DeepFuckingValue refuses to bank profits

[taowave]

I definetly hear you regarding Monday morning quarterbacking a guy who ran a sub 500k account up to 40 mil....

It's very easy to say when the stock hit 400,he should have sold the 200 percent spot calls for 30 percent plus..

Truth is,I would have sold the calls,the only difference would have been I would have started selling them when the stock hit 20.....not 400

is your personal account balance 8 figures+?

 

[misterkel]

is your personal account balance 8 figures+?

Nope. What's your point?

 

[zghorner]

Nope. What's your point?

MY point is this mother fucker sat on a winning position like a badass until his account reached 8 figures...and it still is. He deserves some level of respect as a trader IMO.

 

[misterkel]

MY point is this mother fucker sat on a winning position like a badass until his account reached 8 figures...and it still is. He deserves some level of respect as a trader IMO.

Yes, he does. I agree. Expressing a potential hedge strategy to hold significant amounts of that without selling his position in no way invalidates what he did. Maybe he even did that. How would I know?

 

[taowave]

No question selling the 1000 plus vol upside calls was a very "viable" strategy..

Doesn't appear that he did so.....

It takes a special breed of human to do what he did

Yes, he does. I agree. Expressing a potential hedge strategy to hold significant amounts of that without selling his position in no way invalidates what he did. Maybe he even did that. How would I know?

 

[newwurldmn]

I definetly hear you regarding Monday morning quarterbacking a guy who ran a sub 500k account up to 40 mil....

It's very easy to say when the stock hit 400,he should have sold the 200 percent spot calls for 30 percent plus..

Truth is,I would have sold the calls,the only difference would have been I would have started selling them when the stock hit 20.....not 400

+1

the reason he didn’t sell at 400 is the same reason he rode it to 400 in the first place.

 

[destriero]

Nobody would watch GME trade $500 and not bank. The only conclusion is that it was photoshop/simulated.

 

[Overnight]

Nobody would watch GME trade $500 and not bank. The only conclusion is that it was photoshop/simulated.

That is a shaky conclusion to stand by. Who the fuck knows why this guy did what he did? Was he really "sticking it to the man"? If he truly banked millions on the way up over the past year, did he care about the paper profits he saw come and go before his eyes over the last 2 weeks?

I'll just be happy when this Reddit BS goes away, because it is fucking with my index trades. Reddit is the new "Trump tweet" that moves markets, because algos have no backbone. Headline risk!

What the hell is Musk going to tweet next?!? Assholes, all of them.

 

[zghorner]

That is a shaky conclusion to stand by. Who the fuck knows why this guy did what he did? Was he really "sticking it to the man"? If he truly banked millions on the way up over the past year, did he care about the paper profits he saw come and go before his eyes?

I'll just be happy when this Reddit BS goes away, because it is fucking with my index trades. Reddit is the new "Trump tweet" that moves markets, because algos have no backbone. Headline risk!

What the hell is Musk going to tweet next?!? Assholes, all of them.

I read your posts in Cramers voice.

 

[destriero]

Or the dude covered at $10/share and didn't report it. No way the dude's legit. None of his strikes hit the tape so he can't cover his fake shit as the hero.