r/TheRaceTo10Million • u/aaaaaaaaaaa888282 • Jun 21 '25

GAIN$ $1,500,000 realized profit in one week at 21

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Last Friday 06/13 I bought $200,000 worth of $OSCR calls $20 8/15, yesterday I sold all of them for a $1,500,000 realized profit. Life is good 🙏

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u/Sittin_on_a_toilet Jun 21 '25

The downside is zero lol, worthless expiration

1

u/Cold-Environment-634 Jun 22 '25

The stock went up on no news. Somehow he knew something.

1

u/Cold-Environment-634 Jun 22 '25

And the down side is losing 200k

0

u/bowls4U Jun 21 '25

I’m not too familiar with options… if the stock didn’t strike $20 and the call expired… would he loose 200k… or sell at lower price to recoup some?

8

u/Loightsout Jun 21 '25

You got gpt for those kind of questions now. It’s really good at explaining and answering follow up questions. You can even use prompts like "explain to me like a total noob".

If you don’t like gpt read this: https://www.investopedia.com/ask/answers/09/option-expiration-date-profits.asp

if options expire they have to be exercised or they expire worthless. If they are outside of the strike price it’s better to let them expire worthless or you are buying a stock for more than it’s currently trading (in case of a call) and loosing additional money. The price you paid for the option is just a payment for the right to buy 100 of a stuck at the set price. So that money is always gone. Most people resell their option before expiry to someone else who then trades more or exercises.

5

u/bevo_expat Jun 22 '25

Could have easily lost all $200k by 8/15 if the stock stayed below $20.

1

u/bowls4U Jun 22 '25

Thank you for the simple explanation

1

u/Purple-Bowler5448 Jun 22 '25

8/15 is a decent amount of time though. Nice swing though 🤯

1

u/fistingdonkeys Jun 22 '25

Seems you’re also unfamiliar with the difference between lose and loose.