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$10,000,000 RDDT YOLO Post-Mortem: I Was Wrong :(

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For some reason, the Reddit automated filters removed my other attempt at this post... I guess that's the icing on the cake to the loss.... Hoping this post actually sticks...

Well, fuck.

Yesterday, I posted my $10 million RDDT YOLO ahead of earnings. I said you degenerates would either get to watch me make a fortune or enjoy some premium loss porn.

Congratulations. You got the loss porn. And holy shit, did I deliver. Roughly $5 million gone in one earnings report. If there's *any* positive, it's that a lot of the holdings are shares vs being fully options. But again, that's a *super minor* positive. As for the total gain loss column not being shown on the main RDDT shares and some of the $200 short puts, it's because Fidelity has this fucking annoying thing where if the position changes that day before market opens, then the total G&L doesn't update until the next day.…

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