Neither_Tomatillo_58

    View 40 Comments

    40 Comments

    1. ulumulu23 on

      Good job getting another one into the fold OP ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)

    2. 1776_MDCCLXXVI on

      How do you lose money on every option you touch? Are you exaggerating? Please tell me you are. Maybe let your girlfriend trade your account for you instead…..

    9. patrickswayzemullet on

      A Mathematical Finance degree gives you the mathsy understanding of expectations and options pricing… and perhaps learning fundamentals (discounted value WACC whatever)… but for actual trading you need the experience and maturity to understand the trend…especially if you are buying long calls/puts.

      When you actually do the maths selling puts/calls make way more sense (or at most do diagonals when you are super convinced)…

    11. BreadfruitWorking663 on

      My wife bought 30 shares in April on the dip . She’s up 60% . I played options and my account is down 80% . So I’m an idiot too don’t feel bad .

    16. Wooden_Pomegranate67 on

      I turned $1K to $12K on the first option I ever bought back when I was in college. Wow, so easy I thought. Surely, if I keep my trades to $1K each, I couldn’t possibly lose on 12 trades in a row.

      I was wrong….

    19. cosmicyellow on

      Put on some lingerie and ask her to choose between MU, AVAV and FSLR. They will ask skyrocket in the next weeks. Make her horny for exercise and assignment.

    20. Powderfinger60 on

      Markets are emotional & irrational in short time frames. She probably surmised by looking at a chart that recent history showed it’s more likely to go up than down

    24. makerofpaper on

      This is so legit. I gave up on trying to pick individual stocks myself and just let my wife pick em. Last 4 she has picked: CAVA (3x), LULU (lost ~15% and then I dumped it), RDDT (up 27%), and TSM (up ~25%).

    25. SweetNSour4ever on

      well no shit, no one can predict it to a T or they would be a richer than the entire world

    35. BigEE42069 on

      My wife did a year long option call on honest stock didn’t know options either. She uses their products and is a huge Jessica Alba fan. She spent a few hundred dollars on 3 dollar calls bought about 1,000 contracts. sold it for 30K profit a few months back when they reported their first profitable quarter. It would’ve peaked over 100K had she held a little longer but the game is making money.

    36. ryanv09 on

      Naked options are luck. Short-term naked options might as well be a literal slot machine.

    38. rwtf2008 on

      Just tell her your prior trade losses are her fault for not overseeing you. Really it’s gross negligence for letting a known regard trade without adult supervision.

    40. LV080606 on

      This is why I’ll never trade with my wife. She thinks I’m a genius, I don’t want to prove her wrong. I get more tail this way too, just an fyi amigo

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