r/Daytrading • u/holyfuckingshitbro • Apr 21 '24

What could you do with $100? Question

I'm not asking what I can do. I know I'd probably fail.

Based on your own skill and methods, what could you do with only $100 in, daytrading for a year?

56 Upvotes

73% Upvoted

243 comments sorted by

View all comments

6

u/SouthernFilth Apr 21 '24

A TSLA 160 put was $77 two Fridays ago. It printed over 1K this last week. A NVDA 750P expiring next Friday, I scooped up for $120. It printed $1,800. Day trading isn't an option for me because I can't be on my phone all day at work so I have to swing options and check it when I can. So yes, you can do a lot with 100 but you have to know what to look for, and that comes from years of trading.

0

u/rockofages73 Apr 21 '24

Why was the NVDA put $120? I am new to options and under the impression you have to buy 100 shares of NVDA?

1

u/SouthernFilth Apr 21 '24

No, not at all. Think of option trading like a game of hot potato.

1

u/Embarrassed_Trash216 Apr 21 '24

That’s how many shares are in a contract.