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JFYI for those who may not be aware: this is WallStreetBets, where people wager average to fairly atrocious money on call or put options in the name of "YOLO" (
by samspenc 5y ago
JFYI for those who may not be aware: this is WallStreetBets, where people wager average to fairly atrocious money on call or put options in the name of "YOLO" (You Only Live Once) and brag about their six-figure gains and losses -- yes, they celebrate 6-figure losses -- publicly.
Some of these posts are Photoshopped but the mods and community are usually quick to figure the fake ones out.
In this case, given that Netflix stock cratered by more than 20-30% after earnings, I have no doubt that (a) a WSB-er actually put up $5K in put options and (b) they won so big.