system
A chat on subreddit /r/wallstreetbets
human
OP got suckered into FOMO calls. MM saw the huge amount and being a robinhood account and completely fucked him.

Worst thing is that he has “zero” clue on what $SPY needs to open at tomorrow to b/e.

Delta is at 0.01.. lmfao 🤣 
(To put it simply, when $SPY moves up 100 points, his option does not move now because IV, option exp and being OTM that even Jesus himself couldn’t provide a miracle.

If you’re still HODLING you’re going to get an expensive lesson tomorrow at open.

These options are dead. Even if it runs to $390-393. He’s going to lose 100%.

Have a great day! 



And this look like he DCA. I guarantee he thought he could double down to recover and now theta is going to have these open at .01 tomorrow.

Good job 👍
gpt
What if SPY moves up $410-415?!? 💰