i closed it out at $60 like i said, Made $6,500 which i know is peanuts for a lot of you but not bad for me. what's more is I implemented some trading principles that I was unable to do in past so maturing/improving feels better than the money. Initially was holding puts because...well there is no reason for GME to be worth this much...but once i saw that i was on the wrong side of the trade i instantly swapped to calls and made back all i had lost on puts and then some. Also setting a price target stop and sticking to it instead of dreaming about $100 EOD while all my profits disappear and eventually turn red is another mistake i would have done in the past. GME could shoot up to $80 at this point and I would still be satisfied with my actions.
You did Great! Easiest way to lose those gains is regretting "What could have happened". Yesterday I bought the CAT $250s from $.80-$1.50, sold for a great gain and than those contracts hit $4.50. Today their $0, don't look back! Edit: CMI $250 Calls.
I hope I'm where you're at in a year. I just watched it and knew I didn't understand what was going on enough to dip a toe.
Truly an enviable stock trading skill-set on his part. This cat too: https://www.clarionledger.com/story...-1-m-ticket-purchased-mississippi/4227439001/