How bears feel rn

Submitted by NeedThoseGains69 t3_126xcmt in wallstreetbets

How many of you regard bears still in puts? Why do yall hate money? Literally just switch to the bull side and make money, stop trying to lower your networth before your wife divorces and leaves. This is a PSA to free bears from their misery, YW. - Bears r fuk.

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1boltsfan t1_jebmrtp wrote

To be fair, we bulls are only making back the cash we lost earlier this month

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cristofolmc t1_jec0kkn wrote

Fuck your puts fuck your calls, Powell has you by the balls.

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Michaeldr0p t1_jebu80q wrote

To be fair I’m only down 90% this year . But I’m somehow up 50% the past 2 days yet I only have a small fraction of what I started with. This just doesn’t add up 🤷‍♂️🧐🧐🧐

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Time_Manufacturer645 t1_jebwogv wrote

50% of 10% is 15% percent of the original, congrats you only need another 670% gain to zero out

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My-Cousin-Bobby t1_jec3hzt wrote

I have found there are a shocking number of people who don't understand this concept lol

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reddituseranyonymous t1_jec52sj wrote

My brokerage account is down like 99% from ATH :(

Just realized my brokerage account had more money at the end of the dot.com bubble in 2002 than it does now

My retirement account is down about 50% from ATH but has gone from [new account] to like $170k now

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DayOfDingus t1_jeccm61 wrote

I was trying so hard to rationalize how you were able to fuck up this bad for so long until I realized yup that's a gambling addiction.

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reddituseranyonymous t1_jecdpz7 wrote

You're not good at being rational then. Not having a plan and bad advice from an idiot at Morgan Stanley cost me 70%

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reddituseranyonymous t1_jecv7et wrote

I have an Etrade account near ATH I asked for help, they gave me a guy from Morgan Stanley. I asked him about cashing out my options and buying $QYLD he said not to. I didn't really have another plan. I should have just said fuck it and done it anyway. Had I done so Id have about 1500 shares of $TSLA, 20,000 shares of QYLD and enough cash left over for a 20% down payment on a house.

I looked at the QYLD dividend history since my ATH. The smallest was $0.169.... at 20k shares that's $3380/month, just about 40k a year. Not enough to quit and retire early, but enough to set things on cruise control.

Heck. I could have increased my 401k contribution at work, lowering my taxable income from work, and offset some of the in taxes from the dividend payments.

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matjoeman t1_jec74uw wrote

Wtf are you investing in to lose that much?

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reddituseranyonymous t1_jecf593 wrote

I had $TSLA Dec 2021 $800C/$1200C in October 2021 Tesla went up 80% in a month. My account went ballastic. It went from roughly 400k to 1,100,000

Peaking the trading day before Elon asked Twitter about paying Taxes. I spent the weekend wondering what the hell to do with the money. So many things I could do. I didn't have plan for my account going up 500% in a month. I considered cashing out the options, asked Morgan Stanley about buying $QYLD. They said dont. I had no idea what to do. I figured the stock would recover from a CEO sale soon, like most stocks do. It didnt.

That cost me 70%.

I forgot that no one cares how much cash you have in savings unless the bank fails. I could have put $600k in savings until I came up with a plan.

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Michaeldr0p t1_jecjap1 wrote

Oh . See luckily I’m poor so I just get to learn from my mistakes it doesn’t really financially devastate me. I just go back to eating ramen and it’s just another day.

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rokman t1_jed0tod wrote

How it’s this even possible? How can you keep adding cash to your brokerage and picking loser after loser with never considering changing the strategy

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reddituseranyonymous t1_jed1390 wrote

Its possible because I didnt do anything you said.

Buy Tesla pre split: 300% gain. Buy Tesla options: 500% gain. 15x in 15 months. Boom. Done.

Get overwhelmed when the 500% gain happens in a month. Get bad advice. Options for end of year go to $0

Now down 70% from ATH

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Sensible_Thoughts t1_jedet2f wrote

Okay but that is like the last two years. How was your account larger in the dot com bubble than it is now?

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reddituseranyonymous t1_jedmwzc wrote

Math. My account low in 2002 is roughly where my account is now

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Sensible_Thoughts t1_jef3fgq wrote

Yeah we re asking how you managed to lose all the money you made in like 20 years. Assuming you kept investing regularly. It doesn’t really make sense unless you just saved up money and then bought a shit ton of options. Which if true, who’s the idiot the guy at Morgan Stanley or you?

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reddituseranyonymous t1_jef4ppx wrote

Id say the idiot is you considering you want information from me but you're being an asshole instead of being polite. So go fuck yourself

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EconHuman t1_jee82fl wrote

Are you joking or are you actually regarded?

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tipbruley t1_jec30if wrote

You guys are making it back?

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smdinosaur t1_jecaliw wrote

I went to the dark side and now im slowly making back the loses. Why play against marketmakerd when they fk everyone? Im in theta gang now. I see a play that makes sense to me. Go to options and pick one id buy. If it has a big open interest... instead of buying it and going with my gut, i just write one. Inevitably when the premium goes down i buy to close for profit

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1boltsfan t1_jecje1u wrote

I was down roughly 125k earlier, now down about 70k. It's fine, it will come back, I don't buy penny stock though

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VisualMod t1_jebd5f9 wrote

>I don't really care about bears or their opinion. I'm only interested in making money, and if they're standing in the way of that then they're my enemy.

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Doball t1_jebihhs wrote

Does anyone else just creep on this sub, see posts, then immediately go to the comments to see what VisualMod has to say about it? Every time I am not disappointed.

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Kingty1124 t1_jecbhre wrote

I feel like he’s more of a person than I am…

“One of us!” “One of us!” “One of us!”

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WinterExtreme9316 t1_jecfq5t wrote

They're not standing in the way though -- they're standing inside the AC vent pipe (or wherever that is), and creepily looking at us through the blinds.

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Sweaty_Economics_452 t1_jebgm0s wrote

For now. Just for now.🐻🐨🐼🐻‍❄️

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Breezy_t t1_jebnrlq wrote

Bear gang always makes a comeback and our puts will print

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Sven_Golliwog t1_jeccbtl wrote

Dow’s down for one month, 3 month, YTD, 1 year, and eggs cost 12 dollars………but yeah super bullish bro.

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Thegreenpatriot t1_jec6yj3 wrote

This is my sign to double down on my puts thanks

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dandoggydog t1_jebgyiq wrote

I look at the put/call OIs and I reach a new level of disappointment, reading the put chart. Check out tomorrow for spy/qqq, for example.

Tell me we [should] rally without telling me we rally.

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kodaksdad2020 t1_jec23ry wrote

Wait till JPM rolls their collar tomorrow. Will be interesting

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drgreen420 t1_jechi9k wrote

Hmm whatcha mean?

Is it even possible to dump when every damn expiry is like 2:1 on puts and calls. Crazy

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kodaksdad2020 t1_jechowm wrote

You should look at what the strikes are. Can it dump when there’s a ton of puts expiring down at 340? Sure it can. Can it dump when JPM unloads their call side of their collar tomorrow? Yes it can

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figlu t1_jebythj wrote

Penny stock I am holding finally pulled a profit after 3 years of holding. No more ramen for me bois.

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daddyslimane t1_jec80s4 wrote

I just loaded up on $401p I’ll post the porn when they expire worthless

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worxbestonbread t1_jecdeks wrote

I’m not down anymore cause I added to my portfolio img

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GrizzBear57 t1_jebnskq wrote

Why is this listed as a meme when it’s a shitpost?

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the_shalashaska t1_jecbttd wrote

PSA: Stock Market ROARED throughout the entirety of Volcker hikes in the 1980s.

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bane-jammin t1_jecds63 wrote

Keep buying calls until Cramer turns bullish

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Loose_Mail_786 t1_jece9nv wrote

Be a bear when market is bullish and be a bull when market is bearish. Not sure if I understood the quote from Warren correctly.

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green9206 t1_jedzrf4 wrote

That's literally opposite of what one must do. Trend is your friend.

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Jumanji1492 t1_jecl0ii wrote

As a bull I’m only down 75% from where I was in 2021 compared to 90% 2 months ago. Bears keep saying we are gonna crash it’s hard to go lower when you’re at the bottom already and stop saying it’s 2008 because it’s actually 2023

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Bougie_Mane t1_jebvpbj wrote

We're totally all making money, right guys

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trymorecookies t1_jecbspm wrote

You mean everything resetting every two weeks? Bulls and bears are doing the same for like 2 years.

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LeftistTears69420 t1_jecca99 wrote

What stock call options are printing money rn lol lmk

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That-Whereas3367 t1_jecdmty wrote

LMAO. The S&P500 has to rise 1000 points just get back to the September 2021 high (inflation adjusted).

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ClassyPenguin23 t1_jecln6q wrote

Closing out 60ish DTE calls tomorrow. Probably waiting til next week to hop back aboard the put train (or if/when $410 is reached). Lost enough on puts early in the week - doubling down hurt.

Might as well ride the wave up for now, even if I do think it’s insanity.

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amd_air t1_jecs40j wrote

I'm a bull and ive lost loads of cash. I was better off in 2021..

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xxpatrixxx t1_jeex357 wrote

I know better than to short this massive bubble. However it didn’t hit the level I wanted to buy. Literally like a couple of points. I guess in this sub not losing money makes me a winner by default right?

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VisualMod t1_jebd4qk wrote

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Total Comments 139 Previous Best DD
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gangix t1_jebsb0e wrote

What will happen to market if there are 100% calls and 0 puts?

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lynkarion t1_jec6c5b wrote

You guys are making money?

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Kingty1124 t1_jecbjzy wrote

I like red more than green!

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7222_salty t1_jecdva9 wrote

Need a reverse meme for those of us who sold in September…

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jamesnoonen t1_jecfg1g wrote

As a person that lives in Chicago, I was very confused at first.

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dagiantfox87 t1_jeck8qg wrote

If bull market true why charts look like used kotex?

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Gotl0stinthesauce t1_jecl6bd wrote

Shhh bro, they’re all convinced that the US financial system is going to collapse because some shitty managed and over leveraged bank called SVB (and a few small other non SIBs) are the catalyst to it all 🤡🤡

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Jaffa_Tealk t1_jecmnkt wrote

If I knew how to successfully pull off options trading maybe I’d still loose money.

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Various_Lack7541 t1_jecrs4i wrote

These “markets” are just casinos for dudes with MBAs. They aren’t based on any reality at all since they are 100% reliant on Money Supply increases.

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FrickinNick t1_jecslh7 wrote

For a second I thought this was a Chicago sports sub and got really confused lol

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fkthewholeleft t1_jecupdo wrote

I’ve been a bull the past 3 weeks. The fact that everyone is going bull I’m gunna sell.

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contrejo t1_jecvaf3 wrote

He's gotta point. Buy calls on the dips

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drew8311 t1_jecxla0 wrote

They only get cash from selling which makes them bears too

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Ok-Run5317 t1_jed1445 wrote

it's stupid to be a perma bear or bull. change your skin as per the season.

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richbeezy t1_jed40rj wrote

70% of Bears also bought the top in late '21

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HeldbackInGradeK t1_jed642y wrote

Why be a bull or a bear when you can be a chicken-moose-wolf-pig?

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Fightingforpars t1_jed9bg0 wrote

My target stock price for some tech stocks hit my buying range on 3/9. SVB broke on 3/10 - so I’m like - dang - this thing is gonna go lower. FOMC was right around the corner and I thought Jpow was gonna smack the bulls in the head some more.

I waited and Waited …. And …. Sigh … still waiting.

Bears are too rational for this crazy market gif

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prolific36 t1_jedexhg wrote

Finally this sub is bullish, I now know it's time for puts to print

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evsarge t1_jedi8hq wrote

Been short since January 2022, n’a I’m good.

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Raito69420 t1_jedk2al wrote

So many "bears are fuk" posts. This will not end well 🤣

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tel0s17 t1_jedoo24 wrote

There are no bulls when 80% of trades are being made off exchange.

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some_guy919 t1_jedot6g wrote

Always be bullish. If a meteor is scheduled to crash into the Earth by the end of the week, I'm buying out OTM calls on spy.

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RoboticGreg t1_jee2h06 wrote

I have never bothered to remember which one is bull market and which one is best market, and honestly, yall have proven you don't either

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Austenny t1_jee5z1j wrote

I’d fuck a gay bear in the ass with my horny gains right now.

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stalagmiteman t1_jee91rg wrote

As I Chicago sports fan thinking this was a chibears post I was very confused

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DeadStringScrolls t1_jeee4ht wrote

loads? people still are nowhere near where they were 5-6 months ago.

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beep-boop-bop-robot t1_jeejxer wrote

Soon Squidward will be one of those bankers taking photos of the occupy walstreet protesters once this shit finally pops

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NagatoKami t1_jeekbn6 wrote

Bold of you to assume that bulls are making money. Both are getting fcked in this kangaroo market.

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