News summaryReddit / WSBJul 18, 2026, 08:37 AM
WSB User Blows Up Account: +130% YTD to -10% in Two Weeks After Greedy Put-Selling
A WSB user who was up 130% YTD turned it all around in two weeks by aggressively selling puts on margin, peaking on July 1st with 80 CRWV contracts at $90 strike. After a META article allegedly dropped the stock 20% in two days, they pivoted to a full position in RKLB at $84 and sold CC at cost basis, which worked for a week before the space sector and broader market collapsed, triggering a margin call.
Why it matters: The user chose to liquidate their account rather than let the broker force-sell, vowing to restart with less reckless trading.