ThePaperTrader.Finance

Author: whattheschnell

  • SoFi Bro 1 Billion – Update 2

    How did January 23rd options expiration affect our SoFi Bro 1 Billion Dollar paper trading account? 6 total losses and only $4,010 of intrinsic value was left, when the dust settled. Down $8,790 of the initial $12,800 spent on the 9 options contracts. A -68.7% return on investment. Including our 40 options positions and 1000…

  • SoFi Bro 1 Billion – Update 1

    A seventy one cent dip in equity price has our portfolio down $42,330. Lots of theta crush. Our biggest unrealized loss on one position is just over $2,000. The most efficient loser is down 97.78% of our initial capital investment. The biggest “winner” is still a loser. A display of zero leverage equity, “outperforming” option…

  • Portfolio – Buy – 2026 Not Debt

    Governments around the world are deficit spending like never before. As they do, inevitably the buying power of their countries fiat currency dwindles and people don’t understand why the same amount of “money”, no longer buys them the same amount of stuff. In this portfolio, we aim to buy scarce assets in anticipation of continued…

  • SoFi Bro 1 Billion – Buy – Call Options

    Our “SoFi Bro $1 Billion dollar” paper trading account just invested a quarter million dollars in options. We bought forty nine calls, spanning the next two years. Follow along, as we harvest data for education and entertainment.

  • SoFi Bro 1 Billion – Buy – 1000 shares

    We are kicking off the New Year with an equities trade, in our SoFi Bro $1 Billion Dollar paper trading account. Follow the journey as we place FOMO trades and laugh in the face of limited liquidity.

  • IREN – Buy – 100 shares

    If I’ve heard of Iris Energy, you’ve heard of Iris Energy. IREN, the renewable power, Bitcoin miner/Data center, has been on an upward price tear the last year. Enough so, that social and legacy media are touting its run and adding it to their portfolios. However, in the last month, big grizzlies have been eating…

  • SMCI – Earnings Gamble – Update

    12.5.25 Expired ITM From bad to worse. Another example of why this Bear exclusively trades paper. The first leg of our Super Micro earnings play, yielded additional losses. With SMCI price closing at $34.65 the 8 Cash Secured Puts that we sold expired in the money. What stings more than buying 800 shares of a…

  • GCZ25 – Sell – Update

    11.26.25 Expired ITM Uncle Fozzie is going to be mad…but we might need to pawn the Studebaker. At close on October 31st, we opened one contract of GCZ25 with a strike price of $4,013.40. For the first nine days of the trade, we could have made money. Price danced at, or below our strike price,…

  • JACK – Sell – Update

    11.21.25 Expired OTM Sweet, sweet honey. Even on paper, a win feels good. We entered this trade as JACK was near all time lows, having just shed its underperforming stores and Del Taco portion of the business. With that dead weight shed and a better than expected earnings report, price rose to $16.81 before the…

  • SMCI – Earnings Gamble – Update

    11.7.25 Expired OTM and Expiration 12.5.25 Time for the Epi pen because we already torched $1,500.12 of the potential $1,855.66 profit. Our 11.7.25 Call option expired out of the money, aka worthless. Super Micro Computers Inc. is currently trading at $40.47 after hours(11.7.25). Although SMCI beat on earnings, the stock fell to $40.47 in the…