What's up guys and welcome to wall street millennial on this channel, we cover all things: stocks and investing in this video we're going to go over the greatest gains and losses on the wall street best form from the past week. So we can learn from other people's experiences before we get into the video we'd like to thank our channel members who get access to these non-time sensitive videos one day in advance. They also get to vote on some of our video topics. First off we have user sith 1292, whose palleter yellow isn't going exactly as planned.

He bought 140 strike, calls expiring on may 21st of 2021. All in his cost basis was about 16 thousand dollars at its peak in january palantir reached within striking distance of forty dollars. In the preceding months, the stock pulled back significantly and now sits at a little over twenty two dollars. This puts his forty dollar strike price more than seventy percent out of the money.

Despite the recent poor performance of palantir stock, it still remains a favorite within the wall street vets community. According to swaggy's talks. Talenteer is the third most mentioned stock on the forum. As of april 21st.

Wall street best users are largely bullish on the company. With the majority of dimensions, having positive sentiment, in fact, palantir is ahead of gamestop, which has fallen to fourth place. It appears, like the wall street best community may finally be moving on from gamestop in search of other plays. Next up, we have user top illustrator 7845, who is down massively on his viacom position on april 7th? He opened a position of viacom 60 strike calls expiring on may 21st.

His total cost basis for the position was about 15 thousand dollars. You might remember, in late march, archaeo's capital a hedge fund run by billionaire bill, huang blew up and its brokers were forced to liquidate billions of dollars worth of viacom stock that they owned. This caused the stock price to tumble more than 50. In just a few days, the eop thought that this market dislocation presented a perfect buying opportunity and viacom would surely rebound once archegos position was completely liquidated to play this rebound.

He bought 60 strike calls before the sell-off viacom's stock peaked at around 100. If it could reclaim those highs, his calls would be forty dollars in the money and he would print massive attendees. However, instead of rebounding viacom shares continued to grind lower in the weeks after he bought them and the shares now trade for 41.85 cents. This makes his calls far out of the money.

The gradual decline in the underlying share price, as well as the theta decay causes, calls to lose almost all of their value. Today he has lost 91 percent on the position, which equates to more than fourteen thousand dollars from the beginning of the year to its peak viacom increased 170 percent. This move was not based on fundamentals. Bill huang was building up a massive position in the stock which probably pushed the price higher.

He was likely doing this in an attempt to induce a short squeeze after archaegos liquidated his position. The stock fell back down to its original level of about 40 dollars. It didn't rebound back to 100, because the fundamentals of the business just never justified that valuation to begin with, while it's often tempting to buy the dip after a stop crashes, it's important to understand what was driving its price in the first place, so you can determine If it's actually likely to rebound, otherwise you can end up bag holding. We wish you luck on your future trades.

Next off we have user rpmd11, who is holding some major losses on vue. He owns ten thousand shares of the company, as well as a wide range of leaps, with strike prices ranging from ten dollars to twenty dollars. Vue inc makes smart glass that automatically tints based on how much natural light there is. This bypasses the need for window blinds, increases buildings, energy efficiency and increases the mental health of buildings.

Occupants view went public via a spec at the end of 2020.. Initially, it did quite well increasing 30 to almost 13 dollars a share as a spack bubble and played it, but as a stack bubble burst view was especially a hard hit with the share price taking almost 50 percent. It now sits at less than seven dollars a share or thirty percent below the initial stack price of ten dollars. This is also below the op's lowest strike price of ten dollars in all the op lost a grand total of fifty nine thousand dollars.

On his view, positions, despite his recent losses on the stock, the op still thinks view is a good long term play. He thinks their smart glass product will be used in more and more buildings in the future, especially in regions that have strong sunlight and hot temperatures. During the day, luckily, his options are long dated with expiry dates, ranging from july 2021, all the way to january of 2023. If the company can deliver on its growth outlook over the next couple years, there's still a chance that he ends up in the green next.

We have user chicago 1313 with a massive gain, courtesy of papa elon he's holding 40 call contracts expiring on april 23rd, with a 715 dollar strike price. So far he has made 62 thousand dollars of profit on them for a capital return of 122. He claims to have made these gains in the span of only three hours that is actually possible because earlier in the day, tesla's talk did rise. Four point: three percent: in the span of three hours from market open until midday with a strike price of seven hundred fifteen dollars.

Those calls would have gone from out of the money by fifteen dollars to in the money by fifteen dollars whenever an option crosses from being out of the money to end the money. The gains are the greatest in that range, but if the op had held till the end of the day, the cause would be about 30 in the money, almost certainly increasing his gains even further. One commenter asks how to know to cut your losses. The op says that he only buys and never sells, perhaps he's encouraged by this yolo that worked out well for him after buying calls use your vmi 2011 says to take the money and run with the stock as volatile as tesla.

No matter how much you believe in the stock, because the calls expire in only two days, it is probably a good idea to lock in gains, especially when the op is up so much even if he ends up leaving money on the table. The 61 790 dollar gain will always count as a win. Next we have someone who has been holding tesla for an extremely long time. User alternate alternate 22 posted this robin hood screenshot with the caption.

Am i doing it right? Blackberry is the next tesla. He currently owns 23 shares of tesla worth 17 000 he's made fifteen thousand eight hundred eighty four dollars off his initial investment of about eleven hundred dollars. But something is very unusual here for eleven hundred dollars he was able to buy 23 shares of tesla, meaning his average cost per share was only 48.64 cents taking a look at tesla's stock chart. That means that he must have been holding his earliest shares, at least in september of 2019, back before the pandemic hit after holding for a year and a half, he has been rewarded with an epic 15 bagger game, despite the massively impressive tesla gains, the caption referencing Blackberry is confusing user.

Delicious law thinks that is just a backdoor brag about how much money this play made or about how much diamond hands he has to have held for this long. You have to respect the games. Congratulations on your trade! Next, we have an obligatory deep effing value, tribute courtesy of user yh2313. He or she posted this screenshot of an exercise of 10 contracts of 14 strike.

Calls on gamestop on the same experience as deep effing value himself also had calls. This is referencing last friday when keith gill posted his final gamestop update, showing that he had allowed his gamestop calls to exercise rather than sell them and thus added 50 000 additional shares of gamestop to his already massive position. This robin hood user had much fewer calls. Only 10 contracts compared to keith gill's 500 contracts, but is still enough to have made a massive six-figure game, less the cost to buy those calls.

But given the fact that the strike price was 14, chances are that they were bought when gamestop had not yet mooned. Keith gill, in the day that he let his calls exercise, has been etched into the walls of history in wall street bets. Some say that deep effing value day should be made into a national holiday in observance of the legend. He has built up such a massive image that some people say that they would blindly follow his gamestop investment if they knew that he was still in it always make sure to consult with a professional before making any investment decision.

Next, we have a yellower who has made a month of gains on spy and berkshire hathaway yolos his portfolio has gone from about 28 thousand dollars to 56 thousand dollars. In the span of the past month for 100, doubling of his portfolio, he gave his recent traits, which showed short-term trading of berkshire class b, calls spy calls and also a small amount of dogecoin. Most recently, he appears to have sold a lot of his calls and bought a small amount of berkshire stock. This is a classic formula.

Once you have made money on calls possibly earlier than you expected rolling. Those games into stock can help de-risk the position without exiting completely congratulations on your games. Alright guys that wraps it up for this video, if you like the content, make sure to smash that like button and subscribe for future videos also make sure to check out our second channel wsm research, where we post dd on high growth tech stocks. As always.

Thank you so much for watching wall street millennial signing out.