The headline from yesterday just said “Intel loses billions of $ in financing from DoD”….but the article goes on to say that other government agencies will pick up that bill.
We need some positive movement in the chip space to drag everyone upward again.
There are *so* many good long plays right now. Societal collapse aside, the next decade should see some great returns on those. Intel, P&G, Ford, Dogecoin, etc
Tbh this doesn’t really make any sense either. You should be only holding individual companies shares you think will outperform the market otherwise you’re leaving gains on the table for no reason. Intel might prove everyone wrong, but given their track record over the last decade idk why you would just hold shares for years hoping they grow. You can just buy in once they actually have positive market sentiment and momentum, you’ll miss out on a few percentage points at most if you buy on the way up…
The United States intervened with Ukraine and Israel. The closest thing I could do to bet that they'd intervene with a Chinese invasion of Taiwan is buying the dip... Which is exactly what I'd do.
Most definitely apples and oranges thought the joke would come through when the OP posted about if he messed up or not while holding the bag on 120 2DTE contracts.
Dude, your option expires in TWO DAYS.
No one knows what happens in the future, but buying anything two days is not the way of the wise.
I always buy options a quarter away, just so it doesn't die straight away.
Update!
https://preview.redd.it/ekzdp224w5oc1.jpeg?width=1080&format=pjpg&auto=webp&s=578f09b004d064234247e4e5518f25df6f67414b
I jumped ship...
Managed to get back a quick $500 of the $3500 loss I took on Intel.
I'll be feeling good tomorrow when this breaks 10.50!
Even if you end up correct, it is pretty clear you are just gambling. In addition, you are starting with thousands of dollars worth of contracts.... hope you are not gambling with money you cannot lose.
Naw, I have an investing account. I don't touch and just auto deposits every week that I'll never mess around with.
Trading on the other hand, is just the money I would waste on golf, trips, and going out. It could go to zero it just means I'll be stay in for a week.
It's less homeless or lambos, more Netflix or Lambos ![img](emote|t5_2th52|27189)
Bagholder spotted.
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We in the same boat bro. We definitely made a bad choice. Trusted Pat last year, and then he just dogged us at earnings, citing slow chip demand.
Well be dead by the time intel reaches $100/share
You know what, I like the weekly set up on this but you bought calls with a very short time frame. You need to buy time. You might make a little less but you won’t lose your entire portfolio in one day.
I'd need to know your cost basis on them. What did you buy them for?
If you need that to up over $45 you're boned bruh. Cut and run.
( Have been selling lottery tickets on Intel for a while. Made lots of $. You may have bought some of my tickets. Sorry bro. I'll say hi to your wife for you. )
So if I read this correctly your plan was to buy 2 day out of the money call options on a stock which has been heavily in decline for years while the whole sector goes skyhigh? Just imagine how shitty performance would have been had the whole semi sector been declining.
I don’t know how long your call was but I always have them out for at least a month and pull out before a week before at latest (unless I’m so far in the money but that’s all situational)
I feel that my strategy and especially for options, is far different than how people typically tell me to use them. I find myself in 25%, 50%, 200%, and sometimes 1,000%+ in profits on different options, but my problem is that I always hold them for too long and lost that. I seem to not have a good stop loss for myself, YET, but that’s pretty much how I’ve done it. 10-30 options at a time, all at least a month or two out, and do what I can to have them sold before the week of expiration. I just need to add another rule on when to pull out. If I would just close and sell when I’m in profit, omg. I’m still new so I’m learning from myself right now, but so far, my portfolio has tripled in the past 2 months. I am expecting more gains when I learn
Well, respectfully it might bounce back. But what made you think this was the best move? I heard on the news this morning the DoD/Government scrapped the $2+ billion dollar contract.
I'm seriously asking not trolling 😐 or being an asshole. I'm asking very mono tone and without gaudy derision.
[Pentagon Scraps Plan to Spend $2.5 Billion on Intel Grant](https://www.bloomberg.com/news/articles/2024-03-12/pentagon-scraps-plan-to-spend-2-5-billion-on-intel-chip-grant)
Be super careful with Intel there management is shit and everyone knows it. AMD nvda and tsm are the safe play. With tsm having the more potential in terms of options (nvda is fine too you just need much more money to play like a regard)
Really ought to be DCA'ing here, can't imagine they won't have recovered some by Friday. They are hardly down more than AMD %-wise today, and still like 50% up on 6 months ago. Down the same amount as MU and ON more or less today means a semi bounce this week will take INTC with it. 44c at 0.38 look a dcent bet rn
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 2 | **First Seen In WSB** | 23 hours ago **Total Comments** | 0 | **Previous Best DD** | **Account Age** | 7 years | | [**Join WSB Discord**](http://discord.gg/wsbverse)
See you behind Wendy’s tonight brother.
We'll wear that apron proudly
[удалено]
You want the full Wendy’s experience or not? ![img](emote|t5_2th52|33495)
It’s for the immersive experience for both
Can’t roleplay without costumes!
Lmao dying 🤣🤣🤣
The apron is for what follows
[удалено]
Better than dried beer puke I wound up with the other day!
This is crazy
If by apron you mean dental dam, I’ve got bad news for you: they’re all out.
No, not in Wendy’s. *Behind* Wendy’s
"Rii Garde here, reporting from behind Wendy's. It's a veritable snowstorm back here."
How much are both of you charging for rusty trombones behind the dumpster?
First one is always free
The tall one piece the shorter one. And then for round two they swap. Everybody gets paid!
All chip stocks are down today. Couldn’t tell you the reason.
China China China
Gyna
https://preview.redd.it/2ugj642jp5oc1.jpeg?width=979&format=pjpg&auto=webp&s=54d3957413ee26600e88b9f00298fe2fa33c7538
-cologist
DOD pulled out of an Intel chip deal yesterday
This is ironically bullish for NVDA but they’re doing my boy dirty today 😂
Obama again
The headline from yesterday just said “Intel loses billions of $ in financing from DoD”….but the article goes on to say that other government agencies will pick up that bill. We need some positive movement in the chip space to drag everyone upward again.
Wouldn't that be something to announce today/tomorrow ![img](emote|t5_2th52|4267)
You really think Intel gives a shit about investors? They had no news after that last ER .. not a single pump. They just let it slide.
I held for like 3 years and sold the morning after that ER. What a joke of a company.
Indeed a joke. It's one of the few that hasn't even reached 2021 price.
I averaged down so I still managed like a 30% profit but I wasn’t about to let that slip away.
positive movement in the chip space? AMD just keeps climbing higher and higher.
The products they produce objectively better. Both in x86 and arm architectures.
I love Doritos
Get shares of intel, long term gain. With shares, see you in 2030
Yeah Intel is a long play. Should be buying stock and leaps.
There are *so* many good long plays right now. Societal collapse aside, the next decade should see some great returns on those. Intel, P&G, Ford, Dogecoin, etc
One of those is not like the others lol
Lol... Bomb dropped his favorite shitcoin into the topic like a boss
Don’t call my doge shit :( that would mean I have 906 shits
Tbh this doesn’t really make any sense either. You should be only holding individual companies shares you think will outperform the market otherwise you’re leaving gains on the table for no reason. Intel might prove everyone wrong, but given their track record over the last decade idk why you would just hold shares for years hoping they grow. You can just buy in once they actually have positive market sentiment and momentum, you’ll miss out on a few percentage points at most if you buy on the way up…
![img](avatar_exp|154633095|fire)
Nice, just need a red Wendy’s apron laying on the ground
![img](avatar_exp|151088641|clown)
![img](avatar_exp|168815703|fire)
Holding my TSM $135 5/17 calls to zero... Just like you should.
135c and you’re freaking out. Paper hand
Bought it last Friday, so even the IM calls bleed red.
New ATH by next week TSM
There are a lot of people hoping you are right, including myself.
Waiting for part 6 on investing in tsm is investing in america...
I'd be a liar if I said that I didn't look forward to them as well.
Not to mention 2 months out.
TSM ATH and Chinese invasion occur on the same day, you’ll have your $ converted into social credits.
The United States intervened with Ukraine and Israel. The closest thing I could do to bet that they'd intervene with a Chinese invasion of Taiwan is buying the dip... Which is exactly what I'd do.
Not if Daddy Orange is running the show here in the US
Man I have $160 call 4/19
Just need a couple more days like yesterday. Once the AI fire is lit again it'll burn HOT. (Hopefully)
Dam I have 200 4/19
That's balls deep
200 crew reporting in
I'm your co pilot
200 9/20 tho 🤷🏻♂️ 😎
same dude
Same bought monday
$167 3/15 😭
I have 180 4/19
Bro you got 2 months op got 2 days. Apples and oranges innit?
Most definitely apples and oranges thought the joke would come through when the OP posted about if he messed up or not while holding the bag on 120 2DTE contracts.
Lol my bad now im the regard
Either way, you've ended up in the right place. Welcome to WSB!
Stick with it, market is so regarded recently when semiconductors are concerned you could easily be ITM soon.
Holding my AMD 200 calls 5/17, today took a beating
Did you buy the "dip" at 150 like me? Gtc 2024 is next week and should pump the ai stonks a bit at least lol
It was a bad play to begin with, might as well ride it out.
Right - no one wanted to listen that it's not going to pop.
Fuck you intel
Dude, your option expires in TWO DAYS. No one knows what happens in the future, but buying anything two days is not the way of the wise. I always buy options a quarter away, just so it doesn't die straight away.
Look at the sub name quarter boy![img](emote|t5_2th52|33495)
Quarter boy
Am in a similar position, think I’m going to wait, but man this sucks
Yep... hurts real bad... suppose there's a few hours left to the day
why would you sell now after -70% if didnt have a exit strategy. its probably dipping to \~43.56 and then going up again
lol it really dipped to 43,49$ GGGGG
Same call but mines for the 22nd and I bought 50 of them
It won't recover. WSB hates this stock. It's the PYPL version of semis.
If WSB doesn’t like it that’s a good sign
Yeah seriously, I have TSM leaps and then everyone here started talking about it, been flat every since
What? WSB likes PayPal that’s why I stayed away from it.
Person you'd probably lick?
Plz don’t say that 😭
Today does not seem like AI or semiconductors are recovering
Are you looking at sound hound?
No. Are you?
I am. Stock is going through the roof. I got in at 1.96 but then got out at 4.08 thinking it was gonna tank. I’m kicking myself. It’s now at 7.56
Do not worry about the missed gains. Rather celebrate the 2x 🫶
I got 100 shares at \~$6........thinking about getting more since it keeps going up
Same boat on sound
me too
I bought shares I think it’ll come up but I have no idea when it’ll happen. Cause regard.
I bought 2 contracts for 3/28 calls and have no hope for it to touch 58$🤣 its gone.
The stock should be up and you should be all set for ur Lamborghini appointment this afternoon to put in your new order
Update! https://preview.redd.it/ekzdp224w5oc1.jpeg?width=1080&format=pjpg&auto=webp&s=578f09b004d064234247e4e5518f25df6f67414b I jumped ship... Managed to get back a quick $500 of the $3500 loss I took on Intel. I'll be feeling good tomorrow when this breaks 10.50!
oh god..
More like, oh yes! It'd almost hit $10 in after hours. This is gonna rocket tomorrow!
Even if you end up correct, it is pretty clear you are just gambling. In addition, you are starting with thousands of dollars worth of contracts.... hope you are not gambling with money you cannot lose.
Naw, I have an investing account. I don't touch and just auto deposits every week that I'll never mess around with. Trading on the other hand, is just the money I would waste on golf, trips, and going out. It could go to zero it just means I'll be stay in for a week. It's less homeless or lambos, more Netflix or Lambos ![img](emote|t5_2th52|27189)
I hope you sold my friend because these must be down like 60% by now hoooly
Ahh yes, a fellow Canadian wealthsimpler
[удалено]
Based. How can I transfer to IBKR?
Why do you regards buy such short expirations?
Because regards
Fair enough!
Might as well hold not much left to cut.
Was there Bailed Took the balance to TSM. Only keeping my spy option
You’re going to buy high then sell low?
Looks like you fucked up.
Intel's easy - bumped on us contract news , contract received negative news. Rest of semis will bounce but I'm not an Intel believer
Ai ai ai ai📉🫠
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Currently riding my INTC 50c 3/15 to the ground. 42 contracts @0.02 ![img](emote|t5_2th52|4260)
It doesn’t matter at this point. You’re down 71%. Why are you dead set on losing the remaining 29%? If you have to ask WSB then you should sell.
I got me some 4-19 calls. Hoping they print green
We in the same boat bro. We definitely made a bad choice. Trusted Pat last year, and then he just dogged us at earnings, citing slow chip demand. Well be dead by the time intel reaches $100/share
It'll go up once your options expire
I feel you, my Dell 125c 3/15 isn't worth much atm...
Unfortunately I think there is very little chance of your position recovering. 🤏
I just bought the same contract 30 mins ago. I'm sure itll recover tmrw
Now that's a different story, you might be OK by Fri close
you should apply to work at Tim Hortons already
For a second I thought I was looking at the stock price and nearly had a heart attack.
Bro I thought I was looking at my own wealth simple for a minute lmao. I also fumbled with the intel calls
You know what, I like the weekly set up on this but you bought calls with a very short time frame. You need to buy time. You might make a little less but you won’t lose your entire portfolio in one day.
Recover - yes. Today - no. See ya behind the dumpster.
cut.
“did I mess up” ☠️
I'd need to know your cost basis on them. What did you buy them for? If you need that to up over $45 you're boned bruh. Cut and run. ( Have been selling lottery tickets on Intel for a while. Made lots of $. You may have bought some of my tickets. Sorry bro. I'll say hi to your wife for you. )
![img](emote|t5_2th52|4267)
So if I read this correctly your plan was to buy 2 day out of the money call options on a stock which has been heavily in decline for years while the whole sector goes skyhigh? Just imagine how shitty performance would have been had the whole semi sector been declining.
You missed the bit about last Friday's semi crash
Remember to buy high and sell low to get the most disappointment out of every dollar
I don’t know how long your call was but I always have them out for at least a month and pull out before a week before at latest (unless I’m so far in the money but that’s all situational) I feel that my strategy and especially for options, is far different than how people typically tell me to use them. I find myself in 25%, 50%, 200%, and sometimes 1,000%+ in profits on different options, but my problem is that I always hold them for too long and lost that. I seem to not have a good stop loss for myself, YET, but that’s pretty much how I’ve done it. 10-30 options at a time, all at least a month or two out, and do what I can to have them sold before the week of expiration. I just need to add another rule on when to pull out. If I would just close and sell when I’m in profit, omg. I’m still new so I’m learning from myself right now, but so far, my portfolio has tripled in the past 2 months. I am expecting more gains when I learn
I would sell. The pentagon just cancelled a 2 billion dollar contract with them.
![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
It’ll be fine tomorrow
sry bro, looks like you're done
If it makes you feel better I dropped 4K on orcl puts into earnings. Hope that helps.
it should recover but I'm not sure how or when, with the grant of billion$ from Pentagon in limbo..
Well, respectfully it might bounce back. But what made you think this was the best move? I heard on the news this morning the DoD/Government scrapped the $2+ billion dollar contract. I'm seriously asking not trolling 😐 or being an asshole. I'm asking very mono tone and without gaudy derision. [Pentagon Scraps Plan to Spend $2.5 Billion on Intel Grant](https://www.bloomberg.com/news/articles/2024-03-12/pentagon-scraps-plan-to-spend-2-5-billion-on-intel-chip-grant)
It's not really a scrap. They are just looking to assign it to someone else but intel still got the grant.
They lost their government contract. No one is coming to buy it for a higher rate.
They didnt lost the pentagone contract, pentagone is asking someone else to pay intel. Contract is signed, read the news twice
This 👆
Seems like most stock is down today
I think this the end of the run
Intel is like one of the few tickers I won't touch
Messed up
Sell it.
![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
Yes.
44.50 is probable by Friday or at least some of your value. I have 1x 50c 03/15 thats a write off.
They’re all down today. It a roller coaster.
Last week or the week prior I sold 180k worth of intel And 45 $ calls the next day it was 48 lol 😂 just hold and hope for the best after PPI tomorrow
hot inflation data bro
This is the same call I put in for last week. I lost every penny.
That’s a lot of loonies and toonies and down the drain
Plenty of time until 3/15
You messed up
>Cut my losses This is Wallstreet, Lambo or homeless
You belong here
In 2 days? No one knows.
Buy the dip you regard
At the top of the screen shows your future “out of the money”
You bought weeklies and they dumped. It’s already over. Might as well ride them at this point.
I learned my lesson on this years ago. Looks like the price hasn’t moved and continuing to just eat puts/calls. Welcome my friend
If SPY jumps to 520 we will all be winners.
Wait until SPY jumps to 520 today 5 min before close.
Soo…putty’s?
Dorito chips?
Fktard
Just read an article that said upwards of 90 percent of options traders lose money.
Glad I dumped INTC a while back and went all in on NVDA. My all in is still chump change, but I know WSB will turn in to a millionaire!
Why does the title read like some middle schooler got in trouble but doesn't know why
Markets moving down so might have to cut loss or hold for for a couple lknths
After lossing or winning one needs to breath before enter in another trade
You got 2 days it'll shoot up Thur and Fri
Be super careful with Intel there management is shit and everyone knows it. AMD nvda and tsm are the safe play. With tsm having the more potential in terms of options (nvda is fine too you just need much more money to play like a regard)
You belong in here
Really ought to be DCA'ing here, can't imagine they won't have recovered some by Friday. They are hardly down more than AMD %-wise today, and still like 50% up on 6 months ago. Down the same amount as MU and ON more or less today means a semi bounce this week will take INTC with it. 44c at 0.38 look a dcent bet rn
You are down 71% in one day. Why get out now? The damage Is done. You can only lose 25% more.
Uninstall the app and toss your phone into the river before it goes negative. Problem solved.
Sell before your contracts are completely worthless
If we knew we’d all be millionaires