


People that talk about a stock going to the moon, or "mooning," is because the stock is low-valued and suddenly manages to double or even triple itself in a short time. This was mostly seen with Bitcoin back in the day, shooting up several thousands of dollars in a 24-hour period. When a stock suddenly shoots upward, the stock graph climbs at a near-vertical trajectory, in a sense, heading so high up that it goes to the moon. Saying that something is "going to the moon" is in reference to the stock graph. YOLO plays are most often seen with options, as they have until a certain day and time for their tendies to be realized. Those types of moves often see a thread about how someone literally gambled their life savings on Tesla moving up, with someone else also making a thread about how they gambled their life on Tesla going down. YOLO plays are often seen when something inexplicable happens in stocks, like Tesla suddenly shooting up by 50 percent in a day. While originally standing for "You Only Live Once," meaning why not take that fourth Jaegerbomb, it instead is used in a much more dire circumstance here: a risky financial play that could literally bankrupt you for the rest of your life. Where a stockbroker might say "actualized profits" and "chance of making it back," you'll find a YOLO WallStreetBets user saying, "Tendie Time."Ī phrase that was adopted out of party culture, YOLO has been used in WallStreetBets for quite some time. In the world of WallStreetBets, profits are "tendies" - as they are the thing you chase, the dragon at the end of the trail, and you always dip them in sauce. Tendies are to meme lords what steak and lobster are to rich fat cats and oil magnates. Tendies have been a staple of meme stories for quite some time. If Apple's earnings report is expected to be bad, causing a 4 percent sell-off in the last hour of the open market Friday, but you bought calls and refuse to sell, then you got some rock-hard diamond hands there friendo. If you buy a stock, it goes down 4 percent and you sell, then congratulations, you have paper-tier hands. There are two types of hands out there in the eyes of WSB users: Diamond and Paper. If you've ever seen someone say "DIAMOND HANDS" or the gem emoji next to hands emoji and been confused, you're not the first and won't be the last. What do these phrases mean? What does the party cheer you used to say before slamming five natty lights back in your fraternity days have to do with fiscal decisions? How can GameStop go to the moon when they don't have a space program? The answer to all these questions is actually more simplistic than expected. If you've done anything related to stocks in the past two weeks, you've undoubtedly come across some random person screaming about "DIAMOND HANDS GME TO THE MOON YOLO!" or some other form of /r/WallStreetBets lingo regarding the GameStop short squeeze.
