Friday afternoon I thought I was being smart. Expected some unpriced volatility into Monday, so I decided to grab a few cheap OTM strangles expiring immediately.
Then my dumb monkey fingers betrayed me.
Right before the closing bell, I fat-fingered it and bought way too much. Now a substantial percentage of my life savings is sitting there, ticking down to zero like a Hollywood bomb timer.
Positions (opened Friday, expiring Monday):
SPY
• 1/12/26 692P — 721 contracts @ $0.60 → $43,713
• 1/12/26 697C — 721 contracts @ $0.45 → $32,494
GLD
• 1/12/26 414P — 131 contracts @ $1.77 → $23,274
• 1/12/26 415C — 131 contracts @ $1.79 → $23,536
Total YOLO on the line: $123017, could expire worthless in a heartbeat.
Backstory:
This account took 11 years of saving. I only started options last year and had some huge swings:
• Lost $50k on NVDA short-term options during Liberation Day
• Made $40k on medium-term GLD calls
• Made $100k on SPXL LEAPS (just closed on Friday, thank god)
So naturally, feeling slightly redeemed, I decided to roll the dice one more time.
Now it’s Saturday. I’m restless. I can’t sleep. I keep refreshing futures like it’ll change something. I worked hard for years to get into a decent financial position. Did I really just YOLO it all in the final minute of trading?
Disclaimer: Edited with AI, 100% real story.
See you Monday.
Either posting gain porn… or applying for the dumpster behind Wendy’s.
🫡📉📈