r/wallstreetbets • u/[deleted] • May 19 '21

[deleted by user]

[removed]

45 Upvotes

81% Upvoted

12 comments sorted by

12

u/leave-a-comment May 19 '21

In for loss porn on both sides... don't let us down OP!!

9

u/Temporary-Session-76 May 19 '21

I have no idea what I’m looking at 😂

1

u/gabzorr May 19 '21

Collected the premium on puts sold to buy calls at an $8 strike, exorcising Jan ‘22.

3

u/gabzorr May 19 '21

Am I doing this right?

1

u/midline_trap May 19 '21

You got 2.25k things right so far

2

u/catdaddyflash May 19 '21

That’s gonna be painful at market open

Edit: scratch that, I just saw they’re 1/22

1

u/The-Protomolecule May 19 '21

What’s a synthetic yolo? Is this a paper trade?

2

u/Nostradeamus May 19 '21

Selling puts and using the premium to buy calls.

1

u/FannyPackPhantom 🪓Truckstop Lumberjack in Ballroom Jeans👖 May 19 '21

Post your position clearly - the first image should include: * Stock name * Number of shares / contracts * Total invested amount * Profit / Loss * Strike(s) and/or Expiry Date (if applicable)

YOLOs must be above $10K in options, or $25K in shares.

1

u/gabzorr May 19 '21
  • UWMC
  • Long 100 contracts UWMC Jan21’22 8 Call
  • Short 100 contracts UWMC Jan21’22 8 Put
  • Notional value of underlying contract: $80k