Hes richer than you though

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I'm not OP but I can explain the logic. Its mainly selling options that gives you the safety net hes talking about (or buying puts when you have a lot of shares of something to protect you against the downside). Selling calls can be used to lock in gains and get a premium on top of it for selling someone the right to buy your shares at a higher price. You either sell your shares for higher than current price and keep the premium too, or the stock goes down and you just pocket the premium (assuming you sell OTM calls). It's a win win unless you wanted to hold the shares past the strike price you chose. Pretty much guaranteed profit either way Flip side of it, selling puts, can be used to pocket a premium and then buy shares for a more attractive price than the current price (again, assuming you sell OTM puts and want at least 100 shares of the underlying company) I've been using both methods on RDDT stock so far. Sold calls against my pre-IPO shares when the stock went crazy the first couple days and pocketed the insanely high premiums from selling those (since the volatility was so high) without having to sell a single share. Then when it sold off massively down to ~40 I sold a couple of $30 puts since I was either going to get more shares at a $30 average or just pocket the premium if the stock turned around and started running up again. Read up on options writing/selling. It's the way smart/big money actually play options. There's ETFs out there that use this strategy to pay out a fat dividend (JEPI for example). It's pretty safe but caps your gains if the stock runs way past the strike price you choose The high risk way to do options is to buy them and like 90+% of the time it results in a loss, which is why you see so many wsbers blowing up their accounts obsessively buying options

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Hes not himself this time , he seems pressurized and choosing words very carefully.

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Im trying to save this bear from donating more funds. Im giving my advice hed make more money if he just sold it then hold a loosing position. He can make that money back. And double it with a stock. Theta will burn his position. Hes loosing money everyday he holds those contracts. He can double his money with share price action. Or other contracts. If he beleives in the contract so much he can buy his contracts again when its cheaper to. Then he makes more profit. But sure hold a loosing position and your right the market changes. theres other oppurtunities to make money that are at stake.

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they need to fake it and pretend in the media so all the idiots go full in "i think we might get a shock rate cut, im getting some options.....im gunna beat the market" while all the big dogs will be shorting. thats my thought. hes been so clear no cuts yet people think "maybe?" i almost feel a hike is more likley than a cut

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Tf is wrong with this guy, hes syphoning my soul I can feel how my calls lose value

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Hes like 90 whats the point lmao

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uhh he made 41k in a day bud. pretty sure thats not nothing and i could see why hes making the joke. plus it was literally 3 years ago. we remember what it was like 

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Good for the CEO Hes a true WSB member

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She never delivered anything. Ever. She was a pure scammer. Hes not. That company has built a LOT of stuff. He has delivered. Theres no comparison.

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