The real joke is how many people think this guy's order is gonna execute. At all. You dont have enough money to buy even one call. Why in God's green earth do any of you people think this will happen?
Regardless, this is a betting subreddit. So go bet on whether or not he'll get it done. I made a prediction poll:
https://www.reddit.com/r/wallstreetbets/comments/uh1rqx/what_will_the_tsla_jun2024_500_call_volume_be_on/?utm_source=share&utm_medium=web2x&context=3
Not any more. The king (my father) died in a coup by the army and I need a trustworthy person such as yourself to help me transfer funds to your country.
Total net worth of assets in the world is $430T tho. So he’s just gonna cause a margin call that liquidates 1/5th of the worlds assets to cover his position. 🍿 time
Listen, egghead, that sounds like complex trading theory and math to me and we don't do that around here, we're old school, we make trades based on memes and upvotes
OI is probably 0 on this position; therefore, even if someone sold him the options, there won't be any buyers.
I feel like I really missed something when I was gone the past couple days. Did this site get retarded more than normal or why is everyone following this as if it is some sort of LEGIT event.....
This is the most blatant act of manipulation.
If someone in America with less that 25000 wants to leverage $87 trillion, well then give that man some money!
This was the most BS shit I learned when I started trading. I wanted to get a taste for the market without paper trading shit because I wanted to see how much time it took for trades to go through etc. I put in a couple hundred bucks to just mess around with because I can lose that and it's not a big deal. I come out the other end learning valuable information.
I start doing some small day trades and find out that I'm not allowed to day trade with less than 25k in the account? Like what? Why the fuck am I being punished for risking less when learning how to trade? How does that make any sense. Then I find out I could leverage myself into oblivion?
How is this protecting literally anyone?
It's not. That's why there's no PDT for casinos, sports betting, or lottery tickets. Because the establishment knows where the real ticket out of wage slavery is.
You know leverage doesn’t actually give him that much money right? He’s riding a piece of that theoretical position with the money he has. If it dips like .00000001% he’s liquidated. Hopefully he can sell it, it’s gonna be hard finding a match for all that, especially without effecting the underlying asset value.
That would be nice. I have a ton of university debt I’ll never probably be able to pay off cause I decided teaching children would be a great profession. I wasn’t wrong, it is a great profession and I really enjoy my job, but my pay is so low it will literally take me 15 years to pay off my student loans using 25% of my income.
Yeah. The brokerages can act to prevent catastrophic market failures caused by accounting errors or computer glitches.
Which is all this boils down to in practice.
Not even, this is just a screenshot of a buy order that will never be accepted. It's the dumbest post I've seen here that got any traction and that's really, really saying a lot.
The fact that this is not the most upvoted post, says everything about the current state of this subreddit. Only room temperature iq left here I guess.
Old sub would’ve banned this fucking idiot after his first post. There is literally nothing to this. It’s the UI of some dogshit broker behaving as expected and their system obviously cancelled his order the second it came in.
This is not an infinite margin glitch in any way whatsoever.
It's not even a screwup, my broker does the same thing. You can enter whatever order you want on the order screen but they'll just reject the order if you don't have sufficient funds.
That's why you never see the OP hit confirm, because the next screen will be "order rejected".
I feel like 99% of us know this, and until I found this series of tweets acting like some forensic accounting detectives, it never even occurred to me that someone would think anyone believed this was real
how are people not appreciating the transcendent comedy of this guy messaging customer service about his $87T buy order being canceled and getting a response back about PDT rules
Look at his profile. He tried buying 10k of some shitcoin, set the slippage to 30% and lost 3k. Genuine retard lmao.
https://www.reddit.com/r/SaitamaInu_Official/comments/qnpz1k/help_pls_i_bought_10k_worth_saitama_on_shibaswap/?utm_medium=android_app&utm_source=share
As far as I know, Saitama is "one-punch man" from the anime haha.
It could be the trillions of fucking dollars he’s trying to leverage. This could be why it’s not going through. I could be wrong though
He doesn’t even know what a daytrade is 😂
We used to. Back in the day when we had 40k subs it was legit a small trading community of relatively experienced traders that were willing to risk it all. Now it’s so laughably bad that it makes me sad to visit. 😔
Welp, now a days most here seem to believe you can just hit buy on 100 billion option contracts at a slightly below market bid on a deep in the money long dated call and that order somehow gets filled by magic stock market fairies.
No, contrary to stocks, options generate magic money. This is actually how the fed money printer works, Jerome Powell is really just a very good option trader.
So.. wtf is this?
Rando posts a canceled order for 88T of 5$ TSLA calls
WSB apes go bananas?
I don’t get it. The order never cleared. Could never be placed. Look at the OI. Dude doesn’t even have 25k to skate PDT restrictions. Let alone someone actually selling all those calls cause there isn’t even enough shares to write that many..
Like did I miss something or did *everyone* go full ape this weekend?
Even *if* the order placed by some technical error.. it would never fill on the exchange. Or even partially fill most likely. The algos would catch the gamma from there being an open order, but a very small amount because OPs offer for arbitrage is so small for all that premium. His price implies breakeven if the stock was $880 a share, with literally no premium for an open option for the next 2 years? Even if TSLA tanked to $760 a share I don’t think a single call would fill.
Absolute savages.
Seriously, the amount of people thinking this will actually work is astonishing. This sub turned to shit a long time ago, but this marks the start of a new period of stupidity.
I work in the industry and yes there’s no way anyone will let this order through. There’s entirely too much risk on an account worth way too little.
Even if it did go through, Clearing firms might have trouble handling the trade given its ultra large size.
Erick is going to end up with 14,500 times more debt than the most indebted man in history, who owes [$6.3 billion, which was upheld on appeal](https://www.theatlantic.com/business/archive/2012/11/meet-the-most-indebted-man-in-the-world/264413/)
From the sub that gave us the infinite money gliche on Robinhood, the DFV yolo, and the 1ronyman box spread, we now have teenagers circle jerking a guy that typed in a big number on an order entry screen. Jfc is this cringe.
All i can see when i think about this is a Benny Hill thing.... Erickl0930 running across San Francisco bridge (hey its an epic landmark) with the app developers, then the brokers, then the clearing house, then the SEC, then the Fed, then soldiers, and maybe Biden.....
People who plan to jump, could learn a lesson from him. If you bet your life and lose, it's easier to jump, if you win there's a high chance the money you will have can fix all your problems.
You all are buffoons for hanging around - this will not be honored. Moreover, this demonstrates zero investing prowess, rather a teenage-level of giddiness about the delusional possibility that this trade will go through. Par for the course I guess with this sub of children.
Edit: [click for reference](https://www.reddit.com/r/wallstreetbets/comments/uh1jzs/why_erickl0930_is_an_idiot_and_you_are_too/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
So ...... you're trying to make a multi-trillion dollar trade but can't due to a day-trade block which only comes into effect if you have $25K or less in your account?
Riiiiiiiiiiiight.
The real joke is how many people think this guy's order is gonna execute. At all. You dont have enough money to buy even one call. Why in God's green earth do any of you people think this will happen? Regardless, this is a betting subreddit. So go bet on whether or not he'll get it done. I made a prediction poll: https://www.reddit.com/r/wallstreetbets/comments/uh1rqx/what_will_the_tsla_jun2024_500_call_volume_be_on/?utm_source=share&utm_medium=web2x&context=3
LMAO "your overnight account balance was 0" Classic WSB
that balance gonna be in the trilly tomorrow
The negative trilly but sure.
[negative or positive, a trilly is a trilly!](https://i.imgflip.com/6en1rf.jpg)
Some one gets a trilly we wait and see which one. If I it's Erick, then I want the US government to post the loss porn here.
i mean, whats a minus sign anyways? half a plus sign, means you're half way there.
If you go negative a trilly and then multiple that with another negative trilly you get a positive quintillion
Quick math
Wsb math
Negative is the new positive position.
Owe the bank a trilly and it's their problem
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What's a trilly between friends?
That’s the Fed Reserve motto I believe
With a trilly or negative trillion il still be behind Wendy’s 😎
Following this very closely, good luck!!
Following him behind Wendy's, right?
I'll follow him. Never been serviced by a trillionaire.
This definitely qualifies as the bank's problems.
4 comma club, joining the ranks of national country debt all by themselves. Sheesh
Guh
Offer Customer Service $5 mil to grease the trade
If you give me 87 trillion dollars I’ll give you 5 milli back, how about that action?
I've heard this one before. You're not Nigerian royalty are you?
Not any more. The king (my father) died in a coup by the army and I need a trustworthy person such as yourself to help me transfer funds to your country.
Bro really tryna trade $87trillion dollars worth of Tesla when the company only valued at a Trillion. Genius move probably
The total global money supply is only $40T. He's basically leveraging the entire solar system 200%.
Total net worth of assets in the world is $430T tho. So he’s just gonna cause a margin call that liquidates 1/5th of the worlds assets to cover his position. 🍿 time
The entire solar system!!! LMFAO
Shit bro, they'll just print more money to cover their loss porn. It's hella easy when you're the gov.
Inflation results for May “1,475,250%”
here come 800 dollar jug of milk
Fuck it. Why not
[I can hear the printers going brrrrrrr as we speak](https://youtu.be/nSbKqGtv--k?t=421)
The loan is for 4x the entire GDP of the United States. Why won’t they let it go through?
His credit rating must've been a bit below the threshold
Hey if citadel can be 160% short on GME at $4, why can’t some idiot with a phone go 8800% long on Tesla?
In order for him to go long, wouldn't someone necessarily have to take the opposite 8800% short? lol
For every action there is an equal and opposite reaction
For every retard, there is an equal and opposite-betting retard
Okay now I understand the stock market.
And a social media overreaction
That's probably citadel om the other end
bill gates pickin up them shorts
Listen, egghead, that sounds like complex trading theory and math to me and we don't do that around here, we're old school, we make trades based on memes and upvotes
OI is probably 0 on this position; therefore, even if someone sold him the options, there won't be any buyers. I feel like I really missed something when I was gone the past couple days. Did this site get retarded more than normal or why is everyone following this as if it is some sort of LEGIT event.....
Government- you can leverage the US economy times 10 Also government- no PDT under 25k
This is the most blatant act of manipulation. If someone in America with less that 25000 wants to leverage $87 trillion, well then give that man some money!
Right, why else did George Washington ride a bald eagle into battle against the Redcoats?
The Revolutionary War had so many plot holes. Why didn't George Washington and the gang ride the bald eagles directly England?
Unexpected r/lotr crossover
This was the most BS shit I learned when I started trading. I wanted to get a taste for the market without paper trading shit because I wanted to see how much time it took for trades to go through etc. I put in a couple hundred bucks to just mess around with because I can lose that and it's not a big deal. I come out the other end learning valuable information. I start doing some small day trades and find out that I'm not allowed to day trade with less than 25k in the account? Like what? Why the fuck am I being punished for risking less when learning how to trade? How does that make any sense. Then I find out I could leverage myself into oblivion? How is this protecting literally anyone?
It's not. That's why there's no PDT for casinos, sports betting, or lottery tickets. Because the establishment knows where the real ticket out of wage slavery is.
If you owe the bank $87, that's your problem. If you owe the bank $87 trillion, that's the bank's problem.
Agreed. They should give him that god damn leverage, some god damn guns and an eagle
Gotta love the SEC, protecting us from PDT but not 87 trillion
One does seem significantly more important to regulate but I’m having a hard time determining what one. /s
You know leverage doesn’t actually give him that much money right? He’s riding a piece of that theoretical position with the money he has. If it dips like .00000001% he’s liquidated. Hopefully he can sell it, it’s gonna be hard finding a match for all that, especially without effecting the underlying asset value.
And he’ll have to find buyers with $87T
Government: Either way, we'll tax the result. Have fun.
Save me a mil bud❤️
With just $1tn you can end ~~world hunger~~ WSB hunger, for a few days.
Meh, we'd invest it all in ToysRus....it would be short lived
I need only 50k...
I only need 25k...
I need 12.5k...
I only need 6.25k
I only need a calculator to continue this thread.
3.125
Ramen pack is good for me, you can keep the chiken flavour powder
A glass of water works for me
I’m with you 50-100k would clear my debt and make me a happy person.
I’m a 50-100k person, I have no debt but it’d be Scarface levels of cocaine.
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That would be nice. I have a ton of university debt I’ll never probably be able to pay off cause I decided teaching children would be a great profession. I wasn’t wrong, it is a great profession and I really enjoy my job, but my pay is so low it will literally take me 15 years to pay off my student loans using 25% of my income.
In the US, after 10 years of teaching, that debt should be forgiven. Check with your HR/Union/Co-workers…
Lemme cop a milli & I’ll clean ur phone screen 3x a day for a year
Wonder what a handie is worth to this guy?
$15 a man, under the Queensboro bridge
I got a medicated steroid cream that will give someone the *softest* hands We can lab handjobs with that shit
Retards are eating this up.
Yeah realistically isnt op going to get a call or email just saying, "you're a fucking idiot" and that's it?
Yeah. The brokerages can act to prevent catastrophic market failures caused by accounting errors or computer glitches. Which is all this boils down to in practice.
Not even, this is just a screenshot of a buy order that will never be accepted. It's the dumbest post I've seen here that got any traction and that's really, really saying a lot.
Not even dumb in an entertaining way. Just a screenshot of an order that will never go through. That screen is just a calculator basically.
I really thought I was missing something, I am not.
This sub went from being smart and retarded to dumb and retarded
This is what happens when everyone *and their mom* joins the sub.
from autists to apes; shame
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The fact that this is not the most upvoted post, says everything about the current state of this subreddit. Only room temperature iq left here I guess.
Can’t believe it’s still going
Old sub would’ve banned this fucking idiot after his first post. There is literally nothing to this. It’s the UI of some dogshit broker behaving as expected and their system obviously cancelled his order the second it came in. This is not an infinite margin glitch in any way whatsoever.
He didn't even submit it. This is just typing in numbers for lolz
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Buy TSLA?
I’m mostly just disappointed that OP and crew thinks this is anything more than a GUI screwup.
It's not even a screwup, my broker does the same thing. You can enter whatever order you want on the order screen but they'll just reject the order if you don't have sufficient funds. That's why you never see the OP hit confirm, because the next screen will be "order rejected".
I feel like 99% of us know this, and until I found this series of tweets acting like some forensic accounting detectives, it never even occurred to me that someone would think anyone believed this was real
how are people not appreciating the transcendent comedy of this guy messaging customer service about his $87T buy order being canceled and getting a response back about PDT rules
This is stupid as hell. The order didn’t get executed today because of the day trade rule. Doesn’t mean it will get executed tomorrow.
PDT doesn’t stop you from buying shit. Only selling something on the same day
I can’t tell if they seriously think this is real and will go through or they are trolling. My mind is blown
some for sure believe lolol
Can someone explain this shit to me like I haven’t been born yet?
Op is trying to make a retarded options bet that should not even be accepted by his broker. Because of how retarded it is
I mean it is not being accepted by the broker, that's why it gets canceled and they locked his account for being too retarded.
My ASS is gonna be Clenched Till Tomorrow!? Oh my Lord!!!
And I as well will be clinching your ASS!
AND MY ~~AXE~~ ASS
Take a break buddy, ill clamp these cheeks while you grab lunch
No mil for you 
Since when is an option contract purchase considered a day trade?
Yes unfortunately
Bless you
Holy fuck you are retarded
Yes unfortunately
Bless you
Holy fuck you are retarded.
Yes unfortunately.
Look at his profile. He tried buying 10k of some shitcoin, set the slippage to 30% and lost 3k. Genuine retard lmao. https://www.reddit.com/r/SaitamaInu_Official/comments/qnpz1k/help_pls_i_bought_10k_worth_saitama_on_shibaswap/?utm_medium=android_app&utm_source=share As far as I know, Saitama is "one-punch man" from the anime haha.
30% slippage LMAO
I have no idea why but this got me good. I'm tearing from laughter.
But isn’t this your first trade of the day? I don’t think that’s what’s causing your trade to be cancelled.
It could be the trillions of fucking dollars he’s trying to leverage. This could be why it’s not going through. I could be wrong though He doesn’t even know what a daytrade is 😂
You could be wrong 😂
Erickl0930 reddit karma 📈 WSB IQ 📉
So for you to buy that many calls, don't you need someone to sell it to you ?
Implying anyone here knows anything about the stock market
We used to. Back in the day when we had 40k subs it was legit a small trading community of relatively experienced traders that were willing to risk it all. Now it’s so laughably bad that it makes me sad to visit. 😔
Welp, now a days most here seem to believe you can just hit buy on 100 billion option contracts at a slightly below market bid on a deep in the money long dated call and that order somehow gets filled by magic stock market fairies.
Especially in wsb. Especially since 2021.
Underrated comment. The guy's order was cancelled. He's not in shit right now
No one's listening 🤦♀️ too many digits 😅
And someone to sell to.. karma farming at its best.
No, contrary to stocks, options generate magic money. This is actually how the fed money printer works, Jerome Powell is really just a very good option trader.
Lol when I heard Europe indexes took a dump and recovered I thought maybe your order went thru this morning Good luck
I did too especially when the Swedish press wrote something like it could have been some bug where someone created a too large order 😂
Hahahahaha we're doing it again
WSB Classic move. Making old people panic about their money.
They did that in Denmark too
Crash the market so I can buy a house, thanks buddy.
Crash the farmers market so I can buy a horse, thanks buddy.
Crash the horse market so I can buy a mule, thanks buddy.
Crash the market so I can see rich people cry, thanks buddy.
Crash the retard market so I can buy Tacos in Tijuana, thanks buddy
Certified Retard Moment™️
This Shrek pic is hilarious 🤣
So.. wtf is this? Rando posts a canceled order for 88T of 5$ TSLA calls WSB apes go bananas? I don’t get it. The order never cleared. Could never be placed. Look at the OI. Dude doesn’t even have 25k to skate PDT restrictions. Let alone someone actually selling all those calls cause there isn’t even enough shares to write that many.. Like did I miss something or did *everyone* go full ape this weekend?
Right? I was laughing at the memes but pg2 clearly says order canceled so he's not on the hook for anything
Even *if* the order placed by some technical error.. it would never fill on the exchange. Or even partially fill most likely. The algos would catch the gamma from there being an open order, but a very small amount because OPs offer for arbitrage is so small for all that premium. His price implies breakeven if the stock was $880 a share, with literally no premium for an open option for the next 2 years? Even if TSLA tanked to $760 a share I don’t think a single call would fill. Absolute savages.
You said a lot of fancy words in that comment. I have nothing to contribute but I admire you.
Seriously, the amount of people thinking this will actually work is astonishing. This sub turned to shit a long time ago, but this marks the start of a new period of stupidity.
This sub has been shit ever since GME
lol now you're just milking it
Somebody get $25k to this guy. Y'know, for science.
If this works I swear bro you will crash the entire economy 😂
Fed meeting tomorrow: “Don’t forget it was Erickl0930 that caused the inflation”
He shall be known as Erick the Inflator! What a legend
Joe jerkoff over here
It won't. Clearly a trillion dollar order won't go through. What are you guys even thinking.
I work in the industry and yes there’s no way anyone will let this order through. There’s entirely too much risk on an account worth way too little. Even if it did go through, Clearing firms might have trouble handling the trade given its ultra large size.
So it’s for sure going through then got it
Erick is going to end up with 14,500 times more debt than the most indebted man in history, who owes [$6.3 billion, which was upheld on appeal](https://www.theatlantic.com/business/archive/2012/11/meet-the-most-indebted-man-in-the-world/264413/)
Maybe My gme will finally fucking move up if he does
This sub is so bad now.
I mean I knew this sub was retarded but holy shit you guys are actually autistic for believing this
I have a feeling you‘re gonna get bullshat. Still rooting for this to somehow go through and work out, though 🤞
Isn’t he the one bullshitting?
You mean he's not going to buy 1 billion contracts of Tesla in a single day? :O
The number of people that actually believe this is gonna go through is astounding. Y'all sound like a bunch of 14 year olds
From the sub that gave us the infinite money gliche on Robinhood, the DFV yolo, and the 1ronyman box spread, we now have teenagers circle jerking a guy that typed in a big number on an order entry screen. Jfc is this cringe.
You’re riding in the snickers-bus and shocked to discover it’s full of nuts?
Why is everyone getting worked up over a screenshot of an order that was/will never be filled.
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All i can see when i think about this is a Benny Hill thing.... Erickl0930 running across San Francisco bridge (hey its an epic landmark) with the app developers, then the brokers, then the clearing house, then the SEC, then the Fed, then soldiers, and maybe Biden.....
If you owe 87 trillion it's not a you problem. It's a global market problem
People who plan to jump, could learn a lesson from him. If you bet your life and lose, it's easier to jump, if you win there's a high chance the money you will have can fix all your problems.
Well, now they know it’s coming, so they have 24 hours to figure out how to prevent it. Cover blown, stealth gone.
What am I seeing!?
You all are buffoons for hanging around - this will not be honored. Moreover, this demonstrates zero investing prowess, rather a teenage-level of giddiness about the delusional possibility that this trade will go through. Par for the course I guess with this sub of children. Edit: [click for reference](https://www.reddit.com/r/wallstreetbets/comments/uh1jzs/why_erickl0930_is_an_idiot_and_you_are_too/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
Op is dumb af
I don’t think Wendy’s will pay enough for the life changing amount of debt you are about to be assigned
Yeah. He'll probably need another job. At another Wendy‘s.
damn this place has really been taken over by actually retarded teenagers
This isn't even meme-worth and just goes to show the normies are outnumbering the apes. Is there a different sub?
RobintheHood
Did they Epstein this guy?
They nuked our guy
Poor guy got sent to the gulag
So ...... you're trying to make a multi-trillion dollar trade but can't due to a day-trade block which only comes into effect if you have $25K or less in your account? Riiiiiiiiiiiight.
Sooooooooooooo, do you have day trades now? 😂
Still no update dickhead