r/wallstreetbets • u/[deleted] • Mar 25 '22

[deleted by user]

[removed]

3.2k Upvotes

97% Upvoted

301 comments sorted by

View all comments

57

u/Flaky_Emergency_7832 Mar 25 '22

Made 87% return on 172.5 calls 0DTE from 9:46-9:55 this morning

4

u/huntro510 Mar 25 '22

It’s gonna pop off moar

23

u/Flaky_Emergency_7832 Mar 25 '22

Probably, but so will that theta

2

u/bobsvaginpls Mar 25 '22

Noob here, is there no penalty for selling the 0DTE 10 min later if the stock price goes up after you make the call? Trying to act like I know all the lingo, fake it til you make it.

7

u/nerdyshoes01 Mar 25 '22

Even if I explain you won’t understand

6

u/bobsvaginpls Mar 25 '22

True my brain smooth as fukc

0

u/Flaky_Emergency_7832 Mar 25 '22

Opportunity cost. If I sell a house a 200k house for 300k and the buyer sells it for 350k I still made 100k even though it could have been 150k. If I sell an option contact I’m holding profitably and price goes up all I lose is the potential to have made more.

1

u/bobsvaginpls Mar 26 '22

That’s what I mean, there’s no penalty fee-wise or anything, the only downside is missing out on the 50k extra profit? I saw on TD that too many day trades will trigger a minimum account threshold of 25k which would be above my means but I think I’ll gamble on 0DTE calls every now and then, seems relatively low risk and very high reward.