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VisualMod t1_iu90mwd wrote

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1

VisualMod t1_iu90ndj wrote

>I don't care about religious people.

41

-2quarters t1_iu917d1 wrote

Well first things first any true christian doesn't use the term religious!! And yes I believe in God but I will make living on the market and not feel!guilty because you lost

1

TehOuchies t1_iu91fqt wrote

Already took the advice of a wise Ero Sensei. Dont need no booty senpai.

3

rylar t1_iu91iey wrote

Greed is good

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DoomerGloomerBloomer t1_iu91j6s wrote

All gods are imaginary.

Hopefully one day you will understand reality.

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Cultist6661 t1_iu91l5d wrote

I think about that briefly when I short stuff.

I don’t get too hung up abt it bc this is a savage world, nobody is forcing u to buy or sell anything. Nobody should be gambling with money they can’t afford to lose.

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yeaoch t1_iu91lg0 wrote

shut up nerd

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Various_Classroom_50 t1_iu91ne3 wrote

Replying to BootySenpai (#313,815)

Your name is booty senpai but you are concerned with voluntary gambling in a zero sum game because one side always gets hurt.

Guess what? My calls went bottom up and expired worthless. And I’m Going to want the same guy to do it to me next week.

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robertlemkin20 t1_iu928nu wrote

Most option flow is from Market Makers who hedge the calls & puts by buying or selling the underlying. This is, in part, how markets move.

4

bigTimeElonMuskFan t1_iu92g1j wrote

Good thing I'm the one on the suffering side of the bet, bringing joy to the person on the other side

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Jester8320 t1_iu92gyf wrote

Hmm... someone lost their ass.

6

Stunning-Leek334 t1_iu92kvv wrote

Stock is not a zero sum game I can make money and you can make money. Me making money does not mean someone lost money.

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Express-Chemical-454 t1_iu92s8c wrote

If you're buying my far otm weekly calls for $10, you deserve to suffer

4

minutemiser t1_iu9386v wrote

Ehhh not really.

Ex I bought AAPL at a 93$ cost basis. If I sell you CC at 160$ strike and AAPL explodes. I collect the premium and the difference in strike. You can sell and collect the change in premium of the contract after the price hike. Hard to say either of us are suffering.

It’s a market. Not everything is a zero sum game.

15

OO7Jesus t1_iu938nu wrote

Your reasoning is so flawed it’s pathetic. Deduced form your own reasoning you must also believe running a successful small business and putting a competitor who offers an inferior service out of business is immoral. You’re actually fucking r e t a r d e d

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Ooofgang737MAXX t1_iu93q30 wrote

People still use hood? I figured it was mostly bots and wallstreet trying to trap people in bad bets. The last large Tesla call using hood lost a lot of people on this sub money. Pretty funny seeing that and knowing it’s gona tank.

1

ThegoatDMZ t1_iu93s1x wrote

You apes are hypocrite. First you talk about GME going to the moon and now that is trying to go up you talk shit about it... not letting other to make money. FUCK YOU APES 🖕🖕🖕

−2

dingleberry15 t1_iu93uya wrote

Sometimes you get the blowjobs, other times you have to give the blowjobs behind Wendys

“We are all connected in the great circle of life”

1

LegitimateResolve522 t1_iu93vn5 wrote

Your premise is flawed. Just because I took a particular position and was profitable, doesn't automatically mean somebody else "lost". Maybe my options were bought by someone who just wanted to hedge their position. I can buy a stock at the same price somebody is dumping at a profit.

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rojasduarte t1_iu94b3k wrote

That's also true for any deal.

Suppose you bought aapl calss before the spike, somebody sold them to you and lost money on the deal. It's a zero sum game.

1

Jester8320 t1_iu94kcn wrote

Replying to Jester8320 (#314,112)

Then thanks for the psa. I've seen the damage that gambling can do. I have an uncle who has successfully pissed away his inheritance, sold his home, and now lives in an extended stay. Basically a ticking time bomb till he's completely on the outs.

Despite our efforts to help him out, he just keeps blowing it. I can't really blame the lottery commission. I don't think that trading platforms are much different, in fact you actually have some influence on the outcome with them-the lottery is just a losing game.

Investing in my IRA is risky enough for me.

0

LegitimateResolve522 t1_iu95ak6 wrote

Replying to rojasduarte (#314,560)

Wrong! I buy a stock and enjoy it's growth. I'm now happy with how much it grew, and I want to take profits to...I dunno, buy a boat. I'm happy, I succeeded in my goal...don't want to buy and hold it forever...I want to enjoy my profits. Somebody else buys at the same price.point I sold, and they hopefully enjoy it's continued rise. The premise that there is a loser on every trade is complete bullshit. *edited to correct autocorrect typo

1

Stunning-Leek334 t1_iu95fbz wrote

Replying to rojasduarte (#314,517)

But it literally isn’t. Assume you bought stock at $10 a share and I bought it from you at $12 a share and sold it to someone at $14 a share. Where is the zero sum?

Or let’s say I sell you a covered option and I make $2 each and you make money on the option? Who lost money? What if I bought the position for my cover at $12 and they bought theirs at $10 and you get it at $14?

Where is the zero sum?

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Souldrop t1_iu95idn wrote

If im the one suffering does that mean I helped someone else win?🤔

1

Soft_Video_9128 t1_iu95sx3 wrote

You don’t understand options. Typically you are buying/selling from the market maker, who in return is hedge with the underlying to be neutral in the trade. They make money in the spread.

1

Affectionate_Coat168 t1_iu96fag wrote

And for everyone one in “heaven” there is someone in “hell”. THIS is the beauty of duality. Why are the financial markets any different?

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LeadershipMundane685 t1_iu96qm2 wrote

Bro, your username is BootySenpai… this has to be a troll or begging for attention (notice me)..

1

rojasduarte t1_iu9733n wrote

Replying to Stunning-Leek334 (#314,689)

But it literally isn’t. Assume you bought stock at $10 a share and I bought it from you at $12 a share and sold it to someone at $14 a share. Where is the zero sum?

Very simply, when I sold to you at 12 and later it went to 14 I lost 2 per share. We split the profit, ok, bit I'm trying to say the market isn't collaborative, I'd much rather make 4 per share than 2, isn't that obvious?

Or let’s say I sell you a covered option and I make $2 each and you make money on the option? Who lost money? What if I bought the position for my cover at $12 and they bought theirs at $10 and you get it at $14?

That's even more proof of my point, isn't it? If the market is profitable for an option I bought from you, it's because it's printing, so you're gonna get exercised and lose money, there's no way around it.

If an option isn't printing, then I lost money on the deal and you profit, we're betting in opposite scenarios, don't you agree?

Where is the zero sum?

1

attofreak t1_iu97egd wrote

lol op lost on some moronic yolos

1

Stunning-Leek334 t1_iu97rnm wrote

Replying to rojasduarte (#314,978)

Your point isn’t zero sum though. Your argument is you should be the only one allowed to make money in the stock market.

I don’t lose money if I have a covered option. I make money and you make money. Your entire argument is based on very flawed logic. Just because I didn’t make as much money as I could doesn’t mean I lost money.

Plus that still disputes the zero sum because in all of these situations money is being made and nobody is losing money to offset that money. So even in your own flawed logic your argument is still wrong.

1

SateliteDicPic t1_iu97z3w wrote

Replying to Stunning-Leek334 (#314,689)

Options and stocks trading are different. Options ARE zero sum but the OPs presentation of the situation is an over simplification regardless.

I do agree with the spirit of the post in as much as some human decency isn’t a bad thing I just think the attempt to apply it here isn’t ideal.

0

rojasduarte t1_iu98hw0 wrote

Replying to LegitimateResolve522 (#314,667)

First of all, because you put an exclamation mark after wrong, I read it like Donald Trump said it.

Second, the only reason to sell a position you're winning on, is of you believe it's reached the top and is going to decline. You're saying that given the choice to make more money or less money you would consciously choose to make less?

Third, happiness has nothing to do with it, zero, if you're in the market to try and be happy, I pitty you

1

scalper84 t1_iu98m5m wrote

when I make money someone else loses🤷‍♂️ You play the game deal with it.

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DudeBroManCthulhu t1_iu98yo1 wrote

The stock market is the wrong place to bring up morals. No one forces anyone to bet in it. Stfu and get out if you don't like it.

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nedfromcal t1_iu991n8 wrote

Fun fact. God doesn’t exist.

1

Stunning-Leek334 t1_iu99acb wrote

Replying to SateliteDicPic (#315,146)

It literally is not zero sum though? AN ASPECT of options trading can be zero sum. The premium I charge you for an option is a zero sum. I get that and you lose it. If I don’t cover then you could also potentially consider that part of it zero sum. If I do cover it is not zero sum. Also, even if I didn’t cover, if you exercised the option then when the stocks change hands there is a zero sum transaction.

If the stock market was zero sum then the stock market would never go up or down. Companies enter and exit, mergers happen, etc there are so many aspects of the stock market that make it not zero sum.

2

rojasduarte t1_iu99e3n wrote

Replying to Stunning-Leek334 (#315,103)

You may have made money on a deal you made before, great for you and too bad for the other side of that deal. But if I buy your covered call and excercise, you lost money on our deal. Between the two of us, it is zero sum.

−1

PhuckBigMoney t1_iu9a8io wrote

Indeed! Be at one with the Lord and Jesus wants you to send me your money and any hot stop tricks you might have. Amen.

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throwaway0891245 t1_iu9attw wrote

This guy is right, options aren’t a victimless entertainment. Now if you all wouldn’t mind returning the money I’ve lost…

1

[deleted] OP t1_iu9cacp wrote

Gimme all your lunch money nerd

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LegitimateResolve522 t1_iu9cmbw wrote

Replying to rojasduarte (#315,259)

Again, wrong! You make the assumption because you are driven to only want to sell because a stock has reached what you think is it's apex, that's everyone else's goal. If I bought, say, a railroad stock 40 years ago for 50 cents, and in my retirement sell it for $200 to buy a retirement property somewhere nice, but the stock continues to rise, by your metric, I've lost. That stock is going to continue to rise 50 years after I'm dead. Holding forever is pointless, and thinking the only way you win is to sell at the peak of a securities lifecycle, is frankly absurd. Successful trading is planning a trade with a target exit point, and achieving that exit point and closing the trade...regardless what the stock does after I exit. I have a "toybox" account...it's for funding my toys...atv's, boats, fun cars, whatever. It exists for me to cash out profits and buy toys. By your metric, I've lost, because I didn't hold forever, and bought a motorcycle instead. Ridiculous.

1

TGD187 t1_iu9dmgl wrote

Yea, like anybody wins anything here. img

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dyjcdthvchj t1_iu9dz8a wrote

It’s the corporations, man!!!!

1

Mint_Kitten t1_iu9et3b wrote

I must have missed the religious doctrine that says you're responsible for the financial choices of your peers.

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DeadSol t1_iu9ho3h wrote

Just came here to say suck my balls.

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computermademedoit t1_iu9m3ok wrote

I mean unless you stick your head in the sand you should be aware of the other sufferings as well. Your clothes are mostly made by what are essentially slaves, sweat shop workers. The glass in your iphone that you probably posted this from is literally made by slaves - Uighyrs in china being forced to work in camps. Alot of the food you eat, like chocolate for example, is produced in 3rd world countries with no labor laws and child / slave labor.

The reason we dont stop buying clothes or iphones or chocolate is because we tend to recognize, whether consciously or not, that these issues are beyond our ability to change them. They are systemic and require systemic changes to fix.

The same can be said of capital markets. You can argue they are unfair, they cause harm, blah blah blah. (i would argue we've never found a better alternative to free markets) But this is a systemic issue. Me not buying a call on a stock is not having any change in the systemic capital system, the same way me not buying a shirt from nike doesnt stop them from making shirts with slaves.

If you're going to take this hard down the line personal responsibility for suffering take then you are going to live a pretty meager life, or else everything you buy is going to be far more expensive. I doubt you do this, you just wave away these systemic problems as not your personal problem and keep buying their shit. So i dont see why i cant do the same with options.

Just because its your personal pet project that youve choosen to care about doesnt mean i have to suddenly jump on board with it. When you stop using a smart phone and wearing modern clothing I'll consider it. (thats a lie i still wont care)

1

C0nstant_Regret t1_iu9ntrm wrote

I'm religious and the only reason I trade is for others to suffer at my hand

1

Vegan_Honk t1_iu9rn12 wrote

As a representative of the devil I would recommend doubling down, you're just about to hit the jackpot.

1

hipslol t1_iu9skjq wrote

Suffering from success maybe by looking at this sub.

1

CreativeMinds47 t1_iu9t9m7 wrote

WTF??? That someone can't possibly buy options if we get out of this option devil train! It's porn either way! It's always porn!!

1

BlindSquirrelCapital t1_iua2a5c wrote

Suffering teaches wisdom. So in a way, many of us are educators for those on the other side of the trade.

1

[deleted] OP t1_iua5um5 wrote

If corporations are people, then they definitely have feelings.

Most of the liquidity in the market is not retail investors, but corporations that provide liquidity, and some of them are even being paid to take that risk.

#crocodile-tears

1

BootySenpai t1_iua7459 wrote

Replying to computermademedoit (#317,935)

I agree, that’s the part I’m personally working on. Getting clothes that are made via non harm, eating foods that are farm raised, and living and earning without causing harm to others. It can be done just have to learn and fine tune.

0

spidle t1_iuae2ou wrote

Yes, us, we suffer.

1

blurryblob t1_iuamkzo wrote

Obviously true, but everyone knows that. Markets are gambling, plain and simple.

1

Teddy_Anneman t1_iuanuh6 wrote

LOL. Isn't that how it works? Some dummy makes a bad bet and you take their money?

1

No_Ratio3369 t1_iuaq4n9 wrote

God’s not real. There’s no magic man up in the clouds judging you. Science is real. So is evolution. Gotta rip that bandaid off at some point.

1

Trader_santa t1_iuaqewb wrote

Actually not true, unless You are talking about contracts.

1

Marcelo_137 t1_iuarfgu wrote

Replying to BootySenpai (#316,135)

It's the same principle, the one on the losing side is the person who didn't make enough effort to make a profitable trade or the odds didn't go in his favor otherwhise, which was a risk he was willing to take. Now the question is, it's wrong/evil to let a person take a risk that she/he choose to take? and if you respect free will, the answer will be obvious

2

Stumpsbumps t1_iuarhxy wrote

Must be a losing market maker behind this op

1

HandleSubstantial169 t1_iuas3zt wrote

Fuck you pay me! Seriously though, that’s fantastic news. The suffering of others is a source of constant joy for me.

1

immortalis88 t1_iuaulyb wrote

Wtf is this nonsense? Puts on this guys life.

1

PSneSne t1_iub1bfc wrote

But why would someone bet against a company that............o.........o, I see. Well fuck 'em.

1

Eff_Robinhood t1_iub4nm1 wrote

Yeah guys, you’re hurting honest, hard-working trust fund babies at Hedge Funds. Won’t somebody please think of the children???

1

FukkenSaved t1_iub6kvi wrote

Oh, we're both happy with the results. The other side was happy that they made a safe 4% annualized over a month rather than 3.75%.

1