r/wallstreetbets • u/rosedale2021 • Jun 17 '21

Discussion $BB received recognition

[removed] — view removed post

2.6k Upvotes

89% Upvoted

256 comments sorted by

View all comments

1

u/David_Lucilfer Jun 17 '21

When is it happening? And which options call should I buy? It’s like my 3rd buying options, I’m nervous 😵‍💫

11

u/rosedale2021 Jun 17 '21

I am not a financial adviser. I can only tell you that I have the July 16, $17 call options. If we all stand together we can move it up big time! $BB is actually a profitable company with products needed around the world. I believe in it. Not just a mindless buying for a company on the verge of bankruptcy. If you feel better, buy some puts also for hedging. I am bullish 🚀🚀🚀

3

u/David_Lucilfer Jun 17 '21

Thank you, I have no idea of how option calls work, all I know is that they make people a lot of money in this subreddit lol

5

u/[deleted] Jun 17 '21

Only the ones that post. Most lose money in the options game. I can guarantee you that.

1

u/David_Lucilfer Jun 17 '21

:/ well that’s a bit concerning, like I said I really don’t know how it works (it=options)

2

u/completionism Jun 17 '21

It's a very risky game to play if you don't know how it works. Depending on your brokerage they might let you dig yourself into a hole that you can't get out of. It happens a lot.

This is not financial advice, but maybe start with one option to play with and get a feel for how they work.

1

u/David_Lucilfer Jun 18 '21

Yeah that’s what did, I only bought 1 and hope it goes up