I have $100 what option should I buy?

u/Overall-Magician-847 · Reddit — r/smallstreetbets · May 28, 2026 at 18:05 · ⬆ 51 pts · 💬 81 comments  | View on Reddit ↗
AI Summary

Summary

  • The author is asking r/smallstreetbets to pick a single option trade using $100, with no personal thesis and an indifference to losing the money.
  • Top comments suggest $SPCE calls (momentum before SpaceX IPO), $DELL calls (buy before earnings), and $SPY 0DTE at-the-money or slightly OTM.
  • Quality assessment: This is pure speculation / noise – no research, no analysis, just crowd-sourced gambling.
Score 51
Comments 81
Upvote % 88%
Ideas
u/Overall-Magician-847 Reddit r/smallstreetbets
SPCE has “plenty of momentum” ahead of the SpaceX IPO, per the top comment. Retail traders are chasing event-driven hype; short-dated calls could amplify a continued rally. Bet on momentum continuation with a 3-month out-of-the-money call, but the rationale is thin and sentiment-driven. SpaceX IPO may not directly benefit SPCE; momentum can reverse quickly; low probability of profit on OTM options.
u/Overall-Magician-847 Reddit r/smallstreetbets
Suggests buying 1 SPY 0DTE contract at-the-money or one strike up as the “most logical” $0dte play. 0DTE options give maximum leverage for $100, but are pure gambling with no edge. A coin‑flip trade with high odds of expiry worthless. Theta decay to zero by end of day; any small adverse move wipes out premium; no directional catalyst.
More from Reddit — r/smallstreetbets

This Reddit post, published May 28, 2026, features u/Overall-Magician-847 discussing SPCE, SPY. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: u/Overall-Magician-847  · Tickers: SPCE, SPY