Rug Pull Stories

the goal is not to end up on my page tbh

[Rug Pull Stories @rugpullstories]

🚨 ACCIDENTAL $23 MILLION $SPY NIGHTMARE

In 2018, a retail trader sold an options spread for 2 cents.

He woke up the next morning owning $23,000,000 worth of SPY.

Here's what happened:

Yesterday at 4:10pm EST I sold the 266.50/266.00 put spread for a 2 cent credit. 1,000 of them.

I guess at 4:14 or 4:15 before the option expired SPY must've dipped below 266.50 because I woke up the next morning before the market opened and saw my balance was up about $140k.

I thought it was a glitch with the Etrade app at first but then looked at my portfolio and saw what happened.

For some reason I was assigned only 863 of the 1000 put contracts I sold. That's 86,300 shares of SPY which is about $23,000,000 worth.

I only had $50,000 in my account so I started panicking and wondering if Etrade would liquidate my account or something, so I put in a limit order of 268 (SPY was trading around 268.12 at the time), hoping the sale would go through immediately.

After putting in the order a message popped up saying my order would be put through when the market opened, which I don't understand because I thought you could buy and sell stocks/ETFs during premarket hours.

So anyway I was stuck staring at my phone's screen until 9:30 when the market opened.

Immediately about half my shares sold for $268 each. The market seemed to be dropping so I lowered my limit for the rest to 267.60 and the rest of them sold for that price.

After all that my balance was about $112k higher than it was yesterday.

Does anyone know how much interest Etrade will charge me for holding 23 million dollars of SPY for these few hours?

He walked away with $112k in profit.

Then went on Reddit to ask about the interest charges.

[Rug Pull Stories @rugpullstories]

@cadebergman 👀

[Rug Pull Stories @rugpullstories]

Know the difference.

[Rug Pull Stories @rugpullstories]

@SamGrisanzio 👀

[Rug Pull Stories @rugpullstories]

Land your first client. Master funnels, email, and copy in one place. If you're serious about leveling up, LINK HERE: https://t.co/fmeFgqSsLT

[Rug Pull Stories @rugpullstories]

Hobbies that quietly destroy your bank account.

At first it’s “just trying it out.”

A few months later you’re financially invested and too deep to quit. ⬇️

[Rug Pull Stories @rugpullstories]

Most expensive hobbies don’t feel expensive at first.

It’s just “one more upgrade” over and over again.

[Rug Pull Stories @rugpullstories]

Land your first client. Master funnels, email, and copy in one place. If you're serious about leveling up, LINK HERE: https://t.co/fmeFgqSsLT

[Rug Pull Stories @rugpullstories]

Employee stays an hour late to finish an “urgent” task for the company.

Next morning, they show up 10 minutes late.

Boss: “You’re late.”

Employee: “I stayed late yesterday to finish the project.”

Boss: “I appreciate it, but rules are rules.”

[Rug Pull Stories @rugpullstories]

Later that week, the boss asks:

“Can you stay a little longer today?”

Employee replies:

“I would… but rules are rules.”

That’s how companies slowly kill people’s willingness to go above and beyond.

[Rug Pull Stories @rugpullstories]

I'll just leave this here.

[Rug Pull Stories @rugpullstories]

People chase expensive cars, watches, and luxury brands thinking that’s wealth.

Meanwhile, being healthy, pain free, and full of energy every day is one of the rarest things a person can have.

[Lisa @lisathebeauty1]

A lot of people don't realize how big of a blessing it is to not have any health problems.

[Rug Pull Stories @rugpullstories]

Land your first client. Master funnels, email, and copy in one place. If you're serious about leveling up, LINK HERE: https://t.co/fmeFgqSsLT

[Rug Pull Stories @rugpullstories]

The wealthiest people I’ve met all had one thing in common:

They talk less, but when they speak, it has value.

They don’t waste time talking down on others.
They rarely sit around watching TV or scrolling social media all day.
They stay focused on building, learning, and creating success quietly.

And the craziest part? ↓

[Rug Pull Stories @rugpullstories]

They don’t care about proving themselves to other people.

They take risks. They stay optimistic.

Instead of saying “I can’t do this,” they ask themselves, “How can I make this work?”

That mindset alone separates a lot of people.

[Rug Pull Stories @rugpullstories]

i can’t stop thinking about this post