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2/4 Thread (General):
Anyone holding on to hotel puts?
Any good options?
How bout that Robinhood update
Sound the alarm 📣🚨 - time for calls on X baby
8/3 Thread (General):
Thoughts on SPY puts tomorrow?
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F. You’re telling me.
When I started, didn’t take 40% profits and ended up down over 75%. After that, learned that it’s important to set up rules & follow them. 😬
I’d rather lose out on some upside than watch it drill to 0.
Mentor
Rules are critical. And never look at winner against the "coulda", "if only I held..."
Subject Expert
Which options did you trade? Would help some of us provide feedback.
Assuming your premium is sky high (and likely need a dip well below $5). I’d think about taking the L. I had to take some huge ones recently, not fun. Then at least you still have some capital rather than a fat 0.
How did you learn???
Use one of the free simulators from the online brokerages or investopedia
Same. Could’ve been up 60% on puts but didn’t sell after and immediate 5% drop and it climbed back from the depths and now I’m -45%. Lesson learned
Heck yea!!! I bet first lesson for almost everyone. Been in the same place before. Hahahaha