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 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, we have none other than keith gill, aka, roaring kitty aka, deep effing value with another massive update on his gamestop trades on friday april 16th.

He posted his final update on his gamestop yolo. In it, he showed that he had exercised his fifty thousand dollar calls to buy fifty thousand shares of gamestop at a price of just 12 dollars a share. He has additionally bought another 50 000 shares of gamestop and holds more than three and a half million dollars in cash. After this trade, his portfolio is worth a whopping, thirty, four million four hundred thousand dollars after his post gamestop stock increased in after hours trading by five dollars to 161 dollars a share.

Needless to say, mr gill has done extremely well on his gamestop trade. Having made more than 20 million dollars of unrealized gains, in addition to the estimated 10 million dollars of already realized games at the end of 2020, he owned about 10 000 shares of gamestop, which he then increased to 50 000 in january and then 100 000. In february, in the congressional testimonies in the second half of february, he said that he still believed that at the time the market was not giving gamestop credit for its business prospects. It seems he put his money where his mouth was and now has profited literally millions of dollars off his insight.

Next, we have user joe tech's 100, with a massive gain on calls on clover health. He owns hundreds of thousands of dollars worth of calls on clover, which is the healthcare service tech company that chemoth pala hapatia took public through his back several months ago. The stock jumped 34 on friday in an apparent short squeeze after having bled out below its back price of ten dollars a share over the past few months, the op owned calls expiring in the next several months of various strike prices, ranging from seven and a half Dollars to twelve and a half dollars in all, he has six hundred eighty thousand dollars worth of calls now after friday's 34 rally, his one day gain was almost five hundred thousand dollars, meaning his portfolio of calls quadrupled in one day alone. User jbmc7 complains that whenever a short squeeze or other thing like this happens, whenever he jumps on the bandwagon, it never works out for him.

Apparently, he feels as though, whenever he bets on a stock, it will end up finishing the day down 30 because he jumped on user btsd responds by saying that you can't hop on these things after you start seeing game porn on it by that time, it's already Too late he says he prefers to quote: buy the rumor and sell the news unquote. Otherwise it's just buying a lottery ticket. Next we have user man snipt, who has made more than a quarter million dollars on a concentrated position on riot blockchain. He is holding 11 000 shares of riot stock, which he bought for an average cost of 24.84 cents.

A share riot stock has done extremely well over the past six months, due to the rise in bitcoin prices. The price of bitcoin directly impacts riot blockchain's profitability because they make money through mining bitcoin because of this, the price of riot has rallied with bitcoin and also cooled off somewhat since february, when bitcoin's rally lost some steam since october of last year, when riot was trading At three dollars a share: the stock has increased more than tenfold to forty four dollars and sixty four cents a share. A twelve hundred fifty percent increase the op didn't get in at quite the bottom, but close enough to the bottom that he was able to take advantage of half of this incredible run. This is the exact type of yolo and success that wall street best users live for.

The comment section expresses nothing but admiration for the opi's trading abilities user. It's april adopts the op as their father asking when the op will pick them up, but there's one commenter, who won't let the fact that the opi is still using robin hood slipped by trading on robin hood. Helps hedge funds, by selling your order flow to market makers, which are sometimes run by hedge funds, as is the case with citadel. Also, they lend out your shares to short sellers, who are mainly also hedge funds, as a result, by using robinhood to trade, the op is indirectly giving more business to hedge funds next off we're revisiting an old post from a previous video.

A couple weeks ago we covered user tu nice who posted this screenshot of his robinhood portfolio. On april 1st, he had 146 thousand dollars of gains he made by trading tesla calls in the past. On april 1st, he plowed all these games into 91 contracts of 700 strike. Tesla calls expiring in less than two weeks.

At this point, tesla's talk was about 661 dollars, so his calls were almost 40 out of the money. Tesla stock drifted lower throughout the day and by the end of the day, his calls had declined in value by 49 or a whopping 72. 000. At the time we said things looked pretty bleak for this position, it would end up being a loss most likely instead of locking in his loss.

Tu nice held the position over the weekend. His diamond hands paid off and on monday april, 5th tesla opened up coming within striking distance of the 700 strike, calls he sold out of the position at the open for around 25 dollars per call. This yielded him. 52 percent or six thousand dollars of profit from the time he bought it.

T? U nice emptied out most of his robin hood account at the beginning of april, but left 35 000 in it, which he used to scalp and trade tesla options. In the first week of april, he made more than 500 games turning his initial 35 thousand dollars into more than 200 000. The bulk majority of his games came from tesla calls, but he also made some plays on roku, amazon, alibaba, jd and square. He didn't only go long.

He also made money on amazon puts as he thought the stock was primed for a sell-off. All of these positions combined contributed to his six-figure gains. Despite the undeniably impressive trading results, the eop is actually a relative newcomer to the stock market. Only starting investing in april of 2020., his first trade was ebay, calls which minted him 16 of gains.

After making the small win, he was hooked, while he's had ups and downs over the past year. The end results have been incredible. Besides the 220 000 dollars. He has in robin hood.

He also has another 420 000 in his second account as of about a month ago, assuming he hasn't lost any of these gains. Since then, his net worth would be in excess of sixty thousand dollars, a truly life-changing amount of money. Next off we have user straight zlat, whose robinhood account shows a negative balance of 660 dollars. He fears, robinhood ceo vlad tenet may pay him a visit to collect on this debt.

The op owned 405 and 410 strike spy puts expiring on april 19th. The spy has increased to record highs in recent days sitting at 417 dollars. This means his puts are likely to expire worthless. He also owns 20 strike.

Calls on ccj that expired on friday, april 16th, ccj or kamiko is the world's largest publicly traded uranium company. As of 2015, it was the world's second largest uranium producer, accounting for 18 of world production. On april 16th, the stock closed at 16 and 31 cents below the op strike price of 20, so the calls expired worthless. In total, the op lost 102 of his portfolio or 38 000.

He was likely playing called spreads, which can often lead to negative reported account balances when one leg of the spread is closed before the other. If this is the case, his negative balance will disappear after both legs have been fully settled and he likely doesn't have to worry about vlad coming to his house next off with user kane 1418, who posted some pretty severe loss point on lordstown motors ticker symbol ride. He owned 10 shares of ride as well as 15 calls expiring on december 2021 between the two positions. He is down almost 53 thousand dollars.

Lordstown is an ev company that plans to manufacture fully electric pickup trucks. With this factory located in lordstown ohio, it went public via a spec in mid-2020 and immediately got a lot of hype from retail investors during the ev craze. However, on march 12, 2021 short selling firm, hindenburg research, the same firm that took down nicola accused lordstown of overstating their pre-orders. Shortly after this, the sec started an inquiry into the matter, and the stock fell more than thirty percent.

It now sits at ten dollars per share, almost exactly the same as the initial smack price. With the recent decline in share price, the op's calls are now more than fifty percent out of the money. They don't expire until december, so there's still a chance. They could end up being a winner if the company actually delivers on its production targets this year.

However, at this point it looks like a slim chance, despite the bad press regarding lordstown, the op is still a believer in the stock and thinks the shorts will end up being proven wrong. His high confidence in the trade caused some commenters to question his mental facilities. 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 tech stocks. Finally, follow us on tik, tok and instagram and we'll see in the next video, as always.

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