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Wallstreetbets is home to some of the craziest stock and options traders, we're here to keep track of some of their greatest trades. In this video we'll analyze the biggest trades on the WSB forum from the prior week. We hope this video will be informative as you can learn from the successes and failures of WSB options traders.
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By Stock Chat

where the coffee is hot and so is the chat

28 thoughts on “Boomer loses $200m!!! yolo options trading”
  1. Avataaar/Circle Created with python_avatars Tom R says:

    $90k back then is worth almost a million in today's money. Also, since he tried to be a musician you could argue that's a priceless way to spend the money. Had he kept the money invested, he would never have know if he could make it as a musician.

  2. Avataaar/Circle Created with python_avatars Dom L says:

    Using IV to buy and sell options is realistically one of the few ways you can make money, don’t be like these guys

  3. Avataaar/Circle Created with python_avatars Ry Ry says:

    Peter Buffett may live a modest lifestyle but that's by choice. If you look it up, he's earned a total of $44 billion through both his inheritance (that he liquidated) and his music career, the vast majority of which he gave away to charity just like his father, leaving behind the "modest" $5 million net worth you will come across when you google him.

    Dude was successful in his career choice. He didn't let the Buffett reputation shackle him to finance. His music was featured in Dancing with Wolves (a classic movie) and more recently he got to collab with Akon.

  4. Avataaar/Circle Created with python_avatars Sam Harper says:

    No wonder Buffett plans to give all his money to foundations when he dies.

  5. Avataaar/Circle Created with python_avatars Hola! jon palmer says:

    Y’all gone read about me mark these words 🎉🎉🎉it’s gone be a celebration 🍾

  6. Avataaar/Circle Created with python_avatars VAGD says:

    Imagine being Warren Buffet son and be homeless

  7. Avataaar/Circle Created with python_avatars WallStreetShorts says:

    Any apes still active in 2022? I’ve doubled my GME position and looking to double it again in the next year to over 900 shares

  8. Avataaar/Circle Created with python_avatars The Man in Black says:

    Can you do more of these?

  9. Avataaar/Circle Created with python_avatars Izato P says:

    The Buffet thing really coins the phrase “the 3rd generation blows all the wealth”

  10. Avataaar/Circle Created with python_avatars thebiggestidiot says:

    I'm all for hearing about boomers getting bad

  11. Avataaar/Circle Created with python_avatars That One Guy says:

    How in the g** d*** f*** do you pay 40% capital gains tax on money you f**** made

  12. Avataaar/Circle Created with python_avatars Paranoid Panzer Penguin says:

    How did he lose all his money on calls?

  13. Avataaar/Circle Created with python_avatars H1inc says:

    I remember Palantir lol

  14. Avataaar/Circle Created with python_avatars Girby Girby says:

    If it’s good enough to screen shot it’s good enough to sell

  15. Avataaar/Circle Created with python_avatars Joceylin Granada says:

    Great video.
    As an intending trader understanding it’s no guess game rather the need for professional guidance, I would call an easy way to profitable returns.

  16. Avataaar/Circle Created with python_avatars Srinivas Subban says:

    Peter Buffett's music career wasn't a failure. He has been able to make a living using his creativity and musical talent. He has been nominated for Grammys and has sold records. That is priceless and worth more than money. You need to get your priorities correct. Too many people value money too much and not artistic ability and talents. Pursue what you love to do and don't pursue money!

  17. Avataaar/Circle Created with python_avatars Raymundo Galindo says:

    If I have 287k when I wake up tomorrow I will take out 285K and let the rest ride… god blessing the wrong people.

  18. Avataaar/Circle Created with python_avatars Ghost Bandz says:

    Why would you still be investing at 200 million you good😭

  19. Avataaar/Circle Created with python_avatars Sol Harvester says:

    Damn… You would think Warren Buffets son would know a thing or two about making money in the market. That would be embarrassing.

  20. Avataaar/Circle Created with python_avatars Matthew Stevenson says:

    You sound just like a vanlifer I subscribe to…

  21. Avataaar/Circle Created with python_avatars SJ says:

    Beans³

  22. Avataaar/Circle Created with python_avatars Void says:

    A wsb comment is not a wsb comment without the word "retard" in it

  23. Avataaar/Circle Created with python_avatars animus advertere says:

    The irony of a millennial dissing a boomer for yolo. Thanks for ruining the markets for the next decade, millennials. 👎🏼

  24. Avataaar/Circle Created with python_avatars Yasser benaddia Yasser benaddia says:

    Divo*

  25. Avataaar/Circle Created with python_avatars mrgyani says:

    Buffet doesn't give his own kids any money? Not even a little bit? may breed resentment..

    I couldn't be that harsh no matter what. If I were a multi billionaire, I would give my kids at least $100-200K a year + a dream house + vacation money maybe.

    Remember watching the documentary 'Born Rich', and I think Buffet's niece or granddaughter was working in somebody's house.

  26. Avataaar/Circle Created with python_avatars ktktktktktktkt says:

    It's not fair to call someone stupid solely for buying out of the money calls expiring the same day. The expiration date and strike price are factored into the valuation which makes them very cheap. it's obviously a very highly leveraged bet. What needs to be considered is whether or not there was sufficient reasoning behind the bet and if they were just unlucky the bet didn't pan out. Regardless, it's not the type of leveraged bet I would be interested in.

  27. Avataaar/Circle Created with python_avatars JesusMatters says:

    Funny bec most on these forums say to HODL and then mock and attack when someone does so lol. I agree, pigs get slaughtered but maybe people should be teaching how to secure profits instead of encouraging people to become their bag holders….bec we all know that those who preach HODL are the ones selling THEIR BAGS to the newcomers.

  28. Avataaar/Circle Created with python_avatars Richard says:

    I might be wrong, but why do people use ALL the money they made with that trade for another trade. Why not take a third or half of what you got?

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