why not just use SPXW for less fees? congrats and fuck you anyways
spudbro00 on
10k in fees is absurd
-tnt on
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.
Stellarific on
Here I was happy about my little $4400 0dte gain when SPY spiked $2 lol
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
HolisticWill on
You save on taxes if you trade SPX instead. Gains would have been higher as well
cypher04 on
Why SPY? At that volume wouldnt SPX be better for spreads?
qtac on
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
TedRabbit on
I am but a humble regard. How did you buy puts and calls at the same strike and exp and both made money?
dayvieee on
The reason he was able to do this is because of the fees imagine trying to fill these on RH lmao
bounceonadick2 on
Congrats daddy
Fitzaroo on
How is he green off calls and puts? Im definitely not understanding this one.
Free_Mousse2076 on
Damn Barron, you are out of control lol
systerix on
hahaha give us a heads up for your next 0DTE play
delta10-ramdeuter on
Is it the same 24hrs we all have?
BeeFCakeJrGunz on
Not even a 1:1 huh? 😏
gambinoFinance on
This donkey drops a mil on short term options and doesn’t trade SPX 🤦♂️
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
Special_Afternoon_85 on
By the way this was last Thursday + Friday. So up $1.569M in three trading sessions (including today), all SPY 0DTE.
28 Comments
Hello, u/Special_Afternoon_85. It’s me, your son. Can I have $50,000? It’s for books.
Almost $10k in fees….😂😂
I lost $500 today
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
https://preview.redd.it/mm49l2bpqgpg1.png?width=320&format=png&auto=webp&s=990d50537bff595b7bb9f7d2e6fe962cfe5d90f8
Congrats and fuck you.
What do you want for a flair
why not just use SPXW for less fees? congrats and fuck you anyways
10k in fees is absurd
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.
Here I was happy about my little $4400 0dte gain when SPY spiked $2 lol
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
You save on taxes if you trade SPX instead. Gains would have been higher as well
Why SPY? At that volume wouldnt SPX be better for spreads?
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
I am but a humble regard. How did you buy puts and calls at the same strike and exp and both made money?
The reason he was able to do this is because of the fees imagine trying to fill these on RH lmao
Congrats daddy
How is he green off calls and puts? Im definitely not understanding this one.
Damn Barron, you are out of control lol
hahaha give us a heads up for your next 0DTE play
Is it the same 24hrs we all have?
Not even a 1:1 huh? 😏
This donkey drops a mil on short term options and doesn’t trade SPX 🤦♂️
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
By the way this was last Thursday + Friday. So up $1.569M in three trading sessions (including today), all SPY 0DTE.
https://preview.redd.it/pby2chhiwgpg1.png?width=2514&format=png&auto=webp&s=753db4e81b9f06eadc2fb51ef9cf1c33645592b7
Rich people make me angry. and jealous
Tax man coming for that booty.
Could you share the timestamps for when you entered these positions?