I opened a debit spread (500/510) and a credit spread last week (540/550), seeing how META is languishing around 500 for weeks. Then it decides to fuck me and jumps past my credit spread short leg (540).
I am 100% sure if I hadn't added that credit spread to the trade, META would have closed at 499.99 by July 12th.
You can all thank me for single handedly pumping it up past my short strike.
wtf META – Pumped 6% in a single day just as a personal fuck you to me
byu/strthrowreg inwallstreetbets
Posted by strthrowreg
26 Comments
You got Zuck-Fucked.
I don’t know a single person using a “meta” social media product
let us know your next move so we can fade it
> gambles
> looses money
> ”how could this have happened”😱😱😱
I got 530c on Wednesday 🙂
Good
thats what you get for just not buying calls
Should have done it with AMZN. Stuck to 200 all day and closed at it too
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ZUCK ON HIS SURFBOARD
For the first time in way over a decade I bought something from a facebook ad today. You should have seen that coming, bro…
What was the catalyst today?
Uh
Yeah well I sold all my shares for 125$ during the crash so we can be both be losers together.
https://youtu.be/x2z6VevL8xk?si=MfDYIYWcy5pArszA
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MM’s saw your play… and millions of others. Their complex algorithmic programs written by Asian quants who graduated top of their classes determined the specific price META would pump to today for maximum profits (for them).
The game is rigged. The only way you win is to inverse any slight majority sentiment, then sometimes, if your inverse then becomes the majority sentiment, you must inverse the inverse.
Source: last two TSLA earnings, AAPL pump a day late (screwing over all the paper handed regards and enriching the all or nothing gambling degen-gards), NKE earnings, etc.
TLDR: inverse popular sentiment, then sometimes inverse the inverse.
I’m pissed I even considered selling despite making a couple thousand bucks
Broke stay broke
A $560 credit spread? Who literally gives a fuck
Thank you for your service
You’re not supposed to short in a bull market
That must’ve been why my FNGU had such a good day
Pumpi boissssss
I approve this message.
Dude it was $450 on May 1st and now $550 in July 1st and you call that languishing.
“Get fucked, nerd” – Mark Zuckerberg