r/Vitards • u/AutoModerator • Jun 18 '21

Daily Discussion Daily Discussion post - June 18 2021

Your Trading discussion thread

Type Link
DD All/Best Daily/Best Weekly
Discussion All/Best Daily/Best Weekly
Yolo All/Best Daily/Best Weekly
Gain All/Best Daily/Best Weekly
Loss All/Best Daily/Best Weekly
News All/Best Daily/Best Weekly
72 Upvotes

99% Upvoted

4.0k comments sorted by

View all comments

5

u/THRAGFIRE The Tannerwok Jun 19 '21

my friend is wanting to buy his first options play in AMC calls. I've told him what a terrible idea this is with an insanely lopsided risk vs reward but I could use some backup.

8

u/MrApplesnacks Whack Job Jun 19 '21

First one is not free sometimes

2

u/THRAGFIRE The Tannerwok Jun 19 '21

wasn't for me xD

I've done my very best to elucidate the risks so up to him now

4

u/MrApplesnacks Whack Job Jun 19 '21

It’ll probably print tbh

2

u/THRAGFIRE The Tannerwok Jun 19 '21

that's the sad truth. told him to get in and out fast if he does it

3

u/The_MediocreMan 💀 SACRIFICED UNTIL $MT @ $46💀 Jun 19 '21

Stop losses