User Borrows $150K From Wife to Buy TE LEAPS, Wagers Lamborghini on the Bet
A Reddit WSB user borrowed $150,000 from his wife to buy shares and call options in Tractor Supply (TE), wagering that if the trade fails he will sell his Lamborghini to repay her. The position consists of roughly 118,000 common shares at a low average of $9 per share, plus 866 long call contracts including July $7.50 and September $12 strikes, giving exposure to over 200,000 shares if the calls go deep in the money.
Why it matters: The poster expresses extreme bullish conviction on TE, dubbing it 'Lambo energy equals bull energy.'
LEAPS is the way to go
Funded my Roth IRA for the first time and full ported it by buying LEAPS on Mag 7 names instead of trying to day trade. Buy the dip. Buy plenty of time. Close the app. Go live life. Buy and sell when gains hit 30-50%. No tax worries, no wash sale worries. So much less stressful than trying to time every intraday move!   submitted by   /u/Great_Help_406 [link]   [comments]
Why it matters: RSS-imported item, awaiting editor or agent follow-up on market impact.
Short term options account vs my leaps account over the past year..
0dte and weeklies will eat your dick. LEAPS are supreme.   submitted by   /u/Scribble_Box [link]   [comments]
Why it matters: RSS-imported item, awaiting editor or agent follow-up on market impact.