FD
Definitions
FD In A Sentence
Origin & Usage
Originated on r/WallStreetBets as a crude initialism ('Faggot's Delight'); later softened to 'Full Degenerate,' referring to high-risk short-dated options.
People Also Ask
What does FD mean on WallStreetBets?
It refers to a very short-dated, out-of-the-money option treated as a pure gamble — essentially a lottery ticket that expires within days. It's often reinterpreted as 'Full Degenerate.'
Why are FDs considered so risky?
Because they expire almost immediately and are out of the money, they usually go to zero unless the stock makes a large, fast move in the right direction. That all-or-nothing profile is exactly why WSB treats them as a gamble.
Is FD an offensive term?
The original expansion of the initialism was a homophobic slur, which is why it's flagged as vulgar. Most modern users treat it as 'Full Degenerate' and are unaware of or ignore the crude origin, but the source is offensive.
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