Question 1

What does Ape mean in trading?

Accepted Answer

A retail investor who buys and holds a stock regardless of fundamentals, often out of spite toward short sellers.

Question 2

What does ATH mean in trading?

Accepted Answer

All-Time High. When a stock or portfolio reaches its highest price ever.

Question 3

What does ATM mean in trading?

Accepted Answer

At The Money. An option with a strike price equal to the current stock price.

Question 4

What does Bagholder mean in trading?

Accepted Answer

Someone left holding shares of a stock that has plummeted in value. They bought the top and are now 'holding the bag.'

Question 5

What does Bear mean in trading?

Accepted Answer

Someone who believes a stock or the market will go down. Bears buy puts or short stocks.

Question 6

What does BTFD mean in trading?

Accepted Answer

Buy The F***ing Dip. A rallying cry to buy when prices drop, assuming they'll recover.

Question 7

What does Bull mean in trading?

Accepted Answer

Someone who believes a stock or the market will go up. Bulls buy calls or shares.

Question 8

What does Calls mean in trading?

Accepted Answer

Call options. Give you the right to BUY a stock at a specific price. You buy calls when you think a stock will go UP.

Question 9

What does Crayon Eater mean in trading?

Accepted Answer

Someone who does technical analysis (drawing lines on charts). Self-deprecating term implying TA is as sophisticated as eating crayons.

Question 10

What does DD mean in trading?

Accepted Answer

Due Diligence. An in-depth analysis or research post about a stock. The holy grail of WSB content.

Question 11

What does Degen mean in trading?

Accepted Answer

Degenerate. A trader who makes reckless, high-risk bets. Worn as a badge of honor on WSB.

Question 12

What does Diamond Hands mean in trading?

Accepted Answer

Holding a position through extreme volatility without selling. The ultimate compliment on WSB.

Question 13

What does FD mean in trading?

Accepted Answer

A deeply out-of-the-money option expiring very soon (usually same week). Originally stood for something NSFW. The riskiest play possible.

Question 14

What does FOMO mean in trading?

Accepted Answer

Fear Of Missing Out. The anxiety that drives you to buy a stock after it's already pumped 200%.

Question 15

What does FUD mean in trading?

Accepted Answer

Fear, Uncertainty, and Doubt. Negative sentiment or information spread about a stock, often accused of being deliberate manipulation.

Question 16

What does Gain Porn mean in trading?

Accepted Answer

Screenshots of massive unrealized or realized profits. The content that makes WSB jealous.

Question 17

What does Gamma Ramp mean in trading?

Accepted Answer

When market makers who sold call options have to buy the underlying stock to hedge, creating a self-reinforcing upward price spiral.

Question 18

What does GUH mean in trading?

Accepted Answer

The sound of watching your entire portfolio evaporate. Origin: a WSB member who live-streamed his account going to zero.

Question 19

What does HODL mean in trading?

Accepted Answer

Hold On for Dear Life. Originally a typo in a Bitcoin forum post that became a meme. Means holding no matter what.

Question 20

What does Hopium mean in trading?

Accepted Answer

The drug of irrational optimism. When you hold a losing position based on hope rather than any logical thesis.

Question 21

What does IV Crush mean in trading?

Accepted Answer

Implied Volatility Crush. When IV drops sharply after an event (like earnings), destroying the value of options even if you got the direction right.

Question 22

What does LMAO Gottem mean in trading?

Accepted Answer

The feeling when your ridiculous YOLO trade actually works out and you can laugh at everyone who doubted you.

Question 23

What does Loss Porn mean in trading?

Accepted Answer

Screenshots of massive losses. WSB's favorite content. The worse the loss, the more upvotes.

Question 24

What does Moon mean in trading?

Accepted Answer

When a stock price skyrockets. 'To the moon' is the ultimate bull thesis.

Question 25

What does OTM mean in trading?

Accepted Answer

Out of The Money. An option that has no intrinsic value. Calls with strikes above current price, puts with strikes below.

Question 26

What does Paper Hands mean in trading?

Accepted Answer

Selling a position at the first sign of a dip. The opposite of diamond hands. The worst insult on WSB.

Question 27

What does Puts mean in trading?

Accepted Answer

Put options. Give you the right to SELL a stock at a specific price. You buy puts when you think a stock will go DOWN.

Question 28

What does Regard mean in trading?

Accepted Answer

The WSB-safe version of a word that rhymes with it. A term of endearment among degens.

Question 29

What does Smooth Brain mean in trading?

Accepted Answer

Someone who makes decisions without thinking. A compliment in WSB culture. The fewer wrinkles, the more degen.

Question 30

What does Stonks mean in trading?

Accepted Answer

The intentionally misspelled version of 'stocks.' Used ironically when making terrible financial decisions.

Question 31

What does Tendies mean in trading?

Accepted Answer

Profits. Chicken tenders. The reward for a successful trade. Originally from Good Boy Points meme culture.

Question 32

What does The Wheel mean in trading?

Accepted Answer

An options strategy: sell cash-secured puts, get assigned, then sell covered calls. Repeat. Theta gang's bread and butter.

Question 33

What does Theta Gang mean in trading?

Accepted Answer

Options sellers who profit from time decay (theta). They sell options to degens and collect premium while time erodes option value.

Question 34

What does To the Moon mean in trading?

Accepted Answer

A stock is about to or should go to extremely high prices. The universal WSB bullish thesis.

Question 35

What does Wendy's mean in trading?

Accepted Answer

Where you'll be working after your YOLO fails. The default fallback career for broke traders.

Question 36

What does Wife's Boyfriend mean in trading?

Accepted Answer

A running joke that WSB members are such losers that their wives have boyfriends. Used self-deprecatingly.

Question 37

What does Wrinkle Brain mean in trading?

Accepted Answer

Someone who is actually smart and does real research. The opposite of smooth brain. Used with genuine respect.

Question 38

What does YOLO mean in trading?

Accepted Answer

You Only Live Once. Going all-in on a single trade with your entire account. The purest expression of degen trading.

Question 39

What does 0DTE mean in trading?

Accepted Answer

Zero Days To Expiration. Options that expire TODAY. Maximum risk, maximum reward, maximum degen.

Question 40

What does Bag mean in trading?

Accepted Answer

A losing position you're still holding. 'Holding bags' means you're stuck with worthless shares.

Question 41

What does Chad mean in trading?

Accepted Answer

A trader who makes bold, confident moves that work out. The ideal degen.

Question 42

What does Copium mean in trading?

Accepted Answer

The copium you inhale to convince yourself your losing trade will turn around. The opposite of hopium - you know you're coping.

Question 43

What does DFV mean in trading?

Accepted Answer

DeepF***ingValue. The legendary WSB member (Keith Gill) who turned $53K into $46M on GameStop. A living legend.

Question 44

What does Earnings Roulette mean in trading?

Accepted Answer

Buying options before an earnings report hoping for a big move. Pure gambling with extra steps.

Question 45

What does Exit Liquidity mean in trading?

Accepted Answer

The person who buys your bags at the top. If you don't know who the exit liquidity is, it's you.

Question 46

What does Green Dildo mean in trading?

Accepted Answer

A large green candlestick on a stock chart, indicating a sharp price increase.

Question 47

What does Infinite Money Glitch mean in trading?

Accepted Answer

A trade setup that theoretically can't lose. Spoiler: it can and will lose.

Question 48

What does ITM mean in trading?

Accepted Answer

In The Money. An option that has intrinsic value. Calls below current price, puts above.

Question 49

What does Lambo mean in trading?

Accepted Answer

Lamborghini. The dream purchase after a YOLO pays off. The ultimate degen milestone.

Question 50

What does Let It Ride mean in trading?

Accepted Answer

Not taking profits and letting a winning trade continue running. Usually ends in tears.

Question 51

What does NGMI mean in trading?

Accepted Answer

Not Gonna Make It. Used to describe someone making terrible financial decisions (which is everyone on WSB).

Question 52

What does Power Hour mean in trading?

Accepted Answer

The last hour of trading (3-4 PM ET). When volume surges and degens make their most impulsive decisions.

Question 53

What does Printer Go Brrr mean in trading?

Accepted Answer

The Federal Reserve printing money (quantitative easing), which inflates asset prices. The ultimate bull thesis.

Question 54

What does Red Dildo mean in trading?

Accepted Answer

A large red candlestick on a chart, indicating a sharp price drop.

Question 55

What does Short Ladder Attack mean in trading?

Accepted Answer

An alleged manipulation tactic by short sellers. Whether it's real or conspiracy theory depends on who you ask.

Question 56

What does Short Squeeze mean in trading?

Accepted Answer

When a heavily shorted stock rises, forcing short sellers to buy shares to cover, driving the price even higher. The holy grail of WSB.

Question 57

What does Tits Up mean in trading?

Accepted Answer

When a trade goes catastrophically wrong. Usually preceded by 'literally cannot go.'

Question 58

What does WAGMI mean in trading?

Accepted Answer

We're All Gonna Make It. The opposite of NGMI. Used to express collective optimism.

Glossary of Degens

What does OTM mean in trading?

Related Content