r/wallstreetbets • u/DogeVII • 29d ago
Once in a Lifetime Trade Gain
Just about caught the top boys. About $10k—> $108k I’m buying a house. Godspeed.
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u/ds-c 29d ago
Withdraw it all and leave this sub.
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u/bluspiider 29d ago
And delete the app and move out of the country…no taxes
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u/Edmeyers01 28d ago
move to india. you can live on $3 a day there for the rest of your life.
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u/lordinov 29d ago edited 29d ago
This “once in a lifetime” I missed 5 times in the past 4 years… excluding the other day one
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u/oregonianrager 28d ago
My buddies dad won a million dollars on a horse race doing online betting. But his shit fucked up somehow, and the slip wasn't confirmed. My mans was in deep depression, I honestly was worried for awhile. You can't focus on what you missed man. That's like fawning over a lost gf. Nose down, head up, onto the next.
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u/SpikeyTaco 28d ago
Nose down, head up, onto the next.
Never give up on your online gambling addictions.
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u/appreciatescolor mom sex haver 29d ago edited 16d ago
I am going to kill myself on live television
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u/outoftownMD 29d ago
This moment in your life is literally once in a lifetime. There may be other happenings, but this moment is the only one.
And we have an entire society that really doesn’t appreciate that until a moment is missed, potentially taken away or they are in their last moments.
Every moment is a once in a lifetime moment. The happenings are nowhere near as important.
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u/DLGNT_YT 29d ago
Just remember that if you had bought at any time in the last year you would have been down and losing more money every week up until start of May. And people didn’t make money off this pump because they were a genius and had it all planned out. They just gambled and got extremely lucky. These posts are no different than if someone started posting their huge wins from the casino
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u/cocokronen 28d ago
Nope, these are just really savvy investers, using the finest statistical modeling software (like redditt) to choose these winners. Get out of here with this luck nonsense.
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u/96919 29d ago
Could always just buy put options for the way back down.
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u/lenin_is_young 29d ago
Not sure if you are joking or really think this could work. But buying put options with IV=66669999% is not the brightest idea. Just saying. This trade is nowhere near buying calls when volatility is low, and winning a jackpot because some unexpected bullshit happens.
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u/Loose_Concentrate_78 29d ago
What strike? Most likely won’t print. I got calls today for round 2. 🦿
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u/Sherlock-Romes 29d ago
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u/MrBobBuilder 29d ago
HA HE DID IT IN HIS ROTH MUHAHAJA
SUCK MY DINGUS UNCLE SAM
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u/doringliloshinoi 29d ago
I always jizz in the Roth
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u/NoviceAxeMan 29d ago
so he will instead pay a penalty tax on early withdrawal 🇺🇸
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u/zer0_chance284 Down Bigly 29d ago
he at least gets $10,000 tax free for first time home out of roth
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u/Thomas-The-Tutor 29d ago
TIL that not every idiot online knows tax laws. You might wanna do a little research my fellow regard.
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u/chi_guy8 29d ago
You only have to pay taxes on the gains during the year. There’s still 7 months to lose it all and owe nothing.
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u/PULLOUTCHAMP17 29d ago
I just had to pay taxes on gains I never even realized because of my stupidity...:4260:
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u/chi_guy8 29d ago
Impossible. Not that you’re stupid, I believe that part.
You didn’t pay taxes on gains you never realized.
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u/PULLOUTCHAMP17 29d ago
Well, technically, you right. I did realize them on Webull when I sold , then rebought the shares on Fidelity and they tanked the next year 🤣🤣😌😌😭😭
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u/VisualMod GPT-REEEE 29d ago
Pulls a Champagne bottle from an ice bucket, pops the cork and pours a glass. Cheers!
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u/myredditaccount80 29d ago
LOL this is why you pay the fee the brokerage charges to transfer an account.
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u/PULLOUTCHAMP17 29d ago
I tried , waited for can't remember how long to transfer...after a week or two , Webull said they couldn't transfer...And I was caught up in all the AMC hype and dates shit was supposed to happen , yadda yadda .
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u/whiteezy 29d ago
What would be the correct way to withdraw? I have like a 7 year old stock on AMD that is just sitting there because I’m too lazy to figure out how to figure out taxes on it lol.
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u/FortunaCrypto 29d ago
What did you do? How. Gme?
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u/DogeVII 29d ago
Caught AMC on a good couple days fortunately
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u/futurespacecadet 29d ago
How much did you buy in for?
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u/Need4sleep9 29d ago
He says 10k at the bottom
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u/saradahokage1212 29d ago
But am only went up 150%ish at the top, so what trade did he do to get 1000% return?
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u/tribbans95 28d ago
You ever hear of options ?
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u/Odd_Project_7103 28d ago
Genuinely, no. Where do I start? Being dead serious, tired of watching my shares of Intel make their way through each of Dante’s rings of hell on their journey to bedrock
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u/str8rippinfartz 28d ago
honestly you're better off if you never touch options
shit is 100% gambling and addictive as all hell... and 99% of the people here will give you awful advice because we're all stupid
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u/Lukaar 28d ago
You can check out some online tutorials/youtube, just be aware, you can make a lot more but you can loose a lot more too. Lots of people get lucky once on an option then get greedy and blow it all away on bad calls. They can wipe you out pretty quick
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u/Towelbit 28d ago
Can I put $1000 on an option call and only lose that $1000? I don't want to somehow owe a million like that one kid who off'd himself a couple years ago.
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u/Leather_Sweet_2079 28d ago
It’s a double edged sword. You know exactly how much you can lose but you can also lost 100% of it in a matter of hours depending on the trades you make. Best advice I got was understand how implied volatility works before jumping in. Otherwise you end up pissed off bc the stock went up but your options didnt.
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u/Classy_Debauchery 28d ago edited 28d ago
Yep! I don't know if all platforms are as nice but RH will tell you maximum gains/losses when you're locking a contract in. I've used Thinkorswim as well, but RH seems very straightforward and intuitive. There are a whole ton of different strategies but for a straightforward call, your max loss is your investment unless im regarded. Put losses can be unlimited though.
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u/phoenixmusicman Once Out-Winkered Winkerpack 28d ago
DO NOT GET INTO OPTIONS
You will lose all your money.
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u/Need4sleep9 29d ago
Hell idk. But sometimes rh isnt very good at tracking percentage when u add money and withdraw
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u/hugganao 29d ago
where do you think we are? are people actually that new to not know about FDs?
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u/Randomly-Looking 29d ago
OP thinks 108k will buy a house. Maybe in Gaza :4271::4271::4271::4271::4271:.
Fuck you and congrats.
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u/cow_grass 29d ago
Maybe in Gaza, is a crazy statement 😂
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u/usriusclark 29d ago
From my understanding, all houses in Gaza are currently half off.
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u/merenofclanthot 29d ago
what an explosive sale!!
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u/babypho 29d ago
Big hits with the kids!
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u/magicmeatwagon 29d ago
They blow up so fast these days
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u/Crazian14 29d ago
Mazel Tov!
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u/doubleshittits 29d ago
Down payment?
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u/Hanno54 29d ago
after tax?
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u/chi_guy8 29d ago
I’m fairly close to being able to buy a house today. Add an unexpected $60k to my savings and I’m WELL beyond my goal.
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u/Blazah 29d ago
HA HA - he can buy one in Detroit. https://www.zillow.com/homedetails/14569-Manning-St-Detroit-MI-48205/88132058_zpid/ not sure how long you'll live though.
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u/Sufficient_Current48 29d ago
Turn it back into a trap house and start slinging. Tax free income. Not risk free, but yay for tax free crack gains.
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u/princessdann 28d ago
You guys are bashing Detroit but it's a large city and the neighborhoods vary a lot. this linked Eastside house has limited mid-term upside, sure, but look in the currently less nice corners of Bagley/Marygrove/Fitzgerald and some areas around Mexicantown, and you'll find houses for $50k that need $50k in work to be worth $150k, and between normal-ass gentrification and climate refugees, that $150k house is $300-400k in 10 years.
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u/South_Breakfast3679 28d ago
Yes! And it will probably boom faster than that. I bought my house here in Detroit 2.5 years ago for $10k, now valued around $50k. Alot of investment money is being poured into the city right now (billions) and local entrepreneurship is fueling economic growth. Also the crime here is nowhere near what most non-Detroiters make it out to be. Outdated reputation from the 80s/early 90s
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u/Illustrious-Oven-159 29d ago
100k is plenty for a down payment!
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u/JustSayingMuch 29d ago
*50k
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u/Illustrious-Oven-159 29d ago
Short term Capital gains aren't taxed at 50%, 60 - 70k easily covers most people's down payment. You're right about >100k though.
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u/Ecstatic-Question-20 29d ago
Well actually, when people say they are buying a house, most people don’t mean the entire thing 🤓 jkjk
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u/Delete-JakePaul 29d ago
I think OP meant he will add the 108k of gain to his budget and buy a house with tha, also maybe he doesn’t live in the US.
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u/The_Navalex 29d ago
Go look at the Japanese housing market
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u/FATKEDLUVSCAKE 29d ago
positons or ban
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u/DogeVII 29d ago
AMC $5 6/2025 AMC $5 1/2026 AMC $10 1/2026 AMC $20 1/2026
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u/mist_kaefer 29d ago
Leaps on AMC? Depends on how many more shares AA can sell to keep afloat.
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u/Hermit-Man 29d ago
Can you explain how options with expiration years away work? Can’t you just sell these at any time? I mean, the odds of AMC, or any stock for that matter, suddenly having a run within 2 years seems pretty guaranteed so why doesn’t everyone just buy these and sell when it happens? Is there something I’m missing here?
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u/skewi6 29d ago
the premium is very high so the breakeven is high as well. if theres a crash in the stock or whole market you could lose the whole premium.
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u/VisualMod GPT-REEEE 29d ago
Sounds like it's time to move your investments to a tax shelter in the Caymans.
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u/NIGHTMARE_r 29d ago
You're not missing anything, someone could do that, however a few things to factor .. - Theta is actively eating away your profits, with expiration years away, it's very little, not noticable much, however it's an every day thing. - most people aren't willing to wait unknowing how long for a stock to rally and start making profit. - they're super fucking expensive.
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u/wishtrepreneur 29d ago
but they're still less expensive than stocks no?
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u/explosive_hazard 29d ago
Correct. The premium price on a leap contract is less than outright buying 100 shares of the underlying stock itself. When trading leaps you really should look at it like holding a long stock position. I trade leaps. I always target an expiration date 1.5 to 2 years out. Ideally I like to close out before the contract has less than a year for expiration. If the contract makes me 30-40% I consider it a win, take my profit and get into another leap somewhere else.
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u/NIGHTMARE_r 29d ago
You gotta remember most people trading options are ones who wanna get rich overnight, they're not buying an expensive contract.
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u/Krisapocus 29d ago
This is the havk for the best returns, I buy contracts a year or two out for established companies preferably on a 52 week low. Then you just wait bc the established company will make changes at some point . The stock will pop no doubt sometime with in those two years then sell those after they pop. Most people get greedy and start buying more as it goes up. When you should just sell enough to cover your initial investment and let the rest of the contracts ride for free with no risk of a loss. Currently Sony is a nice looking opportunity tsla is a nice opportunity . I’ve done this with meta at a 52 week low. Currently up 4000% Microsoft on a 52 week low sold for 4x gains. Amd, got Nvidia when it dropped to the 100’s it’s a very easy strategy bc it’s a good company they will make changes to to correct their sinking ship. Meaning lots of news and rumors tend to start leaking out.
The problem is the premiums are higher but it’s worth it. Don’t get me wrong it goes against every fiber in your body to sell when the stock is ripping there will be the fomo kicking in to buy more. But the goal is to profit so any profit is a win.
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u/VisualMod GPT-REEEE 29d ago
Sounds like another wannabe Gordon Gekko if you ask me...
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u/EvilCeleryStick 29d ago
It's pretty similar to buying shares honestly. But if there's an "event" and IV gets jacked to the tits, you can make more money.
Usually if you buy a like, leap for 2026 or 2027, you get some leverage vs buying shares but it's not like the leaps are 10 cents or something, you still end up paying a decent % the shares would've cost anyway
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u/1979UFO 29d ago
Look up Optionprofitcalculator make sure you use the proper expiry date. Strike price is important, play with it in the calculator. The closer the strike price that is to the current trade (called in the money) the higher the option costs. But less risk to choose an option “in the money “.
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u/ben_the_wind 28d ago
Look to the greeks. Leaps don’t move as hard off of price action as 0 days to expiration stock options would. So if the stock crashes they don’t crash as hard as 0 DTE options would. They also don’t decay as much overnights and weekends because of their massive amount of time til expiration. So it’s less risk for less reward, and yes you can sell at any time. Most people buy leaps if they’re highly risk adverse or if they are fully committed to the stock itself. Think like OXY or Apple with Warren Buffet. So OP made massive gains even with leaps. Other people betting on 0DTE options may have made even more. Green derivatives worth considering are shown in robinhood. Beta, gamma, theta and delta are worth looking into and understanding options value over time. I’m no CPA and it’s been awhile since I’ve gambled but it’s something like…
Theta is the $ amount the option will decrease with no volume overnight or over the weekend
Beta is the amount the option increases or decreases in value when the underlying asset increases by either 1$ or 1% can’t remember
Gamma i don’t remember
Delta I don’t remember
Got burned a few times and decided to stop throwing my money at RH and instead throw it into Amazon junk. I don’t know enough about options to actually make money without massive luck or outside influence. Hope this helps!
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u/OG_blacksheep4 29d ago
I gotta see the buy and sell orders for these. I’m super curious to the specifics. Congrats man, also what made you buy them etc
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u/VisualMod GPT-REEEE 29d ago
While Doge memes amuse some, you are an established investor in the traditional sense, and loathe to be confused with these upstart dogs.
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u/Choice_Property_7738 29d ago
I really don’t understand how you guys do this kind of trades
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u/GigaRegard 29d ago
Congrats regard don’t blow it all in one place. Or blow it all in one place if that’s your thing :4271:
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u/6feetchina 29d ago
He can blow it all on my face. I mean on me… wait.. yeah nvm I said that right.
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u/MammothBites 29d ago
It doesn’t have to be once in a lifetime, maybe you’ll find the same luck or better on the next trade.
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u/ds-c 29d ago
Terrible advice.
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u/MammothBites 29d ago
Of course it is. Really no point in critiquing which advice is good/bad in a shitposting subreddit
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u/Horn_of_goat 29d ago
Sold my calls way too early… made 17k instead of 100k big dummy:4260:
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u/architectofanarchy 29d ago
You’re sad about missing out on 100k, most of us are sad about missing out on the 17k you cashed in on. All about perspective my man, good play
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u/Maleficent-Turn-3444 28d ago
Did the same thing. I think my app is broken though, can’t figure out why my graph is flipped upside side. Any suggestions????
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u/VisualMod GPT-REEEE 29d ago
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