Impressive

I'm not so impressed with what he did, but with his overall attitude(especially for a Millennial)

https://markets.businessinsider.com...urn-coronavirus-oil-markets-2020-3-1028989430

 

Read this yesterday, there have been articles written on these types of trades the last couple of years that people have been posting their screen shots to reddit. Are they accurate, who knows. A screenshot can be manipulated, only way to truly know is with tax records but who knows how far these millenials go into research before writing an article like this.

 

I did 1000%-4700% on VIX 15 APR 20 37.5 & 40 Calls.

 

Out of 1M people gambling in options, a few will strike it rich.

 

Tax records can be (are) manipulated too. Many business owners (not traders) have been caught and sent to jail for such including well known individuals.

Simply, if the trader's name is anonymous and just a user name...just use common sense about what's posted and/or shared especially when timestamps / trade ID's are not shown in the broker trade execution platform.

wrbtrader

 

Wasn't a gamble. I scaled in to the position beginning in November. I expected a correction, but thats it. Coronavirus and Oil obviously helped, but I had not anticipated either. I felt the VIX could go as high as 45 due to historical levels, which is why I chose the 37.5 and 40 strikes.

 

Is he still a robin hood customer?

 

There is no reason to not believe that absolutely no trader ever makes big money trading. Otherwise this forum wouldn’t have a purpose.
Just yesterday I was up 1000%-2000% on some UVXY calls and didn’t even think much of it. It was a hedge and it worked as it should. Bought some for $0.50 a while back and now they’re over $10. I just didn’t put all my money into them.