Long time lurker, casual trader who never really made a lot of money off the stock market. Back in April some people in here were hyping up $ASTS, so I decided to say fuck it and I bought a bunch of $10 call options because they were quite literally dirt cheap and I didn't have much to lose.

    Holy fucking shit, I wish I bought more.

    It went up $20k in just the past two days. I have never seen this much money at once before in my life. Whoever the fuck was hyping up ASTS a few months ago, thank you. I'll buy you some Intel shares, my treat ๐Ÿ™‚

    https://i.redd.it/bjk4drkna1jd1.png

    Posted by ClaspedDread

    41 Comments

    1. Europe-Trader-1991 on

      1000% gain is enough mate, sell and roll it into Palantir and AMD shares. ๐Ÿ˜‰

    2. I just made a killing with puts from 36 to 29 so all I have to say is lock in profits and if you have calls make sure they’re long term.

    3. SeveralBollocks_67 on

      Withdrawl, delete app. You can do a lot with this money. Down payment on a house, jumpstart your 401k, purchase a reliable vehicle etc. Gamblers fallacy is a curse. You won, now get out before its your turn to lose.

    4. ConsciousVanilla8213 on

      If you didnโ€™t sell itโ€™s not worth to screenshot or -anything for that matter ![img](emote|t5_2th52|31226)

    5. CunningLinguistt on

      Sell it!! Don’t learn this next rule the hard way: good enough to screenshot, good enough to sell

    6. Noise-Upstairs on

      This company isn’t even in the sky yet. Anyone with a simple understanding of what they’re doing here knows this is nothing yet.

    7. General_Tangelo_1032 on

      Take the profit and only use small amounts for continued WSB gambling if u decide to

    8. ComposedStudent on

      Take some profit while you are ahead. Don’t make the mistake of losing everything.

    9. AntiqueWay7550 on

      Remember youโ€™re invincible & the chosen trader. We need a new Warren buffet and the regarded gods have chosen you.

    10. Looking at April and that is a good setup.. may might be safer since support was really tested

      But to buy calls that out of the money is truly regarded

      Makes sense if you run the extension but still price and time need to both be correct

    11. Secret-Medicine-9006 on

      Just follow the vp and congress trades the market is crashing but theyโ€™re up? Not a hard string to follow

    12. Congrats friend! Do future you a favor and stash a bunch of that away in index funds and whatnot.

    13. Noob Question: are people still mostly using Robinhood? I took a few years off since the last time I was investing. I lost out on $48,000 a few years ago because while my money was tied up in AMC and DOGE, I got arrested during the peak and was unable to sell. By the time I got out of jail I sold all my stocks for only a $500 profit

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