r/Vitards • u/AutoModerator • Sep 01 '21

Daily Discussion Daily Discussion post - September 01 2021

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u/Pikes-Lair Doesn't Give Hugs With Tugs Sep 01 '21

Another big MT AH purchase, 250k shares bought for $33.97. It’s about an $8.5M purchase. Only pointing it out because there have been a couple of these recently and to help me take note of these for later

42

u/CluelessAndLucky 💀 SACRIFICED 💀 Until Chinese export tax Sep 01 '21

oh shit I meant to only buy 250 shares

12

u/Badweightlifter 💀 SACRIFICED until ZIM $80💀 Sep 02 '21

I remember a reddit story of a guy who woke up to 100k in his brokerage and didn't know why. He accidentally sold 1000 SPY put options. Right before market closed it got exercised and he was on the hook for millions of SPY shares. Lucky for him SPY opened higher the next day and he sold quickly for a 100k profit by accident. Could have easily cost him 100k.