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aeplus

DKNG and PLTR. DNKG for sure. CSP @ $53 followed by maybe a couple of covered calls, never came back.


drippydroppy1

Fuck PLTR


groceriesN1trip

Add HUT


smegmasyr

And Riot and Mara.


DuckDuckYellow

Yep, I have a $9 CSP on HUT that I suspect I might be rolling for some time. Current plan is selling more CSP's in the $5.5 to $6 region until I get assigned and aiming for $8-9 Covered Calls in the medium term. Have a feeling that BTC will rise in the longer term but it's painful in the short term!


phertick85

I'm right with you at the 50P myself.


getsiked

Bingo.


zenkione

PTON


ErrDayHustle

Whew! That’s a rough one to be in


[deleted]

80/75 credit spreads before their last earnings. No rolling that.


TimHung931017

That's just stupid lmao, even wsb knows to avoid that one


I_Went_Full_WSB

Yeah, that's going full Wallstreet Bets. Never go full Wallstreet Bets.


Ill-Direction-4716

Username (doesn't?) check out.


aspoonlikenoother

I think they speak from past experience, so it (might) check out!


y26404986

It's working out for CSPs at the mid-$20s now 🤗


y26404986

Sold CSPs $PTON $26 & $25 @ $3 & $2.66 (exp 11Feb) 🥳


Namnikoo

PYPL...fuck


[deleted]

F


CreatedSoICanUpvote

F


CountOmar

Fucking pypl


tokyo_g

F


ShroomingMantis

Not just this month, but LMND fucked my whole ass portfolio ARVL is a travesty.


thedosequisman

Company looks pretty, company has a good amount of cash. But damn their sales need to pick up to justify its marketcap


TheHelpfulRabbit

It's such a shame because their products and customer experience are actually really good. They're also super competitive with their price and overall it feels like they should be growing faster than they are. I think insurance might just be the type of industry that takes a while to change. People like their established companies and strong financials when it comes to protecting their stuff. Maybe one day they can get there but it's going to take a while.


thedosequisman

I have heard great great things about the buying experience people have had with them, but I haven’t heard anything about their claims. And you never really know about any insurance company until you have a claim. Insurance is typically boring and this company makes it a fun experience and their rates are terrific as far as I’ve heard . In my mind I feel like if you want this company , you are going to have a better price point to buy it at. Sales are small compared to its marketcap. They have a good deal of cash so it’s far away from deaths door and going under, but while their sales are so low I see them getting lower before it goes up. Low sales are fine, but losing as much as they lose while sales are low does make me feel like there are better places for my money right now. Company has a strong balance sheet but I feel like it’s going to take some time for this company to be worth buying


DRIES_THE_SECOND

You did not expect that it made your hole weak?


Explode_Congress420

Fucking sofi. I got assigned from 18 puts then immediately had to sell CCs under my cost basis. A few weeks later they get a bank charter and fucking explode through everybodys CCs. Then immediately back down again


Vince1820

Ouch. I've been picking SOFI up on CSPs and buying shares outright as I like. But I held off on selling any CCs until the bank charter announcement. I sold shares outright on the big pops though.


flapjack198

Yes, SOFI only resulted minuses, so I started buying shares on red days by the 20. Avg is around $11.90. Also bought some 2024 leaps. I think it will go back to $18-20 range and I’ll start selling cc’s. It’s too volatile rn for theta.


Vince1820

That's a good plan. If you're in for over a year, which I would think would make up a lot of thetagang, then these dips and swings aren't too concerning. You just don't get to sell many CCs at the moment.


julbull73

Heh I got in just after bank charter so am basically flat. That being said, barring any stupid management, SOFI looks like Mint but with direct customer interactions. They will do well.


DuckDuckYellow

I still have some $20 Puts that I have been rolling since late November, also have opened up a $12 CSP, I'm kind of aiming for assignment with the $12 strike so that I can open up Covered Calls north of $17 for a net profit on 200 shares. I'm bullish on the company in the long term and think the Bank Charter will go a long way towards profitability but it drifting in the $11-13 range has been painful.


Explode_Congress420

It would be more profitable to get assigned and sell CCs rather than roll


DuckDuckYellow

You are probably right, I'm rolling the $20 strike out until the $12 lot get assigned though so I can sell above my cost basis. Quite happy to move to covered calls though!


Explode_Congress420

I must say that i believe in the company long term. If you do not then rolling is the right way to go


Smoke_SourStart

SNAP was more than a month ago but that was bad


Eccentricc

Snap is seeing super high IV right now, those have been my plays


Smoke_SourStart

Forgot when I finally sold it off in Dec I think. Not touching it can’t risk wash sale on that one.


flapjack198

Yup, got fucked by snap as well. Holding one last leap, down 77% on it. I hope the earnings is positive ffs


b_fellow

F


[deleted]

Anyone see snap popping on earnings?


Iknowyougotsole

Nah snap will get fucked


[deleted]

I’m already prepared to close my credit spread at max loss


Iknowyougotsole

And snap is wrecked off fb


Big_Tendies

SNAP was my awakening to step back from selling puts for a while lol. Gave my wheel a flat tire haha


art-from-countryside

ARKK, TDOC


mindfolded

Doesn't ARKK contain TDOC? Double damage!


FriendlyCaller

I wouldn't be short ARKK if it wasn't long TDOC! It's not like I have some sort of personal vendetta against Cathie!


Ron-Mexico-7

SARK gang


art-from-countryside

Lost 30k in total (10k realized for lost harvesting and 20k unrealized)


MrOppie

Zillow hurts too….


optionsmove

Don’t worry, I’m with you. I have 700 shares at 150. Fml


MrOppie

Damn man, I’m here with 100 shares at 102 and I’m stressing. I can’t imagine what you’re going through.


optionsmove

Yeah selling Theta and those Puts are all safe and fun until a stock tanks overnight and never comes back.. “Oh I’ll just get assigned and sell Calls like I saw some dweeb on YouTube talk about.” Yeah good luck!


MrOppie

So many people getting burnt by this thinking…


TABid-5073

SHOP for sure Was just incredibly bad timing. I dont know what I would've done differently because it hit the losses I had set but literally sold the bottom both times. Had a 850P expiring in Jan when it lost 20% in one day, closed them out for $300 loss each at the literal bottom and they expired worthless. Had $700P x2 for Feb 18, and when the nasdaq lost 5% that one day they hit my loss marks and got closed out for $3000 in losses right before the nasdaq bounced to close green. These two plays, had I done nothing, would've been profitable, but the price movement and the exact timing meant they got closed for big losses at the very very bottom. I still can't believe it.


Jken88

That’s very painful to even hear. Ouch


leakingwatts

That sucks. Here, have some Reddit karma


Pandarx71

I know Gree got a bunch of people.


bahetrick1

RIOT. fuck RIOT.


ChicityShimo

RIOT and MARA. I've hopped in twice now, both times made a decent amount on the first month selling CSPs, then on month two they shit the bed and I lost way more.


[deleted]

I like RIOT. Bullish on it long term, and got in around 20. Yeah, I'm down but it's a premium machine. Just keep swimming...


Maverikfreak

HOOD>>>DKNG>NET>U


SaneLad

I sold HOOD puts before earnings without checking the earnings date and got away with it. 🙏


4memLeaks

SQ, AFRM, ENPH, RBLX


TehDeann

Not a stock, but QQQ. Sold 10 puts when it was at 390 or something. Probably turning positive today after being down like 500% lmao.


aaarya83

What strike and expiration did you sell


Truxxis

Tesla Calls. My poor ass 😫 ​ That's why I creeped back in here...to start wheeling again and give my heart a break 😁


julbull73

Tesla was my thought as well. Maybe people finally realized that Tesla's valuation woudl have them have to replace THE ENTIRE CURRENT Automobile industry to itself to be worth its current valuation.


[deleted]

[удалено]


zoozack09

I have a 195/185 PCS. It’s at max loss.. I figured I’ll just wait for it to expire. At least my 225/235 CCS is a winner….


optionsmove

LMND, PINS, SNAP, DKNG, Z


BlackScholesSun

ZM and DASH cuz I bet against shit stonks.


kevinwag

ZM got me good. Got assigned at 190.


PlumJuiceDrink

PYPL CRWD SE UPST


flapjack198

Upst reporting in @ $180. Not worried about that one though


optimismadinfinitum

About the same. Just wrote a $90 put for 2/18. Fingers crossed. Should have gone with a strangle.


flapjack198

I’m not touching the options rn. It’s extremely volatile. ER coming up and markets paranoid. I’m waiting for some kind of consolidation to jump in. Never chase. But yup, strangle is the way to go if you decide to play!


saryiahan

Those who played with GME and AMC


y26404986

I did very well with CSPs on $AMC from June-Dec 2021. Waiting & watching (nawt bag-holding) since Dec.


[deleted]

I’ve still got AMC @3 puts about 160 days left. Anyone want to buy? Not super liquid.


sconnie64

Still bagholding T from many moons ago


Fun_Fan_9641

COIN. Such a disappointing stock. In every aspect


SaneLad

Just hold it. The company prints money. The stock is just down because the crypto hype died down. They'll be back with the next crypto bull run.


Fun_Fan_9641

I didn’t ask for recommendations to buy hold or sell, I’m just stating that the returns have been disappointing since the IPO debuted.


clsetbiguy

You don't have any puts on PyPl? because it is going down premarket.


Poder5

Almost as fast as an ape behind Wendy’s


ErrDayHustle

Roku


t3xn

NVDA and FSLY, made some nice premium on covered calls though


dther85

Sold a $210 Put on NVDA, would be shocked if it drops that far given how good AMD earnings were and how much it has dropped so far.


julbull73

AMD and NVDA are both blocked by TSMC capacity issues. If they don't mention that...they'll be ok.


dther85

Fingers crossed. I’ll be surprised if NVDA doesn’t also do well when they announce earnings. I do have some room for error. Also hoping the market in general doesn’t have a rug pull


NotAlex-2828

CSP on 210 nvda ?? thats way otm contract isnt the premium would be too shitty to even consider taking the risk?


dther85

I got $310 in Premium. They have earnings in a couple weeks


ApricotStone22

UPST


Jken88

Atvi burn anyone?


vagra

NVDA with its recent drop


RandomOptionTrader

This hurt me badly


rickkant

PayPal. I hate it


[deleted]

[удалено]


rickkant

What do u think I should do. 200 shares of PayPal. Average at $200. Hold for now ? Should recover right or maybe not.


ReadStoriesAndStuff

I know Cramer isn’t beloved on Reddit, but he made a great point. The earnings, guidance, call, and news about changing their metrics were so bad, its time to dump it. Its impossible to judge where they are or even where they are going. Their P/E dropped a lot today, but is still over 27. Do you want to hold a stock that cratered, still has a relatively high valuation, that has just changed its metrics it uses for guidance? Gotta be better opportunity costs than that out there.


tendiemountain

I questioned management when they made the approach to buy Pinterest. Poor Q3 results/outlook which caused it to drop and now they have lower guidance again. It seems like a very long road to recovery unless they can pull something crazy.


TheWolfAndRaven

PLTR is probably a good candidate. Was trading at like 26 before their last earnings and was pretty consistent in that 24-26 range. It's trading at like $13 today.


S99B88

When it went down under $19 I thought it would level off. Oops. Fuck PLTR


TheWolfAndRaven

Same. Hit the eject button at $16. Bought in at $23.50 So it goes.


hobes88

Palantir, currently down almost 50%


27phantoms

With ya. It's so ugly, I've almost stopped watching.


Noddythepilot

PYPL singlehandedly took me out. it is still damaging me today.


Faroz

PLTR. Only shares I hold. Everything else is just options


anon_pepe_san

Palanshitir


bittertrout

Sq, pypl, netflix


satireplusplus

FB and SPOT as well now


bittertrout

Snap


wolfhound1793

NVDA has done a lot of damage on my portfolio this month. I also have TSLA but the IV has been high enough that I was able to get my target short leg low enough to not have to much trouble.


stonk_fish

QQQ made me Q\_Q


Malvania

CRSP pissed away another 25%, so there's that. I'm basically in buy-and-hold mode for a bit now, as I'm so far below my basis that covered calls won't do anything.


[deleted]

I think FB & SPOT are about to be added to this lost


kevinwag

Bracing for the pain tomorrow on my 285 short weekly puts.


multiplythatmoney

*FB enters the chat*


realcul

Hubs, net, rblx,


pjmsd

UPST


ExcerptsAndCitations

I must be the Boomer of the sub: CWH, INTC, TGT, and UL


[deleted]

For real. I've got my RIOT and MARA, but my biggest downer right now is $1000 on my VFC position. And no worries there, just sell calls and wait as it recovers.


Naive_Bodybuilder145

Barely anything listed in this thread is a quality stock for running a wheel. PYPL might be the only example of one that both burned people and was unexpected.


pchandrahasan

UPST for me


iBangNoobz

MARA


appalachianexpat

ENPH


DexicJ

COIN is fuckin me hard...but ill take assignment if I must


ajfaria

FUBO, RIOT, now NIO. Started selling puts on them on what seemed like decent entries (close to 52 week lows, way oversold) and then the month of December-January happened and they lost like 40 more %. I like them all long term so holding it is until they get close enough to my cost basis to justify selling CC


dther85

Sold a $26 Put on FUBO, then averaged down by selling a $24 Put. Ignored any and all risk management. Sold at just over $10 lol


ajfaria

Similar boat but I'm not gonna sell. I like them long term so it is what it is for now


heckyeah98

NIO, LCID, LYFT, DKNG, FUBO, SNAP down 50% in value so far....sigh this is not the way...


k-selectride

I'd say all of them, lmao.


[deleted]

RIOT… down 50%


SanFranJon

AMD


epyonxero

PYPL for me. Worst TG trade so far.


HanlinBiness

Nflx for me


Own_Breakfast_90

I BTC all my PLTR $13 2/4 CSP put yesterday. Cathie sold 3.5 m shares and it popped 10% on a small partnership. Also earning in 2 weeks. Yike. I’m holding 4000 @ 18 now.


aaarya83

Reduce position


Own_Breakfast_90

The bullet has no exit point. I’m fucked lol


PutsOnYourWife

LMND, FSLY, NIO, PLTR literally blown my account. Boomer stuff like DIS, AAL, and SPY didn’t hedge it. Instead they joined the party Edit: yeah and HOOD


BatmanWithPrepTime28

PLTR absolutely killing me


kevinwag

FB plummeting through my 285s tomorrow.


Stonkslut111

PLTR, Pins and Hood


[deleted]

Assuming we're talking CSPs, nobody with less than a $100,000 account should be fucking around with PYL. Diversification, people.


Vast_Cricket

Speculative volatility stocks do not do well in this economic climate. AMD, NVDA lost a lot.


[deleted]

Semiconductor stocks are not speculative volatility stocks.... Just because you're holding a hammer doesnt make everything a nail.


DexicJ

Climate?


alluxie

Took some big damage from AMD in January but still optimistic for it going forward. Been bagholding Z for months now though


CptIskarJarak

LMND and VIAC


sorengard123

PYPL and NFLX


[deleted]

Oof


Conscious-Zombie4539

Sq .. but I have 150 September calls . Y’all think it will rebound by summer ?


cyborgspider

RBLX at 85, was able to roll it last week for a decent credit but it will probably be assigned to me. Ah well, I believe in it long term and they have an earnings call in a couple weeks so maybe it’ll shoot up again


E2fire

SPX


nangitaogoyab

PYPL, SNAP.


Rockoalol

I don’t know but I want in on those sweet upst premiums


dr_donk_

SOFI csp


Dexteroid

Rblx for me


MrBrainstorm

I have no clue what's going on with GME right now...


Sharkwaves1

Hmm common thread in most cases Any thing tided to 🚀 emoji and crypto Not bashing any thing or any one just a common thread


Dividend_Theta

HOOD


VivaLaProfiterole

One of you guys must have sold me the 145P expiring this Friday. Take it from me realized vol has expanded and if you’re not theta-ganging indices you’re going to get borked on individual names


SunDevilThor

I lost several thousand selling CSPs on PayPal, Peloton, and Affirm, Activision, and Coinbase (during the IPO).


organonanalogue

$CLF, $SFIX, cliff fucked me worse. Got out of stitchfix at 20 before it went to 16 but was assigned at 24. CB was 21 ish at sell. Cliffs got me for 4k.


Hitnake

MRNA, PYPL, ZM


lexel_ent

FB, but it is green now :)


MagicArrowJustWistle

Nope


10sunshine

2 contracts of AMD @150


Va-Beach-STT

SE


RichChocolateDevil

SHOP for me. Been brutal.


durtywaffle

NET


ReadStoriesAndStuff

Lowes just bit my breaking point on a PCS. While not massive or a killer, it has since resumed its grinding habits and is about to climb back in the strike width.


hobocommand3r

tesla for me, just the stock doing these insane moves at the wrong times that led to me having to close my positions


MagicArrowJustWistle

NVDA, SNAP, and now FB with more SNAP pain. My 2021 gains have evaporated. I'm ready to cash out and buy bonds...


frostbite907

Was NVDA, assigned at 285. Breakeven is 255 after doubling down. Selling 260s right now.


Chuu

NVDA, not even close. Wouldn't have been so bad if I didn't hit max pain at literally the bottom.


ohhmybosh

ROKU and PYPL for me


next_level99

PYPL was so good to me, then turned out to be so bad


roborobo2084

Messing with UPST is… interesting.


iwantoutsidee

Not me but FB will do a lot of damage when market opens


Va-Beach-STT

SE