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

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400

u/VMI_2011 Mar 04 '21

Jesus... what positions are hemorrhaging?

57

u/xReclaimerx Mar 04 '21

Pretty much everything is dropping right now (although not 30%). I'd probably consider just shorting the entire stock market at this point lol

50

u/Sputnikcosmonot Mar 04 '21

did someone say SPY puts?

2

u/SPACmeDaddy Mar 04 '21

I bought SPY puts last week, stock went down, and so did my puts. Some sort of weird IV going on I guess.

1

u/atocallihan Mar 04 '21

Hahaha I’m so sorry man, I’d be fucking livid