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The definitive WSB trading dictionary with 58 terms every options trader needs to know. From Diamond Hands to YOLO, this glossary covers the language of r/wallstreetbets, r/options, and Reddit trading communities.
58 terms every trader needs to know
What does Tendies mean in trading?
Profits. Chicken tenders. The reward for a successful trade. Originally from Good Boy Points meme culture.
"If this trade works out I'm getting tendies for a month"
What does The Wheel mean in trading?
An options strategy: sell cash-secured puts, get assigned, then sell covered calls. Repeat. Theta gang's bread and butter.
"Running the wheel on AAPL, collecting $500/week in premium. Boring but profitable."
What does Theta Gang mean in trading?
Options sellers who profit from time decay (theta). They sell options to degens and collect premium while time erodes option value.
"Theta gang always wins. Let the degens buy FDs, I'll sell them."
What does Tits Up mean in trading?
When a trade goes catastrophically wrong. Usually preceded by 'literally cannot go.'
"He said it literally can't go tits up. It went tits up."
What does To the Moon mean in trading?
A stock is about to or should go to extremely high prices. The universal WSB bullish thesis.
"This is it boys, AMC to the moon, apes together strong"
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Definitions reflect how these terms are used on Reddit trading communities.
This is educational content, not financial advice. But you already knew that, you beautiful degen.
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