For inspiration

[Pekelo]

From Reddit:

From $3750 to 40K in a month...

Note: Those are the number of shares controlled, so you have to divide it by 100 to get the option contracts...

"I started options trading ~3 to 4 months ago after browsing wsb and realizing I don't want weak ass 5% compounded returns so I can retire at 70 years old. I gained a lot on the Nvidia boost from 95 to 110 and then proceeded to lose it all on the analyst downgrade. That was a net $6500 loss. I wouldn't say this trade was dumb luck though because I think it's pretty obvious nvidia will be skyrocketing in price over the next few years if a fraction of the deals they have made result in sales. I think eventually they will be worth at least intel. The best part of Nvidia is that GPUs aren't restricted by Moore's law and they have a monopoly."

 

[comagnum]

You can hit big gains going casino mode- where you throw risk mgmt aside and luck out briefly walking the risk of ruin. What impresses me are not the many shooting stars, hot for a short time until they blow up but those with decent consistent gains & minimal draw downs over the long haul - those kind are not so common.

 

[traider]

Let's all sell puts on S&P since it's obvious tt gov will bail out stock market if it should tank. Free money FTW

 

[Laissez Faire]

Nice returns, but obviously gambling, no?

 

[lawrence-lugar]

That's impressive -- but it's only a month.

I would like to see an options trader with those kind of returns for at least two years minimum track record performance -- preferably five years.

That's how I will be convinced they are the real deal; and not just some lucky bragging gambler.

 

[vanzandt]

Gee... I wonder why he didn't "diversify" and put some in AMZN too.
He'll be broke by July.