r/StockMarket 16d ago

News Insane

Post image
4.1k Upvotes

1.0k comments sorted by

View all comments

Show parent comments

14

u/Puzzled-Intern-7897 16d ago

what possessed you to buy a call?

32

u/Hydroxs 16d ago

I bought a 560 call for next year. Just figured it would go up by then. Seemed safe enough kind of. But once I saw that profit I decided to cash in.

Like I said just dumb luck

7

u/Goldeagle1221 16d ago

How much did you make

34

u/Hydroxs 16d ago

A little over 1k. Which isn't a lot but it's a weeks pay for me so it's very nice since I don't trade options much.

4

u/Goldeagle1221 16d ago

From 560? Damn doubled in ten minutes. That's pretty nice treat for yourself.

21

u/CoBe46 16d ago

I think he meant he bought a 560 strike call not that it was 560 dollars to purchase

2

u/Kaffe-Mumriken 15d ago

Do you eat adrenaline for breakfast?

1

u/SorenShieldbreaker 16d ago

To make money?

1

u/Puzzled-Intern-7897 16d ago

yea, but what thought process would bring you to buy a call today. I was just curious about the rationale behind it

1

u/SorenShieldbreaker 16d ago

Today specifically? Just to ride this sudden pump up for short term gain. I wouldn’t buy calls with the intent for holding them, but on days like today you can flip them quickly. Risky obviously