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re: Wanna yolo? Buy some calls on volatility.

Posted on 3/15/24 at 4:29 pm to
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
2856 posts
Posted on 3/15/24 at 4:29 pm to
Where did that come from? Geez
Posted by Big Scrub TX
Member since Dec 2013
33481 posts
Posted on 3/15/24 at 4:30 pm to
quote:

lol alright buddy you’re right. There did that stroke your ego enough? Do you feel better getting that off your chest?

So to recap: I’m full of shite but you think I understand the fundamentals of options but it’s too complicated for your smooth brain to understand, therefore it can’t possibly work.

Got it thanks pal
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
2856 posts
Posted on 3/15/24 at 4:36 pm to
quote:

Big Scrub TX


Just for the record, I was laughing at you, not with you
Posted by Big Scrub TX
Member since Dec 2013
33481 posts
Posted on 3/15/24 at 4:41 pm to
quote:

Where did that come from? Geez
It's the truth. The entire options world is riddled with cranks like this peddling nonsense. They're usually smart (often engineering type smart where they are highly technically capable but have no fundamental/holistic understanding of the real world - this will often be expressed in a general lack of integrated understanding of non-linearity - which is ironic given the subject matter).

I've seen a million of them carried out on stretchers. Dabbling with a small pot of "side" money is fine. But there's zero applicability of this to building long-term wealth and creating a viable financial plan.

Most of the hedge fund vol traders in the world aren't even that good at it. And even the ones who are often endure massive drawdowns and lean periods in between wins.

It's fine if this guy wants to noodle around on here for shits and giggles. But beware of the "this is not financial advice" all-purpose shield he hides behind in the end.
This post was edited on 3/15/24 at 4:44 pm
Posted by slackster
Houston
Member since Mar 2009
85048 posts
Posted on 3/15/24 at 4:42 pm to
quote:

Where did that come from? Geez


To be fair, the OP has a handful of straight garbage plays he brings to the board. His stock of the year choice was SOXS, down a cool 38% YTD.
Posted by Big Scrub TX
Member since Dec 2013
33481 posts
Posted on 3/15/24 at 4:43 pm to
quote:

Just for the record, I was laughing at you, not with you
upvote
Posted by BourbonDad
Somewhere on the vol surface
Member since Sep 2016
192 posts
Posted on 3/15/24 at 5:47 pm to
Yeah you got it all figured out BigDud. You don’t know shite about this biz. I’m sorry you lost your life savings when you tried. Or did my wittle stock of da year make you woos ya money? Lmao down 30-40% idgaf. It’s a triple leveraged ETF. It might go up 500% and you’ll still be shite posting. GTFO here
Posted by Big Scrub TX
Member since Dec 2013
33481 posts
Posted on 3/15/24 at 9:35 pm to
quote:

Yeah you got it all figured out BigDud. You don’t know shite about this biz. I’m sorry you lost your life savings when you tried. Or did my wittle stock of da year make you woos ya money? Lmao down 30-40% idgaf. It’s a triple leveraged ETF. It might go up 500% and you’ll still be shite posting. GTFO here
Very intelligent response. I can tell this entire thing is your ego and not any actual trading competence. It's pretentious as hell too. Listing "vanna" and "charm" as 2 of the 4 relevant metrics people should pay attention to us utterly absurd. Cute for the sake of being cute.

quote:

Or did my wittle stock of da year make you woos ya money? Lmao down 30-40% idgaf.
I have no idea who you are outside of this thread or what you're talking about.
Posted by slackster
Houston
Member since Mar 2009
85048 posts
Posted on 3/16/24 at 8:48 am to
quote:

Yeah you got it all figured out BigDud. You don’t know shite about this biz. I’m sorry you lost your life savings when you tried. Or did my wittle stock of da year make you woos ya money? Lmao down 30-40% idgaf. It’s a triple leveraged ETF. It might go up 500% and you’ll still be shite posting. GTFO here


You seem emotionally stable.
Posted by BCreed1
Alabama
Member since Jan 2024
1172 posts
Posted on 4/12/24 at 9:43 am to
quote:

To be fair, the OP has a handful of straight garbage plays he brings to the board



Really? Or is it that you are always on here making snide comments to everybody?


Fact is, VIXY (he mentioned for the 19th of April) is up 11% over the past month.

UVXY is up 16%



Posted by elposter
Member since Dec 2010
24942 posts
Posted on 4/12/24 at 10:15 am to
quote:

This board has no idea what you’re talking about.



He isn't the best written communicator (most financial/numbers people aren't), but he seems to know financial lingo at least. The only thing I had no idea what he was talking about was: "are you a regard?"
This post was edited on 4/12/24 at 10:17 am
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71201 posts
Posted on 4/12/24 at 3:26 pm to
quote:

regard


quote:

yolo


Did you copy this from Reddit?
Posted by slackster
Houston
Member since Mar 2009
85048 posts
Posted on 4/12/24 at 4:27 pm to
quote:

Really? Or is it that you are always on here making snide comments to everybody?


Check his posts. Most are things that lost you money.

Hell, I’m not even sure if he’s made money with the actual post you bumped.
This post was edited on 4/12/24 at 4:32 pm
Posted by CajunTiger78
Member since Aug 2017
2528 posts
Posted on 4/14/24 at 12:27 pm to
Did I just accidentally log into stock twits??!
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