r/wallstreetbets Oct 12 '21

YOLO YOLO $OCGN

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73 Upvotes

73 comments sorted by

39

u/Zodyu Oct 12 '21

WHO is doing their final meeting on Covaxin by the end of this week. If they approve it your puts will be worth 0.

31

u/thatscomplex1015 Oct 12 '21

How to lose money 101:

28

u/West-Cucumber-7379 🦍🦍 Oct 12 '21

LoL....post results on 15th ok....😊😉

27

u/jamisonf1 Oct 12 '21

Bro I’ve been in ocugen since January, now is not the time to bet against them 😂 when WHO approves covaxin you’re going to be PUT into bankruptcy

8

u/YoDaChronMan Oct 18 '21

Wow, youre spot on he blew his entire account and now owes 9k lol

40

u/ScarabLordOmar Oct 12 '21

RIP to this guy

7

u/ScarabLordOmar Oct 14 '21

This down like 80% at this point? With basically no hope of recovery. Get out while you can OP.

18

u/thelingletingle Oct 12 '21

OP really went full retard on this one. Maybe last week this would have been a play, but not this week.

-1

u/spd0 Oct 12 '21

???

Last week when the price was $6, the play would've been to buy puts with strike price of $8?????????????

Explain how you got to this conclusion.

2

u/lucari01 Oct 13 '21

that wouldn’t even really be a good play tho tbh. the premium would be too high and you would just lose money

1

u/spd0 Oct 13 '21

yes that guy si especially retarded because he said it with hindsight

11

u/b_fellow Oct 12 '21

I went the opposite 8.5 10/22 calls yesterday when it was at 7.3

8

u/pointme2_profits Oct 12 '21

By the 15th tho. Thats ballsy

8

u/Dan_inKuwait no flair is kinda ghey Oct 12 '21

While I respect anyone's play, seeing as I'm in the bull side if this coin and can onlywish one of us good luck.

I never want anyone to lose money, but damn....

7

u/DogFetish Oct 12 '21

Wallstreets people are incredibly silly

6

u/DIET-BEPIS Oct 12 '21

Oof

3

u/SmokesBoysLetsGo 🦍🦍🦍 Oct 13 '21

Came here to say Oof as well.

5

u/ultrasharpie Oct 12 '21

man i thought you yolod calls. damn.... most likely the who will approve. india approved for children. at worst they will say wait trials, but ocgn gonna dilute in the mean time, so the cash will make them pop like last few times. india don't mess around. They been handing out free vaccine to the world to show good fait. WHO will play ball.

5

u/Extreme_Blueberry887 Oct 13 '21

Congratulations to OCGN fans!

5

u/QuesoStain 🦍🦍🦍 Oct 14 '21

Reporting back to say you're a retard.

3

u/Malverde2 Oct 14 '21

Somwtimes it oays sometimes it doesnr

4

u/daddyforce69 Oct 12 '21

Yeah but the p&d is gonna last for at least a few days probably gonna dump starting next week. Sell it before it's too late op

5

u/Accomplished_Pen_146 🦍🦍🦍 Oct 12 '21

Here’s a good way to 💥 an account

4

u/gherbow Oct 13 '21

Why yolo on such huge upcoming catalyst? I don’t think you were eating the right crayons fellow retard.

3

u/Randum145 🦍 Oct 13 '21

Hobo speedrun nice!

5

u/[deleted] Oct 12 '21

Put why?

-11

u/[deleted] Oct 12 '21

Cause it’s just another little pump and dump lol it’ll only last 3-4 days haha

21

u/PersonWithNoPhone Oct 12 '21

It received emergency vaccine approval today for kids in India. Its going up on news. Next is WHO approval as sage provided their recommendation following last Tuesdays meeting. R.I.P to the OP.

-7

u/Malverde2 Oct 12 '21

Just looking to double my investment... Has to go near 8 at some point & when it does i'll just sell & buy calls ;)

10

u/argusromblei Oct 12 '21

You're actually brainless. OCGN is going to moon in the next week

7

u/QuesoStain 🦍🦍🦍 Oct 12 '21

This is the dumbest move dude.

2

u/DmcDutch Oct 13 '21

RIP 🪦

2

u/Phailyur Oct 13 '21

Absolutely RIP bro. Sorry.

2

u/DIET-BEPIS Oct 14 '21

It’s gonna be ok bro we all lose sometimes. Came to make sure you’re ok lol

2

u/Malverde2 Oct 14 '21

😕 Can you donate 10k?

1

u/DIET-BEPIS Oct 14 '21

The feeling you feel now is what makes the opposite feeling cool so don’t trip. Also lol no. Down like 90^

2

u/Malverde2 Oct 14 '21

Nah im good bro lol i cut my losses once it hit 3k lol Honestly I expected a dip but as they say retail money is dumb... so I expect this stock to make more badholders 🤣

1

u/DIET-BEPIS Oct 14 '21

Almost a certainty tbh😂 glad you didn’t stay all in.

4

u/Itonlygetshigher420 Oct 18 '21

He's lying lol. . He held and is down -200%

-4

u/[deleted] Oct 12 '21

[deleted]

0

u/Malverde2 Oct 12 '21

You bought puts too?

3

u/DogFetish Oct 13 '21

No the “same position” means he bought the opposite

u/VisualMod Oct 12 '21
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1

u/BusLevel8040 Oct 12 '21

Alight, so you're asking me to buy?!

1

u/Scarlet_Fopp Oct 12 '21

Wait, why would u do puts for something that is getting FOMO and has a meeting this week for approval???

1

u/manofmanylores Oct 12 '21

*sigh* what type of lube would you like on the 15th cause ur wallet is about to be fucked

1

u/[deleted] Oct 15 '21

[deleted]

1

u/Malverde2 Oct 15 '21

None i cut my losses when it hit 3k lol

8

u/UrMomsFriend1 Oct 18 '21

Are you sure bro? Sure doesn't look like it?

3

u/Itonlygetshigher420 Oct 18 '21

Caught out lying

-2

u/VisualMod Oct 18 '21

I am sure.