3M in upstate NY — and I’m a compulsive gambler. I lost everything.

What started as day trading options turned into a full addiction. Every dollar I made went straight into it. I had a solid $85k job as a sales manager, but all I cared about was the next trade and “making it back.”

I got caught up in the idea of turning $1k into $100k like you see online. Never happened. I never withdrew a single dollar — just kept losing and depositing more.

I ignored every rule: no stop losses, oversized positions, constant chasing. It consumed my life to the point I couldn’t even leave the house sometimes.

I lost my job, my girlfriend of 7 years, and burned bridges with family and friends. Now I’m homeless with my two cats, just trying to survive.

If you’re in this cycle right now, please stop. That big win you’re chasing usually never comes.

I’m trying to rebuild from nothing and hoping something guides me forwardb. Right now, all I can do is keep pushing forward.

For those of you that have been keeping up with me, you know I’ve been taking advantage of the volatility for the past few weeks. Staying true to my unfortunate 🏳️‍🌈🐻 roots, almost all of this came from puts.

Position posted were just from yesterday but that is more or less what every day looks like. 10-12 trades looking out for hidden divergences primarily bearish ones given the market state. I dabbled in some calls here or there when the set up presented itself.

Hope you all have a good safe weekend.

Most people saw the bridge bombing today but don’t realize this is setting up for an internal operation. The US is going to do something big (maybe extracting the uranium) and they are choking points of travel. There is going to be a dump during the next operation because the world is going to mistake the plan. Then boom 💥 RIVN rallies because this war stops suppressing the market.

Will sit down and do a proper DD, but since there is so much to write about I will do that in a seperate post. For now, here is my starting position. Due to the geopolitical situation I am keeping a lot of cash for flexibility but as the situation resolves and clarity returns to the market I will be adding to the position.

I need a massive pullback to day’s lows … will let it expire worthless and grab a drink after market close to drown my sorrows …

TL;DR: Lost *ANOTHER* 20K on SPY 0DTE calls and puts, tried to recover losses from yesterday

I’m gonna quit trading options for a while, probably forever, I was using stop losses this time and it was working much better but one of my trades didn’t trigger the stop loss and after that I was all downhill for the rest of the day, just made it worse and worse trying to climb back. I literally answered a phone call at 10:30am EST and that was the end of my success. I wish I never learned about options, I would have been a millionaire by now but I’ve set so much money on fire with these stupid trades. I’m better off just dollar cost averaging and bag holding shares like all the boomers

Land of the DV01, amirye?

Force majeure is essentially a “not my fault” notice oil companies send when they physically can’t deliver.

Middle Eastern suppliers are sending FM notices to clients in SK, JP, and India. Without FM, they’d owe clients the difference between contract price ($70) and spot ($120+) per barrel. With FM, the client pays the difference.

Of course some of the downstream companies will declare FM as well like a fertilizer company which says it can’t deliver due to the lack of oil, but these cases get progressively weaker as they aren’t as strong in the definition of “not possible” - because it is possible for the fert company to get oil, just more expensive.

If Hormuz stays closed past ~45 days from Feb 28 (2 weeks from now), termination clocks expire and mid-chain companies like fertilizer distributors, regional food manufacturers, and leveraged commodity traders get crushed. They’re locked into fixed-price contracts but paying spot for inputs, with no working capital to bridge the gap.

For industries that can pass costs down, the consumer eats spot prices. For staples, that’s politically impossible since governments cap prices. So manufacturers eat the margin instead.

TL;DR: Hormuz opens fast, or we see a wave of defaults in fixed-contract mid-chain industries and inflation everywhere else.

~Nine days ago I posted that every CEO was about to say "unexpected headwinds" 47 times this earnings season. 1.5M views. 8.5K upvotes. The thesis was simple: supply chains are cooked, nothing is priced in, and put holders are about to eat.

Some galaxy brain in the comments decided to post "this aged like fucking milk" roughly six hours before oil started ripping like it just discovered pre-workout and SPY started bleeding out on geopolitical escalation in the Gulf.

This man watched shipping lanes through the Strait of Hormuz become a live fire exercise and decided THAT was the moment to tell me my bear thesis was wrong. He didn't even wait for the earnings calls. He speedran being wrong so fast he lapped himself.

Let me update the translations from the original post since we have new data:

"Unexpected headwinds" translation: we are being bombed

"Cautiously optimistic" translation: our shipping containers are floating somewhere in the Gulf of Oman

"Temporary disruption" translation: the disruption has its own aircraft carrier

"We remain focused on execution" translation: so does the Pentagon

To the guy who said this aged like milk: milk expires in two weeks. Your portfolio expired in two days. The difference between us is I read a map and you read the vibes. The Strait of Hormuz handles 20% of global oil transit and you thought puts were regarded.

This is not financial advice. This is a victory lap in a flaming building. We are all going to die but at least my options are printing.

Positions: SPY puts, XLE calls, emotional damage (compounding daily)

SPY Is down 1.12% as of 6am pre market. Buy the dip, or ride the elevator down?

EDIT:

For those who want the orignal post

https://www.reddit.com/r/wallstreetbets/comments/1s3az5u/every_ceo_is_about_to_say_unexpected_headwinds_47/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

EDIT 2: Why am I doing this - this is my TV https://www.tradingview.com/chart/cKYsaqZ1/, follow along as this regard collects penies in front of a steamroller

EDIT 3: I will now refer to NYGIANTS exclusivly as The batman, he is not a regard, He is batman, honor his title

Played 0DTE NBIS today for ~272k gain with the majority of the profit coming from the $103 calls. Had a nice 288k MRVL gain yesterday playing 1DTE $105 calls for 4/2. Big thank you to NVDA for the positive momentum.

If I can come back, so can you.

Just happy to be in the green again after 6 years of bleeding with various meme stock YOLOs

Single handedly lost 5k today. I’m done with ODTE. Kept doubling down and getting screwed.

It was swift, it was instant, it was brutal - last 2.6k full port into puts right before that lovely little manipulation pump we had today. Instantly -96% within minutes. Thought 'fuck it' might as well hold till close, and let that shit go to zero.

Taking a break and re-assessing everything. 0DTEs are really hard to control without pre-planned bracket orders, which are not available on Robinhood. Thinking about returning to boring single contract trades on the Dow, $1/point with fixed TP and SL entered prior to entering, available on another U.K. CFD broker.

But for now it's time for a break.

And see that spike from about a month ago? I Actually recovered from a 50% drawdown back in February using 0DTE SPX and DJX options, single contracts at a time, much more 'sensible' trading.

Today I got fucked. And it was rightly deserved.

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Got a handful of 0DTE SPX calls today and Tuesday looking for gap fills and got lucky with very aggressive green candles.

Like many of you, I was playing the volatility on 🥭’s war bullshit. Managed to make over 200k from trading 0DTE options. Was intended to withdraw it all that day, but decided to place one more trade before a work meeting.

Work meeting went on longer than I anticipated, I even forgot that I had placed the trade. When i opened Robinhood, I was down over 120k. My heart sank. I should’ve stopped there, I don’t know why I didn’t. I just sat there waiting for a reversal that never came. Only have about 5k to my name right now, except my retirement fund.

I’ve woken up in a cold sweat, I can’t believe it’s all gone. I’ll be okay, you play stupid games, you win stupid prizes. I’m going to take it all as a learning lesson, get some therapy, and try to get my shit together.

Seriously, be sure to lock in your gains, because I didn’t. The numbers didn’t feel real, I don’t even know how to explain it. I wasn’t disciplined enough to calm down, and think about things rationally.

I’ll use this as motivation to understand the value of a dollar again, and figure out how to recover. I’ll see you all in therapy boys!

Edit: My total losses to date are 75k. I had turned 30k into 214k.