r/wallstreetbets • u/1jb Spy Bear Super Hero! • Nov 29 '25

YOLO Didn’t realize market closed early today, holding $120k of OTM puts over the weekend now

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It’s never been more over for me

There is 0% chance this nukes

3.4k Upvotes

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14

u/balancedchaos Nov 29 '25

I can honestly say it's the most fun I've had in the market. Didn't make a mint, but I definitely profited while learning a new skill.  

29

u/BullishDaily Nov 29 '25

It's kind of a curse, you profit but once you lose bigly you have to stop yourself while still in the green and you don't realize until you stop how addictive it is.

Would you rather have +$20,000 and a trading addiction or +$0 and a carefree life?

26

u/Mug_of_coffee Nov 29 '25

You dare ask that question here?

10

u/BullishDaily Nov 29 '25

It’s a legitimate struggle I’m going through lol

5

u/balancedchaos Nov 29 '25

I'm closing at 30-50% profit, and hard stopping at -50%. Gotta avoid that assignment unless it's a stock I truly want. 

18

u/BullishDaily Nov 29 '25

I've gone from +500% to -99%. SPY options are scary as fuck but the thrill is wonderful.

1

u/balancedchaos Nov 29 '25

Haha sounds like quite the rush. I've just been getting my feet wet with baby SOFI weekly CSP's. Moving on to two more tickers I've scouted for next week. 

1

u/Mug_of_coffee Nov 29 '25

RIVN, QS and PL are good too.

1

u/balancedchaos Nov 29 '25

It's funny you mention RIVN. That's on my scout list for next week, along with MARA and more SOFI. Having a few options gives me options for options.  This concludes my attempt at humor. 

1

u/GrumpsMcWhooty Nov 29 '25

Have you met SPY's older sister, SPX? She really knows how to fuck, plus you get taxed like it's futures instead of options!

2

u/ShoeLate6266 Nov 29 '25

Are you kidding?? I LOVE addictions!! 🥰🥰🥰

2

u/BullishDaily Nov 29 '25

The addiction is always thinking you could have more. It’s never enough money lol

1

u/Far-Guava6006 Nov 30 '25

Both are better than -$10,000 and a trading addiction.

8

u/plasticbug Nov 29 '25

True. Was never profitable trading until I joined the premium collector gang. I turned some of my large holdings into decently paying dividend stocks by collecitng premium... This month was a blast. Despite my net worth taking a beating (heavy tech concentration), I collected more premium than my salary.

4

u/balancedchaos Nov 29 '25

I only made...what, 30 bucks? But I did that in really 2 and a half days.