u/Legitimate_Edge3812
▲ 13 r/wallstreetbets
Thought I was gonna lose, but ended up beating the market
SPXW 7105 Put: Avg cost 1.55 current price 53.15 up +3329%, market value $5315
QQQ 654 Put: Avg cost 0.51 current price 7.70 up +1403%, market value $3850
Total gain today: 8k with a cost basis of only around $460
I bought these just 3 hours before yesterday's close. Didn't expect them to survive at all — pure lottery tickets.
That tiny move made those OTM puts go gamma crazy.
And one last thing: I know 0DTE is gambling. I know this was pure luck.
u/Legitimate_Edge3812 — 1 day ago
▲ 8 r/wallstreetbets
338% in one year No leverage No options Just sat there.
u/Legitimate_Edge3812 — 3 days ago
338% return in one year. I only did one thing right
u/Legitimate_Edge3812 — 4 days ago