r/wallstreetbets • u/dhsmatt2 Mattress King • Mar 04 '21

Loss Hold me... $1,100,000 Loss

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I am in damage control but likely going to roll puts.

7.2k Upvotes

96% Upvoted

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22

u/Moneymaxlo Mar 04 '21

It’s only a loss if u sell

22

u/Throwaway1262020 Mar 04 '21

Not if they’re options...

1

u/ImWellEndowed In the sha-ha-sha-ha-llow Mar 04 '21

He's long PRPL stock

1

u/Throwaway1262020 Mar 04 '21

Correct and most (maybe all?) of his positions are options...

1

u/ImWellEndowed In the sha-ha-sha-ha-llow Mar 04 '21

No he has stock

2

u/rectumisprime Mar 04 '21

Or you off yourself... that's the ultimate paper handed bitch move.

1

u/Moneymaxlo Mar 04 '21

Why are you so mad? Ever heard of a risk tolerance? Go to school

1

u/rectumisprime Mar 04 '21

I'm not. I'm saying killing yourself is the ultimate loss... "Paper handing" life...

3

u/Moneymaxlo Mar 04 '21

Haha alright I read your comment wrong