20K loss from 200 contracts, SPY 637p exp 03/31 – 0DTE puts
The most aggravating thing is that I only started with 50 and was up $2,500 and was about to sell but decided to put some dirty dishes in the dishwasher first only to see it flip, then kept yoloing more thinking it would keep trending down 😬🫠🤮🤮🤮🤮
I had many put plays the past month that ended up being correct but I always sold for peanut gains despite being longer term positions and then I got greedy and impatient and started doing 0DTE, finally got burned big time. The fate of all 🌈 🐻
Inb4 “your loss on the position was only 12K in the screenshot”, I was day trading and kept rebuying into the position so the final position is just the most aggressive position I had and it all went to 0
Also the AI/bot trying to flag me for not losing enough to post a loss 🤣🤣🤣🫠
https://www.reddit.com/gallery/1s8zdo0
Posted by thehandsoap
34 Comments
Ok
🌈🐻
Why u do dat
https://preview.redd.it/4uhu0vufzfsg1.jpeg?width=1290&format=pjpg&auto=webp&s=de916ddfe9e280f290b1e211646c03dbe4bedab3
lol
just buy more 0dte tomorrow to make it back
Why would you do 0dte
the dishes ruined ur life
You still have another 20k to make it back tomorrow. The beauty of buying 0DTE is that the max you can lose is 100%, but you can make 1000% on days like this.
I heard you man! I lost half of my account too $8k. Very similar! How did qqq goes up 3.5% single day?
Feeling the same way rn, ur not alone. The market is irrational all because president of Iran mentioned that he would be open to starting negotiations lol but that guy doesn’t even control the military core or anything. Its all hopium
If you left those dirty dishes alone you would of been rich
Ty I feel better. Only lost 1500 today
One pull of a slot machine, and it’s gone!
why go 0dte during a war? you have better chances at a casino. i have slept through times i planned to sell and woke up at 8pm to a fat loss. it hurts
I made 3K on 0dte puts today, know when to exit
You were fighting against EOM rebalance . some huge buyers hitting the tape today. And the JPM collar got murdered.
They lost half a billion dollars on that trade since yesterday.
Sorry bud you picked the wrong day
The questions is not “why you did that”, it’s “how much more 0DTE are you gonna do tomorrow?”
100 percent you put this in tomorrow. You chose the wrong day is all. Start small, like 50 puts, at 643, and walk away. Need to do this at the open. Maybe 5k will make you 40k and you can call it a good week.
https://preview.redd.it/0ly8g9d62gsg1.png?width=1440&format=png&auto=webp&s=50416ac4f3c7c502b9554c60f18b78e09c0bee0d
https://preview.redd.it/nlkitsd92gsg1.png?width=1440&format=png&auto=webp&s=dae4017b9db921eddc129910555f542680c42162
Sold early both times
https://preview.redd.it/c8r22fba2gsg1.jpeg?width=1179&format=pjpg&auto=webp&s=5f17da747ca954ca82a68b5c3d841bb232dde4b0
coulda just done 1dte and been rich
Nice.
You do know that the market will dump tomorrow just to fuck with you
WHAT DID WE LEARN TODAY
Where’s your stop loss at king?
What a moron
It had to be puts. Because you are smart. You watched “The Big Short” at least five times.
I had a dentist appt this morning that cost me everything
Imagine if you bought calls
Only 20? Rookie numbers
I warned you guys on Monday. Oh well lol
The MOD just trying to gaslight you about the size of your loss 🤣🤣
7k loss for me today… I was literally you… Bought QQQ PUTS that were printing, up 3k then held them to -7k til close. Cheer up, tomorrow is another opportunity.