Recent comments in /f/wallstreetbets

VisualMod t1_j6p366l wrote

I believe that the BABA $119 Put + $9.98 1D 1W 1M position is a good trade for today. The current price of BABA is $110.11, which means that the option has already increased in value by 5.83%. I expect the stock to continue to fall over the next week or so, which should result in even more profits for this trade.

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Fausterion18 t1_j6p2ugs wrote

Totally irrelvant, I'm only addressing the fire sale and the CEO speech.

> I think there is a huge difference between what individual retail traders do and what is done at the big banks on Wall Street.

There is zero difference from a wsber selling an option and one of the traders in that scene selling a bunch of mbs.

> This movie was an indictment of that. I'm surprised you're not seeing that. That is what my original point was in my first comment.

Your original point is a red herring.

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G33kyT33py t1_j6p2qmv wrote

Reality is that this is the place for the people who want high risk high reward type trades. That probably selfselects for the kinds of people who goes all in whenever theres any hype about anything (and those of us with popcorn to eat).

This is a casino, don't tell the gamblers to play it safe.

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