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You have to solve a series of progressively difficult riddlesHow do you buy that one?
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WWAWD reddit IPO tomorrow.
- Thread starter aRTie02150
- Start date
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Idk what that means partner.
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Last edited:
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He’s basically saying that he’s betting the stock will be less than $25 by May 1st. Don’t trust Danny because he’s poor and stupid. It’s possible he’s correct though. I don’t see how this doesn’t end up being a sinking ship.
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Puts are gonna put you in a position where you can lose an infinite amount of money, which doesn't hurt as bad as losing guitar hero, emotionally, but can really do a number on your wallet
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I know that but it seemed like a bit much to explain when he just asked a general question. I was assuming no one would take Danny’s advice on anything. Probably should have added that though.
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He will be under 5'5 by may 1st.
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Ummm ackshully Reddit mods were sent a special offer to be involved in the IPO so they aren't doing it for free, when they lose it all they will be paying to be Jannie's
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Is this true? That’s hilarious.
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“Hey, hold these lead filled duffel bags real quick.”
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Saw it on da CNBC
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You're thinking of selling options. Buying an option can never cost you more than what you put in (a 100% loss) but selling options can cost you many times what you put in. Only selling calls in particular has a theoretical potential for unlimited loss.
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Calls have a definite cost but if you’re holding a put when the stock moons then you’re liable for the whole difference if you can’t sell it.
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God i want them to yolo into it and lose it all
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No, the point of options is you can decline to exercise them. You just eat the cost of buying the put.
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I think you’re wrong but I’m also pretty stupid and a bad gambler.
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Huh? Maybe you’re talking about exercising or writing options but if you’re looking to profit just off of volatility / the price falling theres no “infinite amount of money” you can lose.
If I put $50 in a single Reddit put but the price goes up by 100x all I can lose is $50.
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Whats that are they releasing their own beer or something?
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Let's see your math.
(I misspoke I know the difference between puts and shorting a stock.)