Bought 100 SPY 550 calls EXP 9/13 for $10k at roughly 7:14am which turned into almost $60k at the end of trading day. Too bad I couldn’t sell and take profits due to a day trading restriction. Hoping to sell these tomorrow at open. Just wanna make back all the money I’ve lost over the years by being greedy and gambling on ER. Today was a great day, thank you Jesus. 🙏
https://i.redd.it/y348b7eij9od1.jpeg
Posted by SpeedIcy1918
26 Comments
Why can’t you close? If you switched to cash account PDT don’t apply
Nice play
Thursdays are often a rug pull on options… best of luck
Bro that is some balls. It looked grim on the way down I was ready to quit options ![img](emote|t5_2th52|4271)
50k can give you a good 36 hours in Vegas.
A rug pull before open will make this gain gone away ![img](emote|t5_2th52|4275)
The value is above 25k so even if you sold, your would have unlimited day trades when it settled and thus released the restriction
I was looking at those when they were 5c 0day. Mad that I didn’t buy those. Best of luck to you
congrats i’m 0/3 on mine down 30k 🫶
Fuck you and congrats ![img](emote|t5_2th52|52627)
Bro you can still sell🤦♂️
You have over 25k so you can day trade tomorrow assuming you don’t go under 25k
What is spy500?
This truly regarded. Thought he would be in PDT with a $60K game. Theta gonna eat a bunch of that away overnight. 🤦♂️
Can you explain me where u trade?
Stop gambling with options expiring same week. Guaranteed way to consistently lose momey if your not using top notch algorithms.
Selling my shares immediately at market open…
One u/ykoreaa
Okay, I’ll say it.. *that’s not $60k*
Didnt sell 🤣 brotherrrr
What’s er?
🫡
OP you could have still sold it. It won’t affect you if your account closes above 25k
what broker has day trading restriction?
Had some calls, got spooked by the deep selling but waited until I made all my money back to sell them, but then it went parabolic! just can’t fucking win
What made you do this
Don’t blame trading day restriction. Be honest, you were greedy.