Well, that was a cool 1970 Chevelle super sport worth of losses… 🤦🏼♂️
When the dividend was sooooo so good you just keep putting 10k here, 20k there… and then start dripping the divvys… you get this kinda loss porn. Yes, Not options, not all in one day … but it's my own personal slow, embarrassing, painful loss porn chart to remind me that I am a regarded idiot.
https://i.redd.it/4c1l5uic51od1.jpeg
Posted by mr_money_moves
24 Comments
Holy shit
What was the dividend payout to you?
theres always time to pull out bro unless ur betting on an insane short squeeze
When you put it that way. Ya that sucks
Congrats, impressive! You will be able to buy a flintstones car or a bike if you keep at it!
Isnt investing fun!
I’m guessing you didn’t hedge? Dividend stocks usually have meh growth as funds use them as tools. They ramp up right before payout, and funds hedge the options, collecting on the div and the IV, post payout crash, while maintaining thier principle. I too learned the hard way
Dammmn
Still have enough for a Pinto.
Don’t yolo rope OP
You have 220k ish, you have enough for a 911 maybe. Or Goodluck on your next YOLO . 🙂
Don’t worry, 1970 Chevelle supersports handled like ass anyway. Underpowered for their size and the suspension might as well be jack-in-the-box springs. Brakes were an afterthought. The only people that like driving these do so because their parents drove them around in one.
It is also, coincidentally, a Mercedes Benz AMG GT worth of losses. And that, my friend, is a sad day indeed.
/Aim higher bro, you got this.
I gotchu fam
https://www.youtube.com/watch?v=f-eJcCDhHcI
A 70 Chevelle SuperSport … so far.
There are more losses to reach, OP.
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https://preview.redd.it/l57g66ggt1od1.jpeg?width=1170&format=pjpg&auto=webp&s=41710eab8f58850e1458f45e56815def4c5b1912
Wtf 😅😅😅
Yea i half ass invest for divies but more so shit like AVGO where you get low yield but growing dividend and appreciating share price
Doesn’t IEP stand for “Individual education program”?
It might be a 70 Chevelle SuperSport loss but hey it’s not even a tenth of a G.U. (Grandma Unit).***
***Sometimes known as a Nana Unit (NU) on the street.***
***A G.U. is a specific unit of measurement indicating extreme regardation, valued near negative $700,000. This indicator was not developed by me, I don’t math, but by somebody that does math.****
***All rights reserved Potato Writer.***
Geee the US does have cheap cars
Do you plan on still holding long term or do you think you’ll cut your losses sometime this year?
I’m guessing the payouts dropped as the price did, if that’s the case why not buy puts with the first payout, offsetting losses? if the price goes up the payout would’ve stayed the same..? And you wouldn’t have lost 100% of the put. If that’s how it works it would’ve seemed riskier but been safer
The play itself would still be down 50% but you could’ve made it back at the same time
when the dividend is just too good. well you know what they say…