How are the wallstreetbets guys so successful?

Discussion in 'Options' started by tradelosses, Mar 13, 2020.

  1.  
    #41     Mar 14, 2020
  2. Enlighten me.
     
    #42     Mar 14, 2020
  3. The key thing is this option position generates money. Period.

    No matter what they will do with it.

    But it's no-brainer they will buy more and way much cheaper. This whole Corona thing is just a way how the money is taken out from the dumb you and me :)
     
    #43     Mar 14, 2020
  4. Can we please adhere to some basic punctuation and grammar rules? It's very hard to read this, especially for the those of us who are drunk or high.

    Anyway, back to the question. We don't know what the global economy is going to look like after the pandemic and it's very possible that the US will be the loser in the brave new world. Even if the old world order prevails, it could take years to recover. Bridgewater does not have the time to wait, they have to show a profit annually or they are going to lose investors.
     
    #44     Mar 14, 2020
    themickey and zghorner like this.
  5. Dude, they actually lost money on this move (i.e. they are down ~20% on the year) so the option position did not help them.

    Those who have money will buy more and way cheaper. Like myself, since I actually made a lot of money on this move (volatility is usually good for me) and am sitting mostly in cash and govies. The whole "conspiracy" angle is silly here.
     
    #45     Mar 14, 2020
  6. LOL

    Thank you very much for your opinions.
     
    #46     Mar 15, 2020
  7. My opinions are supported by the facts (e.g. that Bridgewater has lost money this year despite "very huge profit" from the options position). But if you don't like facts, that's ok, it's fashionable these days.
     
    #47     Mar 15, 2020
  8. Your "facts"... :D

    Let me put this another way: Just wait and it will all make sense for you. I hope.
     
    #48     Mar 15, 2020
  9. Could you refute my "facts" with any of your own? Thought so :D

    I assume currently the only people with understanding are the owners of the tinfoil hats?
     
    #49     Mar 15, 2020
  10. I very well understand you're thirsty. But you're living in so much different reality :rolleyes: that it's just too much work for me. Sorry.
     
    #50     Mar 15, 2020