Additional Posts in Option Traders & Investing
The ones in the path of Dorian, please be careful.
Additional Posts (overall)
12/31 Thread (General):
10/26 Thread (General):
Who all is buying blackberry tmrw
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Subject Expert
At least wait for a drop and recoup some losses. No need to sell at a peak when a potential valley could be near
LOL thanks for keeping me in mind. It did not help. Still -75%
Still holding my $230 puts
Coach
I know, this mkt sucks but a number of us are in the same position. Fingers crossed April treats us better...
Update I have the brain of a 4 year old and am holding until Friday diamond hands yada yada yada
I think market will drop
Coach
What does your 🔮 say? Because I’ve been here that everywhere and lost $10K in over 6 trading days 😂
I want to rip my hair out, I’m down like 2k on my puts and there’s no end in sight. Well they’ve lost so much value I guess I have no choice but to hold until they expire
Coach
Ditto
Looking at VIX, I feel it’s better to cut losses and not play it out.
Mentor
i really just want to break even on my 220 and 230 🤗
I paid $6 for mine, guh
Same, I’m holding 4/17 $190s. What’s your average cost rn? Scared about theta tomorrow
Coach
Further out references term structure not strike selection..
LOL my average cost is $6 I’m toast
Hold? 😭
This is getting bad. Even if there is a fall, I feel it will be back to yesterday’s or last Friday’s levels at the most
I sold my puts for an 11k loss 😒 IV is down and no way it’s going to 220 by 4/17
Coach
D2 same. Sold my puts yesterday around 162. Now I regret it 😭😭😭
I keep seeing posts like “market will drop so I’m holding on to my puts”
All who trade options must remember, you must not only be right in direction, you must be right in the timing and the magnitude of the move in order to be profitable. If you haven’t already, at least go over the pinned post on option greeks for a very basic overview on why you may be losing money even if the market moves in your predicted direction.