$736k SPY 0DTE, it’s been a good day

    https://i.redd.it/ufum3dtwpgpg1.png

    Posted by Special_Afternoon_85

    28 Comments

    1. firewoodrack on

      Hello, u/Special_Afternoon_85. It’s me, your son. Can I have $50,000? It’s for books.

    2. Totallycomputername on

      1. Near 9300 in fees is wild

      2. Takes a lot of balls and retardation to risk 1.3 mill but when it pays off congrats and fuck you 

    3. Do mods perform any verification of these trades? Anyone can right-click on the HTML, update the source code, change the cost basis and post the screenshot.

    4. FreshestCremeFraiche on

      Risking 1.3 million for a 60% return on 0DTE doesn’t seem worth it lol

      Edit: a 10% stop loss or whatever is not a cure all guys, if the underlying swings a bit during the day you can easily just lock in your 130k loss and otherwise would have made money on the trade

    5. HolisticWill on

      You save on taxes if you trade SPX instead. Gains would have been higher as well

    6. For the love of god please trade SPX at this scale. It’s like $40k in tax advantage that’s thrown away on this trade.

      Also congrats and fuck you

    7. I am but a humble regard. How did you buy puts and calls at the same strike and exp and both made money?

    8. The reason he was able to do this is because of the fees imagine trying to fill these on RH lmao

    9. gambinoFinance on

      This donkey drops a mil on short term options and doesn’t trade SPX 🤦‍♂️

    10. AntiqueParty on

      Ye lads, all you need is just to have 1,3mil spare to gamble on some 0dte calls/puts. Just ask your mum or dad for a small loan or something

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