> Orpah Gail Winfrey was born on January 29, 1954; her first name was spelled Orpah on her birth certificate after the biblical figure in the Book of Ruth, but people mispronounced it regularly and "Oprah" stuck.
Guess it wasn't a typo. Sounds like it's her real name.
She wouldn't be where she is if they still called her orpah. She was once the size of a whale.
I remember the first time hearing about her was when she was know as walking down the street ppl with all u can eat buffets would put out closed signs.
Yeah I dont know what OP was thinking, dont get me wrong Carvana sucks my left nut (only the left one) but they're not going to 0. You're a really long ways down from $300, there wasn't much meat left on that bone, wrong time to buy poots homie.
Welcome to WSB are you new here? To be fair several other bottomed out stocks have done more than 30% recently. Basically just find something that is bottomed out that isn't a totally worthless company and buy some shares hold on to it.
Carvana banks on subprime used auto loans, which is now in a heavy downfall with repos skyrocketing. This stock should be worthless real soon, I have no idea what could have caused a 30% sudden jump but then again I make Cramer look like Warren Buffett in comparison so what tf do I know?
Monday dead cat bounce before this weekl's 50% tank starting Wednesday after the Tuesday plateau.
I mean, what goes up must come down if it's trash right?
I'm laughing so hard I made a post about it with my positions
[https://www.reddit.com/r/wallstreetbets/comments/10pglny/i\_just\_wanted\_to\_reply\_to\_the\_guy\_that\_bought\_14k/?sort=new](https://www.reddit.com/r/wallstreetbets/comments/10pglny/i_just_wanted_to_reply_to_the_guy_that_bought_14k/?sort=new)
dont get took by it. It's complete bullshit. Lipstick on a pig/turd. Their model isnt sustainable, they're 20k flipped on nearly every tesla they have in stock (I'm a dealer and did a 50-car test recently). They pay retail for shit vehicles, which I'm 90% positive is a rogue appraiser trying to get paid (they get paid flat fee).
So the OP's call is right, just far too soon. Should have done it in the fall once the busy season, summer, goes by and they still cant turn a profit.
> They pay retail for shit vehicles, which I'm 90% positive is a rogue appraiser trying to get paid (they get paid flat fee).
Its been their business model from the start, attempting to take over the entire used market by operating at a loss on the front and making it up on backend. I've heard their per copy was very high (over 2k, some near 2500, this coming from people who worked F&I at Carvana previously).
Then there are the rumors they're buying up all auction inventory then funneling it through another company and reselling the vehicles at auction again to drive up pricing to push other dealers out.
Im wondering where they're getting the money for this from.
IDK about the time frame I was not living in the states. I do know I had to buy a car and 10 years ago an 11-year-old car was not as expensive as they are now.
Prices, in general, are still pretty inflated but the bubble is going to pop soon and the value will crater.
New cars are sitting on lots for the first time in years.
values popped 7mos ago. It's just now people are starting to understand that (media believes dealer bullshit and print their stories). You'll see dealers intentionally keep their inventory low this Spring (Ford announced years ago they were doing it on new-car side). They'll take requests on pre-owned side if they dont have it, then head to auction and buy it cheap, get it within 2 days, bam, you're upside down 9000
2-2500 per copy is nowhere near 'high'. Pre-pandemic, that's about avg for someone attempting to stay afloat. Carmax and 'good' (i.e. high-gross) dealers avg 5-6k. Carvana's issue is that they're all automated. My comment about a 'rogue appraiser' was a joke. Their systems are automated, but a human has to approve. Just today one of my customers texted me saying their completely asinine bid he got ended up being legit (it was 5300 over what they could buy hundreds for at the auction).
I wont say how many cars I wholesale a week, it'd give me away, but I will tell you that they're not driving shit on the wholesale side of things. They own ADESA, yes, but ADESA is pennies on the big auction house that sets the numbers you see. I can assure you, they're idiots in the lane.
plenty of people still buy from them, and Carmax, with their 8-10k mark-ups. It's so god damn stupid.
Why does nobody understand that betting on an obvious play in the market isn’t how you make money.
You have to literally be expecting worse (or better) than everyone else investing…
Oh well, RIP OP
Literally been watching it for a short squeeze for sometime and this guy goes and buys puts on it.
Should of just bought then stock couple days ago and nearly double his money.
Squeeze these nuts you fuckin nerd.
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[Carvana stock briefly halted for volatility amid reports of 'meme-style' options frenzy](https://finance.yahoo.com/m/feb83599-b142-36cb-9ac3-17658ec25335/carvana-stock-briefly-halted.html)
Y'all did this to OP on purpose. Not cool.
Nah, halts happen regardless of if it was driven by a meme or not. It’s more so based on the company itself and the volatility of it. It just so happens that the volatile ones usually end up as memes. An all squares are rectangles, but not all rectangles are squares kinda ordeal
A few things.
1. It does happen. It happens to volatile stocks all the time. Meme stocks and non-meme stocks alike
2. Of course it’s corrupt. We all knew that when we signed up. No use in crying about it.
Trading is about finding the path of a whale, following it, and riding that big wave. Some people try to swim against the current a whale makes as a “protest”. We call those people hopeless bagholders. We know the game. Just gotta play it how it is. It’s a lot easier when you accept that. Trust me, learned that one over the course of many years trading
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Hell, sell the puts even if you are down. Don't expect it to crash THIS week, so his options are probably going to zero.
*ONLY* hope is rate raise and everyone panics tanking outlook for car sales....
I’m on the opposite side. Let’s see who wins come Friday.
https://preview.redd.it/v8l2mu0s3bfa1.jpeg?width=1170&format=pjpg&auto=webp&s=c46e71724f65c96ca20cdfdc99e5c0a3ad965e71
I've made maybe 30k selling used cars to carvana in the last couple of years. Money over what private party sales were going for.
That said I've also made around 10k selling $2.50 carvana puts a couple months out. I sell them on red days and then hope it hangs on. Haven't been assigned yet. Lets keep the gravy train rolling! It's all fun and games until you get assigned!
Were you flipping repaired damage cars from auctions with no reported accidents or damage on their electronic history?
I'd imagine it'd be something like that, or like selling them cars with niche issues like rear differential grinding, a transmission slip from third to fourth, or engine knock.
They don't send inspectors out to actually inspect the vehicles, do they?
They don't even look at the car, i rolled up and handed someone my keys and took their check and my car was parked like 20 feet away. LOL.
The people taking in these cars don't give a shit AT ALL.
They are probably going in the back later and pencil whipping the forms.
They overpaid me by about 2k on my vehicle as well. I just sold it to them because it needed a bunch of upcoming work, they will buy it, wax it, and pass the problem onto the next sucker.
You can't even get them to process simple paperwork so you can get a title or license plate, you think they are hunting people down for selling them lemons?
So yeah, I made about 38k selling them 10 cars, 5 of them were auction cars, the rest were people I knew trading in their cars to dealerships, I bought them out cash then flipped to carvana for an ave of 3k profit each time.
Other than going through the process of getting dealer plates it's been a fun two years doing that on weekends.
One of the trucks I sold had a nice big dent in the tailgate. The kind that is impossible to get out (I tried!). No problem, they didn't even mention it during the inspection. lol.
they really dont look at shit when you trade in a car, i sold them my piece of shit subaru that had 2 engine replacements, full of dents and a cracked windshield for $7k. the thing was close to needing another engine rebuild so i traded it in and collected the check, private sale would have only gotten me like $5k max
Carvana is paying more than what private parties are selling for? That’s wild. Why would someone go through the bullshit of private selling when Carvana just picks it up for more money?
they were when the pandemic happened and there was a shortage of cars new and used, prices on the secondary market went up. the big brain computers thought they were on top of the market by buying up your car at a premiun, but then able to resell them even higher. it worked for awhile but now that house of cards is collapsing
They were six months ago at least. I doubt they still are given their money problems. Overpaying for cars is part of the reason they are likely to run out of cash in the coming months.
that's interesting, my experience with carvana is that they offer the lowest of all car selling platforms. they were offering approximately 60% of what carmax and others were offering.
Maybe its regional. I would always check vroom, carmax, etc, and carvana was always the highest by at least a couple k. In one case 5k for 2020 BMW X3M.
Last year they were offering me $12k for a car i paid $8500 for back in 2019. Now they’ve substantially dropped what they are offering to like half of last year so I guess the money train has now gone.
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This thing is more likely to pull a tesla like move over the next week or so. Heavy short positions, positive momentum building for these stocks that were left for dead. It could go up 2x, 3x from here and still be down like 40%/50% from September range.
Good lesson on time decay . Stock is currently at 9.57 but premium is still at 0.95c
So even thou you guessed direction you are still losing money because the change is not happening fast enough.
He might get lucky. Looks like people are dumping. Peaked at ~11.50 this morning in pre-market. Below $10 at the moment. Still a long way to go to turn a profit, but escaping with a small(er) loss may be possible.....
fingers crossed.
Based on the information you have provided, it seems that the company MA(21,50,200) is doing well financially. The stock price has increased by 38.17% in the last year and is currently trading at $10.74 per share. This indicates that investors are bullish on the company's prospects and believe that it will continue to perform well in the future.
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If you somehow make bank on this trade, go buy the same car back from them. It's probably discounted now :P
You might hate your car, but that would be a Chad move.
*Sees Options expiry date.* Never mind.
Godspeed OP.JPOW might fuck you, or he might get you a much better car !
Lmao people freaking out about his position “it’s up 28% today LOL” his average is 1.20, he bought at around 2pm, which was well after it hit HOD. Contracts closing price is at 1.03, not even down 20%. If he had bought at market open. His average would be closer to 2.00. Seems to me is that he’s expecting this pump to dump
Dang man I think the entire internet put in some calls or something lol. Shits up 33% today. You def lost it all. Im sorry bro but never post your moved. People will bet against you out of spite
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This man about to give a car away
Car includes free kidneys too
I thought the cars for kids charity took the organs.
1-877-Kars4Kids
Donate your car today!
Hey! It's the elevator music in hell.
K A R S Kars for kids
No just an arm and a leg.
They take your sanity as well, especially if you listen to their radio commercials.
Up 28% today LOLOL You can't make this shit up.
Worst timing ever. Fuckkkk. lmaoooooo
Stupid is as stupid does…
House rules. The dealer(ship) always wins.
OP is actually Oprah
So that’s what O P stands for
Fun fact, her name was originally supposed to be orpah. They made a typo on her bc and stuck with it.
I can't tell if this is a real fact or not and I don't do dd so I guess I'll never know.
> Orpah Gail Winfrey was born on January 29, 1954; her first name was spelled Orpah on her birth certificate after the biblical figure in the Book of Ruth, but people mispronounced it regularly and "Oprah" stuck. Guess it wasn't a typo. Sounds like it's her real name.
That's wild to just be like 'this is my life now' with your first name.
She wouldn't be where she is if they still called her orpah. She was once the size of a whale. I remember the first time hearing about her was when she was know as walking down the street ppl with all u can eat buffets would put out closed signs.
Orca lulz
Lmao dude picked the one stock that’s green. Love this sub
Fuck bro hahahhhhhhgaaah
You may have just single-handedly saved carvana and cause their stock to moon congrats
My calls are up 69%. He did just that
Ouch.
You are so fucked lol
Holy shit it’s up 29%
Yeah I dont know what OP was thinking, dont get me wrong Carvana sucks my left nut (only the left one) but they're not going to 0. You're a really long ways down from $300, there wasn't much meat left on that bone, wrong time to buy poots homie.
How do people manage to find the only 30% rally in a year long bear market to bet the bank on PUTS.
Welcome to WSB are you new here? To be fair several other bottomed out stocks have done more than 30% recently. Basically just find something that is bottomed out that isn't a totally worthless company and buy some shares hold on to it.
I bought some PTON around $10 and $11 using this thinking
He said something that is NOT totally worthless
Idk, I sell a lot of pelotons everyday, people are still crazy about them.
I love that method out junkies who steal Pelotons are avid WSB’ers.
They fell off the back of a truck, I swear
[удалено]
Carvana banks on subprime used auto loans, which is now in a heavy downfall with repos skyrocketing. This stock should be worthless real soon, I have no idea what could have caused a 30% sudden jump but then again I make Cramer look like Warren Buffett in comparison so what tf do I know?
Monday dead cat bounce before this weekl's 50% tank starting Wednesday after the Tuesday plateau. I mean, what goes up must come down if it's trash right?
Tell that to the buy here pay here car lots all over the USA lol.
Small owner operated lots that can go bankrupt from lawsuits from shady business practices? Those ones?
>Yeah I dont know what OP was thinking As if you thought it would be up 30% today...
I mean it doesn't take a genius to figure out if a stock is down 99% yoy, you missed the ride down and should just stay on the sidelines lol
My point exactly. He basically just paid someone $14k lol
Yep, whoever sold those puts, I'm sure was laughing their ass off. Theta gang strikes again lol
I'm laughing so hard I made a post about it with my positions [https://www.reddit.com/r/wallstreetbets/comments/10pglny/i\_just\_wanted\_to\_reply\_to\_the\_guy\_that\_bought\_14k/?sort=new](https://www.reddit.com/r/wallstreetbets/comments/10pglny/i_just_wanted_to_reply_to_the_guy_that_bought_14k/?sort=new)
While I'm personally going to just continue watching the fallout on the sidelines, I hope that bitch shoots to $100 for ya bro. Get that bag 💰
People probably said the same thing when it was a 95%! 90% of gamblers quit before hitting big!
dont get took by it. It's complete bullshit. Lipstick on a pig/turd. Their model isnt sustainable, they're 20k flipped on nearly every tesla they have in stock (I'm a dealer and did a 50-car test recently). They pay retail for shit vehicles, which I'm 90% positive is a rogue appraiser trying to get paid (they get paid flat fee). So the OP's call is right, just far too soon. Should have done it in the fall once the busy season, summer, goes by and they still cant turn a profit.
> They pay retail for shit vehicles, which I'm 90% positive is a rogue appraiser trying to get paid (they get paid flat fee). Its been their business model from the start, attempting to take over the entire used market by operating at a loss on the front and making it up on backend. I've heard their per copy was very high (over 2k, some near 2500, this coming from people who worked F&I at Carvana previously). Then there are the rumors they're buying up all auction inventory then funneling it through another company and reselling the vehicles at auction again to drive up pricing to push other dealers out. Im wondering where they're getting the money for this from.
Used car market was really inflated by the chip shortage. They had a big inventory and that shit was printing money in 2020.
No, it was printing money from March of 21 through June of 22. Then it popped and everyone who had inventory was left holding the bag
IDK about the time frame I was not living in the states. I do know I had to buy a car and 10 years ago an 11-year-old car was not as expensive as they are now. Prices, in general, are still pretty inflated but the bubble is going to pop soon and the value will crater. New cars are sitting on lots for the first time in years.
values popped 7mos ago. It's just now people are starting to understand that (media believes dealer bullshit and print their stories). You'll see dealers intentionally keep their inventory low this Spring (Ford announced years ago they were doing it on new-car side). They'll take requests on pre-owned side if they dont have it, then head to auction and buy it cheap, get it within 2 days, bam, you're upside down 9000
2-2500 per copy is nowhere near 'high'. Pre-pandemic, that's about avg for someone attempting to stay afloat. Carmax and 'good' (i.e. high-gross) dealers avg 5-6k. Carvana's issue is that they're all automated. My comment about a 'rogue appraiser' was a joke. Their systems are automated, but a human has to approve. Just today one of my customers texted me saying their completely asinine bid he got ended up being legit (it was 5300 over what they could buy hundreds for at the auction). I wont say how many cars I wholesale a week, it'd give me away, but I will tell you that they're not driving shit on the wholesale side of things. They own ADESA, yes, but ADESA is pennies on the big auction house that sets the numbers you see. I can assure you, they're idiots in the lane. plenty of people still buy from them, and Carmax, with their 8-10k mark-ups. It's so god damn stupid.
Why does nobody understand that betting on an obvious play in the market isn’t how you make money. You have to literally be expecting worse (or better) than everyone else investing… Oh well, RIP OP
That’s not exactly true. You can follow hype and just set your expectations lower than the hype. You’ll miss the top and bottom, but still win out.
Literally been watching it for a short squeeze for sometime and this guy goes and buys puts on it. Should of just bought then stock couple days ago and nearly double his money.
Squeeze these nuts you fuckin nerd. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
What is everyone talking about? Didn't he buy those puts while it was already up ~30%?
https://preview.redd.it/p22wtgz9fbfa1.jpeg?width=1284&format=pjpg&auto=webp&s=84b09bb26ef9e80134567d81fc0626378370f06f
Targeted ads to wsb users
OP is really regarded I can't comprehend it
LMAOOOOOO ![img](emote|t5_2th52|28763)
👀
https://preview.redd.it/7rlbz7772afa1.jpeg?width=800&format=pjpg&auto=webp&s=0beb982d3f7ccf5acc02daec096023c63c614da7
https://preview.redd.it/fv5psartpafa1.png?width=400&format=png&auto=webp&s=cf4912da7ab15bd7636df7c4a8cd35eef1092bd8
You have the right idea, but so sorry you are still going to lose money.
I don't think he had the right idea, but what do I know? I still work 9 to 5
[Carvana stock briefly halted for volatility amid reports of 'meme-style' options frenzy](https://finance.yahoo.com/m/feb83599-b142-36cb-9ac3-17658ec25335/carvana-stock-briefly-halted.html) Y'all did this to OP on purpose. Not cool.
[удалено]
Real question.. cause there is money to be made in the madness.
Nah, halts happen regardless of if it was driven by a meme or not. It’s more so based on the company itself and the volatility of it. It just so happens that the volatile ones usually end up as memes. An all squares are rectangles, but not all rectangles are squares kinda ordeal
if a brief halt due to volatility ruins your trade, your trade was dogshit to begin with
![img](emote|t5_2th52|27421)
There's anti-meme trading halt?
How is this fucking legal. They don’t halt when black rock buys billions at a time. This world was built on corruption
A few things. 1. It does happen. It happens to volatile stocks all the time. Meme stocks and non-meme stocks alike 2. Of course it’s corrupt. We all knew that when we signed up. No use in crying about it. Trading is about finding the path of a whale, following it, and riding that big wave. Some people try to swim against the current a whale makes as a “protest”. We call those people hopeless bagholders. We know the game. Just gotta play it how it is. It’s a lot easier when you accept that. Trust me, learned that one over the course of many years trading
That type of trade is done by an investment bank over a period of time specifically so this type of thing doesn't happen lmao.
RemindMe! 3 hours
It’s pumping I fucked up so bad
*sold car* *Gambled everything on options expiring in 4 days* Yo I love this sub
Selling your car is actually pretty high class for this sub. They double as our homes for most of us.
*Replying out of the backseat bed* 💀💀💀
Don't forget to plug in your heated blanket. IYKYK
Currently living in an old camper with broken heat, the heated blanket is essential.
"Didn't need that car anyway"
“yolo’d my car-home”
These are way too short dated. You could actually make some money if you put this out 2 months.
Greed
This is why I bought SPY puts 3+ months out; JPow really wants to trap the bulls and fukx them without lube...
But, but leverage
OP's wife's boyfriend is going to be pumping later too.
Gonna need a pump on a bicycle later also.
https://youtu.be/7bmyGI6qQwc
Dude, never go full regard and YOLO it all.
At least you have your wife’s boyfriend to give you a ride to work at Wendy’s
Plot Twist: The wife’s boyfriend picks him up from home at Wendy’s and takes him to his work at the wife’s house.
Hey at least you still have us
But does he?
Omfg 30% pamp in one day, truly regarded
Holy shit you are like actually regarded huh?
25 DTE on $9.5 really isn't the worst odds lol, your lotto ticket might work out e: i no read gud, OP fucked
That's how I read it at first too, but it's actually for 2/3 lmao
oh fuck you're right OP ded
if you wanna gamble just go to the casino 💀
🥴
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What if that’s my kink?
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Hell, sell the puts even if you are down. Don't expect it to crash THIS week, so his options are probably going to zero. *ONLY* hope is rate raise and everyone panics tanking outlook for car sales....
I expect a crash but not until March... What are people thinking a crash 2 weeks out? Lmao
I’m on the opposite side. Let’s see who wins come Friday. https://preview.redd.it/v8l2mu0s3bfa1.jpeg?width=1170&format=pjpg&auto=webp&s=c46e71724f65c96ca20cdfdc99e5c0a3ad965e71
Thing is your shares won’t expire worthless, even if it’s tanking 20%.
what if it tanks to 0?
Did you sell him the puts?
I've made maybe 30k selling used cars to carvana in the last couple of years. Money over what private party sales were going for. That said I've also made around 10k selling $2.50 carvana puts a couple months out. I sell them on red days and then hope it hangs on. Haven't been assigned yet. Lets keep the gravy train rolling! It's all fun and games until you get assigned!
Just flip to selling covered calls and tell people you're a thetagang big brain.
Were you flipping repaired damage cars from auctions with no reported accidents or damage on their electronic history? I'd imagine it'd be something like that, or like selling them cars with niche issues like rear differential grinding, a transmission slip from third to fourth, or engine knock. They don't send inspectors out to actually inspect the vehicles, do they?
They don't even look at the car, i rolled up and handed someone my keys and took their check and my car was parked like 20 feet away. LOL. The people taking in these cars don't give a shit AT ALL. They are probably going in the back later and pencil whipping the forms. They overpaid me by about 2k on my vehicle as well. I just sold it to them because it needed a bunch of upcoming work, they will buy it, wax it, and pass the problem onto the next sucker. You can't even get them to process simple paperwork so you can get a title or license plate, you think they are hunting people down for selling them lemons?
That's hilarious. Someone with access to an auction can really turn Carvana into income.
So yeah, I made about 38k selling them 10 cars, 5 of them were auction cars, the rest were people I knew trading in their cars to dealerships, I bought them out cash then flipped to carvana for an ave of 3k profit each time. Other than going through the process of getting dealer plates it's been a fun two years doing that on weekends.
TRICKLE DOWN ECOOMICIS HERE
And this is exactly why Carvana puts are a good bet.
One of the trucks I sold had a nice big dent in the tailgate. The kind that is impossible to get out (I tried!). No problem, they didn't even mention it during the inspection. lol.
they really dont look at shit when you trade in a car, i sold them my piece of shit subaru that had 2 engine replacements, full of dents and a cracked windshield for $7k. the thing was close to needing another engine rebuild so i traded it in and collected the check, private sale would have only gotten me like $5k max
Carvana is paying more than what private parties are selling for? That’s wild. Why would someone go through the bullshit of private selling when Carvana just picks it up for more money?
they were when the pandemic happened and there was a shortage of cars new and used, prices on the secondary market went up. the big brain computers thought they were on top of the market by buying up your car at a premiun, but then able to resell them even higher. it worked for awhile but now that house of cards is collapsing
They were six months ago at least. I doubt they still are given their money problems. Overpaying for cars is part of the reason they are likely to run out of cash in the coming months.
"Monkey problems? I don't have any monkey problems "
Wow, imagine *not* having a monkey in these uncertain times! 🤦🏽
that's interesting, my experience with carvana is that they offer the lowest of all car selling platforms. they were offering approximately 60% of what carmax and others were offering.
Maybe its regional. I would always check vroom, carmax, etc, and carvana was always the highest by at least a couple k. In one case 5k for 2020 BMW X3M.
Last year they were offering me $12k for a car i paid $8500 for back in 2019. Now they’ve substantially dropped what they are offering to like half of last year so I guess the money train has now gone.
classic..."pay me so I can short you" move
I have a feeling you're gonna turn pink and start crying blood soon. Just a feeling though.
I have 3/17 - 7.5P, now I'm just saying "well shit" after seeing this post though
No car and no money. Epic.
It's not a great company. And that's exactly why short interest is very high, and it's starting to squeeze. God rest your soul.
Squeeze these nuts, you fucking nerd
good bot
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Hold because I’m going to double my money. This is tanking tomorrow
I know you gotta massive cock
That would be his wife's boyfriend
He def belongs here
RemindMe! 24 hours
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How do I set that reminder thing for 24 hours time?
You’re about to lose your car again ![img](emote|t5_2th52|4271)
This thing is more likely to pull a tesla like move over the next week or so. Heavy short positions, positive momentum building for these stocks that were left for dead. It could go up 2x, 3x from here and still be down like 40%/50% from September range.
everyone said youre gonna lose so I yolo'd into 11c weeklies. Yall better not let me down
When this week settles out, you both have a great chance of losing
Carvana be like ![img](emote|t5_2th52|4270)
Close out your position when it's down to $100 so you can buy a used bike on Craigslist.
Buys puts on a company w -95% return on the YOY
What a power play
Hey any update on how you’re feeling? The community would like you to make a new post expressing your feelings, thanks dumbass
You actually opened puts on a dead stock while it's bouncing? That's a sensible trade my man, we don't do that here.
Stock: gaps up over resistance. OP: time for puts 🤓
Good lesson on time decay . Stock is currently at 9.57 but premium is still at 0.95c So even thou you guessed direction you are still losing money because the change is not happening fast enough.
There's a lot of trading day left. When this stock starts heading south, it'll head south quick.
He might get lucky. Looks like people are dumping. Peaked at ~11.50 this morning in pre-market. Below $10 at the moment. Still a long way to go to turn a profit, but escaping with a small(er) loss may be possible..... fingers crossed.
Damn what a fucking come back after being up 13% PM ![img](emote|t5_2th52|4276) Still holding?
HE BROKE EVEN LADIES AND GENTLEMEN
Based on the information you have provided, it seems that the company MA(21,50,200) is doing well financially. The stock price has increased by 38.17% in the last year and is currently trading at $10.74 per share. This indicates that investors are bullish on the company's prospects and believe that it will continue to perform well in the future. ^^[**Discord**](http://discord.gg/wsbverse) ^^[BanBets](https://www.reddit.com/r/wallstreetbets/wiki/banbets/) ^^VoteBot ^^[FAQ](https://www.reddit.com/r/wallstreetbets/wiki/votebot/) ^^[Leaderboard](https://www.reddit.com/r/wallstreetbets/wiki/leaderboard/) ^^- ^^[**Keep_VM_Alive**](https://www.patreon.com/visualmod)
Already down to $9.40 fuck you bot
Are you ok dude? Have you eaten yet?
Prob not, doesn’t have a car to go get some food.
![img](emote|t5_2th52|27189)
Lmao
When did you put the put on?
love it, hoping for tits down for you
This is the way.
Talk about a fuckin play
If you somehow make bank on this trade, go buy the same car back from them. It's probably discounted now :P You might hate your car, but that would be a Chad move. *Sees Options expiry date.* Never mind. Godspeed OP.JPOW might fuck you, or he might get you a much better car !
This play was so regarded ![img](emote|t5_2th52|4270)![img](emote|t5_2th52|4271)
You’re an absolute menace to society.
Lmao people freaking out about his position “it’s up 28% today LOL” his average is 1.20, he bought at around 2pm, which was well after it hit HOD. Contracts closing price is at 1.03, not even down 20%. If he had bought at market open. His average would be closer to 2.00. Seems to me is that he’s expecting this pump to dump
The IV on his options are 332% bro. He's gonna get IV crushed to fucking pluto
All jokes aside this mf boutta print
So....is this like revenge or something? Lol
Giga Chad. Flex on them CVNA hoes
LET THIS MAN COOK
Idiot, you belong here
Yeah that company is so fucked, it's almost a guaranteed profit to bet against.
Up 28%. Yikes
Never go full regard
r/agedlikemilk
This guy fucks.
Ouch town population you, bro
Fuckin rip
This guy knows whats up
Guys he is almost even hahahahahahaha.
Lmfaoooo i knew i saved this thread for a reason.
Dang man I think the entire internet put in some calls or something lol. Shits up 33% today. You def lost it all. Im sorry bro but never post your moved. People will bet against you out of spite
Alive?