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 gon na go over the greatest gains and losses on the wall street best forum 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 hal tran, who is down six figures on a 630 000 rocket company's yolo. He owns a huge number of rocket companies, call positions. In fact he had so many positions. They had to upload two screenshots just to show all of them.

They had a wide range of experience from may 14th at the earliest to january 2023 at the latest. The strike prices also ranged from 23 all the way up to 59. He put 630 000 into these positions and currently is down 262 000 rocket experienced a short squeeze in early march, but has since lost more than half of its value. Recently, they announced their earnings results which missed expectations, causing the stock to decline by more than 20 percent.

This puts even his lowest strike call of 23 well out of the money. The op is a long-term believer in rocky companies. He believes the online mortgage lender has a good strategy. However, it may take years before this plays out in the stock price.

Fortunately, some of his calls are leaps, including a january 2023, 34 straight call, while the mark to market losses of 262 thousand dollars are large. His position still has a positive probability of ending up in the green. The op looks at the bright side of the situation. His loss allowed him to put some high quality loss point on wall street bets, which increases his reddit karma.

Hopefully the 16982 reddit karma was worth the six figure loss. Stop it get some help next offer abuser scifo nismus, who is back holding 70 000 in unrealized losses. He owns, shares and palantir african e-commerce company jumia cloud services, company fastly among others. He is down double digits on every single one of these investments, with his biggest losses being on palantir and vastly palantir is down more than 20 over the past month, as it has been victim to a broad sell-off in high-flying tech stocks.

Fastly is doing even worse. Suffering a 37 decline in the past month. Most of these losses came within the past couple weeks. Fastly provides cloud computing services to internet companies.

Historically, they had tick tock as a client and the growth of tick tock in 2020, fueled fastly's revenue growth in share price. However, in october of 2020, thick talk's parent company by dance made a decision to pull most of its data traffic from the fastly network. This was a major blow to fastly and caused the stock price to be cut in half. Subsequently, the company said that they could make up the lost revenue with new customers.

However, this is yet to happen, and fastly stock has continued to bleed out the op's. Heavy tech exposure did not do well over the past couple months and this cost him a 70 000 loss. Next up, we have user diamond hands who has lost 387 000 since his peak on march 15th, he made massive gains in early 2021, with options plays on high flying socks, including palantir, draftkings and gamestop. This took his account to a peak value of 580 thousand dollars.

This was a truly life-changing amount of money for the op, as he had been poor for a long time before this. However, he failed to take profits and is now down almost four hundred thousand dollars. On the bright side, all he lost were unrealized games. His account currently sits at 192 000, which is far higher than he had originally most commenters, are supportive of his positions and advise him to use the current dip in palantir stock as a buying opportunity.

However, the op has bought the previous 17 dips, but the stock seems to not stop dipping. We wish you luck on your future trades next reviews are rockwood the roll who has generated some serious loss porn over the past week. He is down 37 000 canadian dollars on pay safe calls. Paysafe is a british payments company whose stock has traded sideways over the past week.

He is down 32 000 canadian dollars on skills. Calls skills has not had a very good past week with the stock price declining 12 percent. His biggest loss is up fintech holdings, a chinese stock broker jack. His calls are down 113 000 canadian dollars, as the stock has declined more than 18.

He is also down forty four thousand dollars on pound to your calls. Palantir is also down more than fifteen percent and finally, he is down thirty two thousand dollars on virgin galactic calls as the stock has fallen roughly ten percent in total, he is down almost 261 000 canadian dollars in the past week alone. Next, we have user who needs cash, who is down 52 thousand dollars on alibaba. He owns 70 contracts of june 18 to 90 strike calls that he purchased at a cost basis of 8 dollars and 2 cents.

They have, since decreased 94 to 42 cents, each costing him a 52 000 loss. Alibaba stock has actually surpassed 300, a chair in the past at its peak in october of 2020, however, fears of anti-trust scrutiny have pushed the stock down 20 to 220 dollars. At this level. The op's calls are 30 out of the money and declined in value accordingly.

He bought the calls in february hoping for a reversal. The company has an impeccable balance sheet, so it's ridiculous for the stock to be below 300. In his opinion, his conviction is so strong that he bought even more calls on the same day. He made this post.

We wish you luck. Next, we have roger brutus with a four figure game on fd's mate in only three days, till experience, starting out with 855 dollars. He invested in calls on the steelmaker new core, with calls that expired on may 7th. He bought them starting on may 4th and sold his last ones on may 6.

One day before expiry, he mainly dealt in 87 strike calls. Newcore is one of the most talked about reopening plays as a heavy industry player that stands to benefit from all parts of the economy going back to normal in the past five days in particular, the stock has gained more than 20 percent. Part of this bullish sentiment might be the result of market commentators like jim cramer, touting new core and other similar stocks as cyclicals. That will do well in a reopening congratulations on your ten bagger.

Next up we have a wall street vets trader by the name of king of shrimps. He has made tens of thousands of dollars by playing meme stocks and now wants to quit. While he's ahead in particular, he has made plays on clover health courts, hair gaming game. Stop and palantir, interestingly, three of four of his plays are in the red, but it only takes one game: stop going to the moon in order to wipe out the losses and leave you with 42 and a half thousand dollars of sweet gains.

His investment in gamestop was twice as big as the next biggest position, but in the stock market. What often happens is that large numbers of stocks lose a little bit of money, while a very small number more than makes up by making 10 daggers. As for his announcement that he is quitting now, we will see if that actually ends up happening. Most people seem to think that this attempt at cashing out once and for all, will actually end up with the opie crawling back for more congratulations on your gains.

Next, we have a tesla trader with a series of day trades that would make any pro jealous. He went all in on fds on tesla and to say the least, it worked out. He started out by buying 93 contracts of 670 strike, calls expiring on may 7th. He bought them at about 1002, am on the day of expiry for a price of six hundred ten dollars per contract or close to sixty thousand dollars total.

Luckily, tesla was in the middle of a strong morning, rally right about then, and the op flipped. Those calls just 10 minutes later at exactly 10 12 and 42 seconds. He placed a limit order to sell all 93 contracts for 9.70, which filled three seconds later at 10, 12 in 45 seconds. The proceeds from the sale exceeded 90 000 for a 33 000 total gain in the span of those 10 minutes.

In terms of percentage return, that's more than 50 percent. One might be tempted to say that this trader has paper hands for getting out of the market. So quickly, but if he had stayed in for too long, those games would have quickly faded and reversed. The reality is that most of the time, fds don't turn out this well just ask commenter boltz86, who says that he lost ten thousand dollars after initially making five grand on tesla games that same week.

Next, we have another case of a massive portfolio: booking modest percentage gains for the size of the portfolio, making them huge and absolute dollar amounts. User. Ordinary 5612 says that he thinks buying virtual class b shares will help investors build a million dollar portfolio. It turns out that this trader bought 35 contracts of 285 strike, calls on berkshire on may 3rd for a price of around two dollars per option.

Now those options are worth between 720 and 850, based on the bid ask spread, meaning that in the worst case scenario, he could cash them out for seven dollars and 20 cents each that would book him a 250 gain in only a few days in a thinly Veiled flex on fellow wall street bets traders, he also posts this screenshot showing his positions where he can also clearly see his total stock portfolio value of 905 000. He said in his post that if you can't make his level of 250 percent berkshire yolo games, it will take a decade of compounding to build up a portfolio the size of his. Of course, there are many other factors in determining the future size of your portfolio, but regardless congratulations on your trade, 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 uploads also make Sure to check out our second channel wsm research, where we post dd on high growth socks, as always. Thank you guys so much for watching wall street millennial, signing out.