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PaperclipPerfector  3mo ago (text post)   2341 thread views

Friday Fun Thread for August 8, 2025

Be advised: this thread is not for serious in-depth discussion of weighty topics (we have a link for that), this thread is not for anything Culture War related. This thread is for Fun. You got jokes? Share 'em. You got silly questions? Ask 'em.

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If it makes you feel any better, one of my university housemates loaded up on cruise line puts, he timed it well (somewhat) as the price did indeed drop further after he bought the puts.

However, due to the implied volatility being so high when he bought them, he still managed to lose money overall despite buying puts on a stock that fell after he bought the puts (as the IV also dropped over the same period).

I've never felt bad about not being an options degen after witnessing that lol

I don’t know how your friend managed that; In the original thread, the OP of little faith had given the put he dared us to buy – CCL was trading at 42, the 30 put a year out was 1.35. The next month the stock fell to 12 ; so that ‘s 13x, then it fell even further to 8, before rebounding, so if held till expiration, 7x.

Lol, options are so much fun. They will fuck you 99.99% of the time. But the one time they dont... your broker calls you on January 27 about that Gamestop $10 call you bought 6 months ago on the advice of some idiot degen who's math actually penciled out. "Dude... you gonna exercise or what?"

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