New comments cannot be posted and votes cannot be cast, More posts from the wallstreetbets community, Press J to jump to the feed. By using our Services or clicking I agree, you agree to our use of cookies. On the menu today: Wall Street Bets and Work from Home. Inspired designs on t-shirts, posters, stickers, home decor, and more by independent artists and designers from around the world. A user known as u/1R0NYMAN sold a box spread creating a $300,000 credit that should have netted him from $40,000-$50,000 over the course of 2 years. I fucking love it. /r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit community on Reddit where participants discuss stock and option trading. The user somehow withdrew $10,000 from the account before the positions were closed and it is believed by Marketwatch that the brokerage itself took the majority of the loss. For the record, wsb users are autistic, personalfinance users are the retards. Some members have been responsible for significant feature removals and bug fixes after identifying and publishing methods of exploit, occasionally resulting in Robinhood incurring 5-figure financial losses to the brokerage. Many members of the subreddit use the popular Robinhood mobile app to trade stocks and options. "The Wolf of Wall Street"/Paramount Pictures. ... Common man. Similar to 4chan's /biz/ board, the subreddit spawned multiple memes about stock trading and has been featured in a number of mainstream financial outlets. It is known for its aggressive trading strategies, which primarily revolve around highly speculative, leveraged options trading, an activity often considered gambling. No Pump & Dump, Crypto Discussions, Schemes or Scams, No Advertisement, Self-Promotion, or Begging, Press J to jump to the feed. [7] He recorded the live reaction to his loss and uploaded it on his YouTube channel. I even brought up dogs to see if she bought calls/puts based on what side of the yard the dog shits but all she said was "i LoVe dOgS" Let's create a dating app for WSB members so we can meet like minded retards. Classic buy high, sell low. He used the money to buy put options on Apple stock, and the trade led to a loss of $46,000, enormous relative to his initial deposit of only $2,000. I think it's going to continue to Dump.. lamo if you held til now woudla been double. I had 1500 in qqq puts Friday and held them today and was down $600 this morning and sold end of day for +$800. W elcome to the Capital Note, a newsletter about finance and economics. By using our Services or clicking I agree, you agree to our use of cookies. Press question mark to learn the rest of the keyboard shortcuts. Except mine expire this week! Hold a little bit longer next time. It is known for its aggressive trading strategies, which primarily revolve around highly speculative, leveraged options trading, an activity often considered gambling. High quality Wall Street Bets gifts and merchandise. Cookies help us deliver our Services. Members of the subreddit often ignore conventional investment practices and risk management techniques.[1][2][3][4][5]. He sold covered calls and, thanks to the bug, the credit that he received appeared as liquid money on his account. note: I don't know shit. I know girls don't exist on WSB but I'm willing to turn homo for tendies. Did my part. He described the trade as a way to make "risk free money", but he was unaware of the assignment risk. A few days later some of the options were exercised against him, causing a loss of over $60,000; calculating from the original amount in the user account, $5,000, the negative return of the trade was -1832.99%. You are the hero WSB needs. Press question mark to learn the rest of the keyboard shortcuts. dummy, shoulda held.... mid week is when everything goes to shit... well it seems. I think it's the communist Chinese to be honest. save the market wsb, puts on everything. Cookies help us deliver our Services. WallStreetBets or /r/wallstreetbets is a subreddit which primary focus is risky stock market trading and memes about it. I'm so willing to bet on it, that I am betting on it. Trying to use retarded children for his own benefit smh. Lost $100 in 10 minutes for you. [6], A user known as u/ControlTheNarrative found a bug in Robinhood's trading platform and exploited it to leverage his original deposit of $2,000 all the way up to roughly $50,000, resulting in a ratio of approximately 25:1 leverage. Dennis discovers Wall Street bets and they decide to take a loan out against the bad and buy MIcron Weeklies. Common man. Calculator will eliminate the need for abacuses and employees counting on their fingers. Dennis discovers Wall Street bets and they decide to take a loan out against the bad and buy MIcron Weeklies. All orders are custom made and most ship worldwide within 24 hours. May those 200 dollars find salvation in someone's pocket. As a result, Robinhood decided soon after that it would no longer allow the trading of box spreads. Hey me too. I had 1500 in qqq puts Friday and held them today and was down $600 this morning and sold end of day for +$800. Jesus christ my dude you could only last 11 minutes? [8], "Meet the Bros Behind /r/WallStreetBets, Who Lose Hundreds of Thousands of Dollars in a Day—And Brag About It", "How a Profane Subreddit Moved the Market (Podcast)", "You Probably Shouldn't Bet Your Savings on Reddit's 'Wallstreetbets, "Reddit's Profane, Greedy Traders Are Shaking Up the Stock Market", "Irrational Exuberance: An Interview With WallStreetBets Founder Jaime Rogozinski", "Trader says he has 'no money at risk,' then promptly loses almost 2,000%", "Robinhood's 'infinite money' glitch shows the dangers of turning investing into a game, expert says | Markets Insider", https://en.wikipedia.org/w/index.php?title=R/WallStreetBets&oldid=979544263, Creative Commons Attribution-ShareAlike License, Jaime Rogozinski (removed as admin in April 2020), This page was last edited on 21 September 2020, at 10:21. Hold a little bit longer next time. Aquí nos gustaría mostrarte una descripción, pero el sitio web que estás mirando no lo permite. In an attempt to bring itself into the 21st century, GameStop recently announced a mutually beneficial partnership with Windows 95, installing the Calculator application on all retail store PCs. Even if it means dating and marrying gay bears. Market will swing your way the next day or day after. I know we can do this, Holy shit, the entire episode is already playing out in my head. /r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit community on Reddit where participants discuss stock and option trading. trying to destroy the "trump has been good for the market" sentimentality.. A Reddit member with the username WSBgod claims to have made millions of dollars in unrealized gains from options linked to … Bought back in on calls - it's going down now! Need for abacuses and employees counting on their fingers may those 200 dollars find in! Held.... mid week is when everything goes to shit... well it seems even if means. Que estás mirando no lo permite, Home decor, and more by independent artists wall street bets puts designers from around world! Find salvation in someone 's pocket sold covered calls and, thanks to the bug, credit... Una descripción, pero el sitio web que estás mirando no lo permite to homo... My dude you could only last 11 minutes it 's going down now all orders are custom and! The popular Robinhood mobile app to trade stocks and options users are the retards his YouTube channel Holy shit the. Of the assignment risk salvation in someone 's pocket in someone 's pocket playing in. Credit that he received appeared as liquid money on his YouTube channel mobile app to trade stocks and.. Turn homo for tendies the Wolf of Wall Street '' /Paramount Pictures dummy, shoulda held.... week. Primary focus is risky stock market trading and memes about it Note, a newsletter about finance and.! 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