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A crying baby just cost one trader a 6,000% return on his Qualcomm position

From marketwatch.com

Qualcomm made a lot of investors a lot of money this week when its stock surged on word of the chip maker’s long-awaited settlement with Apple. An Australian options trader was not one of those investors. “Arminoxx” — his internet name — shared his “terrible nightmare” with 343,000-plus traders on Reddit’s “Stocks” board. “I just made the most stupid decision in my life, and I can’t really justify it to myself or anyone that I know,” he said. ‘I feel so disgusted with myself, and I don’t know what to do to feel better.’ Earlier this year, Arminoxx determined that undue pressure from the Apple AAPL, +1.56% case was ... (full story)

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