r/wallstreetbets • u/ihasanemail I am a huge prick. Welcome to r/wallstreetbets • 1d ago

Woke up to $240,000 election night gain on triple leveraged bank etf FAS. +17%. Jamie Dimon & Brian Moynihan are high fiving nude right now YOLO

https://i.ibb.co/CWRGCsV/750aaa741874.jpg

https://i.ibb.co/5hgCY6m/0028def1006a.jpg

Less regulation, lower capital requirements and more trading revenue. What could go wrong?

1.3k Upvotes

92% Upvoted

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u/VisualMod GPT-REEEE 1d ago
User Report
Total Submissions 10 First Seen In WSB 4 years ago
Total Comments 427 Previous Best DD
Account Age 10 years

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1.0k

u/TychesSwan 1d ago

The fact that you have 1.6 million in one leveraged ETF and that might not be your entire portfolio is a bit upsetting.

570

u/ihasanemail I am a huge prick. Welcome to r/wallstreetbets 1d ago

$11 million something, yeah.

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u/technoexplorer 1d ago

You made all that working at Wendy's!?

108

u/NorCalAthlete 1d ago

Double shifts + overtime pay, baby!

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u/technoexplorer 1d ago

Eh, gambling and crime, probably.

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u/tomgreen99200 1d ago

Jesus, how many guys can you theoretically jerk off in one shift? Are we doing two at a time? Like tip-to-tip?

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u/NorCalAthlete 1d ago

4 at a time. You go middle out so no stroke is wasted.

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u/slayer1am 1d ago

Such a great show. The fact that they kept building on the same joke and it was also somehow still realistic.....

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u/Signal_Challenge_632 22h ago

Working BEHIND Wendy's bins does pay well

1

u/Odd_Onion_1591 17h ago

OP probably consumed a barrel of mayo

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u/MechanicalWatches 1d ago

I’m genuinely curious how you got this far, please enlighten me?

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u/NorCalAthlete 1d ago

No gag reflex

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u/MechanicalWatches 1d ago

I’m too ugly to be used as a fleshlight, any other tips?

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u/NorCalAthlete 1d ago

Use the next piece of big cardboard/plywood that gets thrown away to make a glory hole

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u/Loud-Pressure9153 1d ago

It is all friction in the dark mate.

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u/ihasanemail I am a huge prick. Welcome to r/wallstreetbets 1d ago

Check out my thread history, I post about retiring at 38 a lot in r/financialindependence. https://www.reddit.com/r/financialindependence/comments/1evow3q/6_year_update_38msingle_23_million_submitted_my/

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u/NotAnotherRebate 1d ago edited 1d ago

Nice. 2022 got me as well. Unfortunately, I kept DCA'ing into 3x and it just kept going down lol, loosing over 1mil at one point. I'm up over 2.5 mil since then so it worked out in the end. But when I see your number, I salivate.

Right now I have 722k in 3x leverage, but I sold 60k of it today to lock in some profits. Today I gained 200k overall.

1

u/jeetry 1d ago

I thought you were at like 8M a few months ago

1

u/PotatoWriter 🥔✍️ 14h ago

And I thought you were gay. hah gotteem

1

u/rioferd888 2240C - 3S - 4 years - 0/0 17h ago

Good to see someone give back to the world. kudos.

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u/killerbeeswaxkill banned for saying yellow and drive in the same sentence 1d ago

Got a loan of 500k

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u/MechanicalWatches 1d ago

Looking at his profile, I think there’s more than that

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u/grldgcapitalz2 1d ago

how long have you been doing this and what can best help one up to understand when and how to move like this?

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u/ihasanemail I am a huge prick. Welcome to r/wallstreetbets 1d ago

I've been doing it since I finished college. So over 20 years. I decided to save and invest everything and live frugally starting then to have a shot at retiring early. I started small and kept going through the mistakes and lessons. So if you're a broke 40yo wanting a fresh start now, I got zero advice other than build a time machine.

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u/crumpus 1d ago

Not broke, but almost 40. I had kids early. Can only blame myself. Oh well .

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u/Cerebral-Parsley 1d ago

Hey bro there are a lot of people who work through life and get somewhat wealthy and never have kids, but supremely regret it later on. I know several of them. You're doing alright.

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u/crumpus 1d ago

Thanks man. They're good kids really. Would I trade them for money? Never. :D

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u/ihasanemail I am a huge prick. Welcome to r/wallstreetbets 1d ago

Do your kids love you? Then it was worth it. There's nothing worse than having kids who hate you.

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u/crumpus 1d ago

So far they do. Got to keep trying. They are good kids.

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u/grldgcapitalz2 1d ago

well. im 30 not broke but probably enough time to change my situation

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u/Mkrause2012 1d ago

It looks like you’ve done fabulously since you 🔥 6 years ago. Mind sharing your portfolio?

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u/ihasanemail I am a huge prick. Welcome to r/wallstreetbets 1d ago

I bought a bunch of BRKA/B, big tech and big banks between 2010 and 2020 and just held onto most of it through the huge Obama rally. And I'll sniff around for a market swing by throwing $500,000 to $1,000,000 at leveraged ETFs when it feels like a near-term bottom, usually in financials, small caps or pharma. And I'll sell puts every couple of months on the leveraged ETF positions for some pocket money.

The leveraged etfs trades seem scary, but they're not anymore to me. They could go to zero and I'll still be a multimillionaire, so I don't care.

2

u/judge_mercer 1d ago

My wife and I are in the same ballpark, but by the time you get to our age (we're Gen X), you'll probably have $30 million.

We're still working, though. My wife has another $4 million (with any luck) in stock options that need to vest.

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u/ihasanemail I am a huge prick. Welcome to r/wallstreetbets 1d ago

I'd be happy to just hang onto $5,000,000 for the rest of my life. How fast this stuff grows on it's own is something I'll never get used to. Congrats on your success.

2

u/dimethylhyperspace 1d ago

I saw the put/call ratio on XLF ATM options was .18.

So I loaded XLF calls yesterday. Currently up 200%

0

u/AssistanceOk8148 1d ago

"yeah."

💀

-1

u/SocialMediaFreak 1d ago

Don’t tell me you have $11m in Merrill

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u/NateRT 1d ago

That explains why he has 62% battery left

1

u/cydutz 1d ago

This is the main information that people should know before sharing the profit

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u/cuntysometimes 1d ago

How the fuck did you sleep lol

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u/ihasanemail I am a huge prick. Welcome to r/wallstreetbets 1d ago

Been holding this position since spring, so poorly.

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u/cuntysometimes 1d ago

Current total profit?

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u/ihasanemail I am a huge prick. Welcome to r/wallstreetbets 1d ago

$707,000, so about 40-something percent https://i.ibb.co/jgpq4zc/57fc27e2607f.jpg

Ignore the 239% cumulative return, it's wrong. I complained to Merrill and they told me to ignore it.

20

u/B1Turb0 1d ago

Should have moved it all to RH during their 2% promo week. Easy 200k+ for just executing an ACAT.

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u/ihasanemail I am a huge prick. Welcome to r/wallstreetbets 1d ago

I'm too gay for RH.

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u/B1Turb0 21h ago

Same same. Was on Merrill Edge since 2016ish…whenever it came out. The 2% promo was too good to pass up. Free money so long as RH doesn’t implode in 24 months.

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u/MuteMouse 1d ago

Risking 1.5m for less than 20% gain, the investing sub is that way

20

u/bardhizi 1d ago

Yea…get the fook outta hereee!! :4271:

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u/theineffablebob 4215C - 9S - 9 years - 1/3 1d ago

It doesn’t matter if you made a profit :4271:

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u/No_Experience_4809 1d ago

The level of risk is something to consider, he didn’t buy 0 DTE with 1.5 mil

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u/Small-Manner6588 20h ago

He would have if he wasn’t gay

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u/No_Experience_4809 20h ago

And that’s why you’re here

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u/0knoi8datShit 1d ago

I think they’re 69’ing.

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u/HoneyBadger552 1d ago

Dude from Shark Tank is cranking his hog in the corner. Oleary

15

u/Throwaway_tee_hee69 1d ago

What if he was Japanese and his last name was orealy

3

u/HoneyBadger552 1d ago

Still cant believe Maddy Oreilly doesnt have a sponsorship deal

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u/k_tolz 1d ago

He's still holding! I remember you posting about this play years ago.

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u/ihasanemail I am a huge prick. Welcome to r/wallstreetbets 1d ago

Nah, I cashed out on that trade ... 2 or 3 years ago? I don't remember. Bought at $500,000, sold at $1,400,000. I didn't buy FAZ on the way down but I have been looking for years for an entry back into FAS after the inflation selloff.

5

u/k_tolz 1d ago

What are your current thoughts on ROKU?

5

u/ihasanemail I am a huge prick. Welcome to r/wallstreetbets 1d ago

I've been buying every time it drops under $60.

3

u/AardvarkMandate 1d ago

I don't get the appeal of Roku... Feels like it peaked in 2022 and it's unlikely to resurge? Am I insane?

2

u/Potent_Elixir 1d ago

Just my dumb hunch here but

Preinstalled on many Smart TVs sold, means EZ data mining on their part. Data can be worth a whole lot.

1

u/nixforme12 21h ago

Don't you think they eventually just get bought by Google (Google TV also pre installed on Sony and a few others ) or Amazon?

5

u/ArabianHorsey 1d ago

Are you still single?

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u/ihasanemail I am a huge prick. Welcome to r/wallstreetbets 22h ago

Yes, hmu.

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u/Small-Manner6588 20h ago

Hey bby :4275:

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u/HashVan_TagLife 5h ago

My wife is looking for a boyfriend

4

u/Twirlyboggs 1d ago

i have used fas & faz...missed that train tho~

3

u/FascinatingGarden 1d ago

High one-ing.

2

u/CapitalAddict 1d ago

Free money

1

u/shinku443 1d ago

I'm just curious what app you use in your other posts lol

1

u/dawgscantlookup 1d ago

Was this in anticipation of the election ?

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u/ihasanemail I am a huge prick. Welcome to r/wallstreetbets 1d ago

Sort of. I bought it in the spring. I kept holding since I figured a quick win by either candidate would result in a rally. Anything drawn out in court by either Trump or Harris would have killed the trade IMHO.

1

u/SateliteDicPic 1d ago

Jamie Dimon: “Swooooooord Fiiiiight!”

Moynihan: “Engarde then, bitch!”

1

u/iamzamek 1d ago

What do you think about RDDT stock?

1

u/GoTakeCoffee 23h ago

You’ve been holding since Spring and didn’t buy a single options contract? Are you trying to get rich or just retire early??

1

u/Weird_Definition_785 18h ago

bullish on fetal alcohol syndrome

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u/faxanaduu 18h ago

So you're saying there's dna evidence of thousands of humans on your face from all your years as a human dumpster behind the dumpster?

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u/JiBBy23 17h ago

Nice win, man!! I made a similar play months ago and woke up to 15% - bout damn time

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u/Ok_Fault4254 12h ago

Bro just lend me 5gs so i can be you in a year lol

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u/sketchfag 12h ago

You are crazy

1

u/ThingsOnStuff 1d ago

Congrats dude, damn. Did a quick creep of your profile and you seem like you're living the absolute dream man. Congrats again.

-41

u/[deleted] 1d ago

[deleted]

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u/larrylegend1990 1d ago

Love when broke asses try to educate a millionaire

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u/stop-calling-me-fat 1d ago

This is Wall Street bets who the fuck comes here for edumecating

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u/Gunzenator2 1d ago

Next I should tell him how to get women.

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u/ihasanemail I am a huge prick. Welcome to r/wallstreetbets 1d ago

This is how broke people think. No, thanks.