In this video we go over some crazy wall street bets trades in TESLA ( TSLA ) On the wallstreetbets subreddit using the robinhood app.
This video was produced by posts made on wall street bets. This channel goes over crazy options purchases every day so subscribe for more.
Disclaimer: The plays made in this video are for entertainment only reacting to an individual and in no way is a suggestion to copy them without doing substantial research yourself. The individuals in this video happened to make a gain but please keep in mind the opposite is also possible as shown in several of my other videos.
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MADE A MILLION OFF $460 ON TESLA ON ROBINHOOD || Wall Street Bets Options Trading
In the world of stock trading, there are few things as exhilarating as making a huge return on a small investment. That’s exactly what happened to one lucky trader on the popular trading app Robinhood, who turned a meager $460 investment into a staggering million-dollar profit by trading options on Tesla stock.
The trader, who goes by the username “WallStreetBets” on the popular Reddit forum r/wallstreetbets, captured the attention of the trading community with their incredible success story. By using options trading strategies, the trader was able to capitalize on the extreme volatility of Tesla’s stock price and turn a small investment into a massive windfall.
Options trading is a complex and risky method of investing, but when done right, it can provide substantial returns. Essentially, options allow traders to speculate on the future price of a stock without actually owning the stock itself. This means that even a small investment can lead to huge profits if the stock price moves in the right direction.
In the case of the trader who made a million off $460 on Tesla, they took advantage of the wild price swings that are characteristic of Tesla’s stock. Tesla, a company known for its innovative technology and controversial CEO Elon Musk, has seen its stock price soar and plummet with great volatility in recent years. This volatility makes it a prime candidate for options trading, as the potential for large price movements can lead to significant profits.
It’s important to note that while options trading can yield enormous profits, it also comes with a high level of risk. Unlike traditional stock trading, where the maximum loss is limited to the amount invested, options trading can result in 100% loss of the invested amount, and potentially even more if leveraged positions are used.
The WallStreetBets community on Reddit is known for its fearless approach to trading and its willingness to take big risks for big payoffs. This particular trader’s success story was celebrated by the community, with many members expressing admiration for the boldness and skill it took to achieve such a remarkable return.
While the story of making a million off $460 on Tesla may seem like a once-in-a-lifetime stroke of luck, it serves as a reminder of the potential rewards that options trading can offer to those who are willing to take on the risk. However, it’s important for aspiring traders to approach options trading with caution and to be aware of the potential for significant losses.
In conclusion, the tale of turning a small investment into a massive profit on Tesla through options trading is a testament to the potential rewards of taking calculated risks in the stock market. While the outcome is undoubtedly impressive, it’s essential to remember that options trading is not suitable for everyone and should be approached with careful consideration of the risks involved. As always, it’s crucial to do thorough research and seek professional advice before undertaking any form of investing or trading.
Thanks for watching! For those of you who will understandably be skeptical here is the original post: he purchased in February 2019 and was verified by moderators https://www.reddit.com/r/wallstreetbets/comments/k8n3io/1m_from_460_video_so_the_haters_among_you_dont/
It is one of the highest upvoted gain post of all time on wall street bets.
Great stocks and I just bought in on them, but I'm interested in making a short-term profit, let's say turn a $150K to $ 500K in 6 months, I'd appreciate tips on how what stocks to buy to make this much profit.
Paper account?
How is that even possible only 20 shares
Sus
Is this still possible?
He GAMBLED tens of thousands of dollars and go lucky. Next
Nice
Thanks for the update and keep doing what you do. My journey in the current market has taught me a lot of lessons, at the top of that list is that it never pays to live above one's means. I have managed to grow a nest egg of around $600k to a decent 7 figures in the space of a few months. Sad to say but a lot of us have poor money management skills. My 2 cents -get an advisor to keep you accountable and aid you make better decisions, Michelle Combs has been helping me a lot, all through my journey. I find it better to pay a little bit more for peace of mind than worry about money or market trends and still get >burned.
How much he put up?
That is luck, not skill
Game name ?
Man those were the days
Sheeeesh!
This is gambling lol 🙂 whatever
What? There’s no way $350 difference over 20 contracts? Even if that thing ahead 10 years until expiration, there’s no way it’s worth $1 million. Something ain’t right that’s not possible.
Is that really possible?
Which app and broker do you use
$23 dollar a contract at a strike price 136 ? That doesn’t make sense.
Tesla never reached $500 on the stock market…
Feels bad for the ppl he bought the contracts from
What he didnt mention is he had to hold after being well into the money for so long
F
If you need to trade, I have a good recommendation, which is very formal and reliable.
Who still uses Robinhood but I heard it’s trash what should I use?
Yes new trader here !!
$CCG Monday
This is absolutely mind blowing. I don't even know what I would do if I saw this. Holding until that point would take a lot of courage and conviction!
What’s the app you use
Muln?
I just took $18 to $270 for a 1300%+ gain today… on tesla as well. It’s possible.
i guarantee you he broke now if for nothing else he prob actually THINKS he knows how to trade options ….he gonna get smoked …..come on over to the SPX pit and try that b.s. with us lol!!!!
brother what is the name of this broker Where you can buy all types of stocks
Im new to trading calls. So he just sold his contracts. He to didn't exercise his options right?
App name
Survivorship bias is a big thing. This is pretty similar to someone winning a big take at a casino.
Plan for the long haul as a trader. This stuff is always a spectacle but insanely unlikely.
SO what? He bought a lotto ticket. Its like betting on the Chicago Cubs to win the 2016 World Series in 2015
So far, as I learn and understand the basics of trading, I’ve found Herman Jonas to be of great help to me in my investment journey.
Why I don’t do options anymore. Like buying lottery tickets. Unless you know for sure.
Wow
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
INSIDER TRADING
Wish it was me lol
To succeed the stock market, you must review and put into consideration the dynamics of your trading assets prior investing. Analysis based on research is vital which is why, I recommend trading with a professional if you don’t know the basics.
Bro got half you mean.
What is the break even price ?
What is the amount ?
If each share is 0.23/share.
He bought 2000 share = 460$
I dont see 2000 share anywhere ?