I told you guys...closing positions for a loss is for fools.

Discussion in 'Options' started by wxytrader, Mar 8, 2024.

  1. You must be blessed with a block too.
     
    #121     Mar 9, 2024
  2. taowave

    taowave

    You are good,except it doesnt appear the stock traded at 14 or below,so you couldnt have been ITM by 4 bucks..14.78 was the low..

    When did you sell these bad boys?

    I'm guessing on 2/27 with the stock trading as high as 23.45,right before it cratered 35%..





     
    #122     Mar 9, 2024
  3. Well close to $4, with the IV I was down around $1200. I even double dipped :)

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    Last edited: Mar 9, 2024
    #123     Mar 9, 2024
  4. Haywood

    Haywood

    Can you recommend a better site? Please
     
    #124     Mar 9, 2024
    zghorner likes this.
  5. newwurldmn

    newwurldmn

    there isn’t. But the signal to noise ratio is killed by Quanto and other posters.

    And I would add many of the “pros” have left because of posters like him and more are leaving

     
    Last edited: Mar 9, 2024
    #125     Mar 9, 2024
    semperfrosty, cesfx and zghorner like this.
  6. Quanto

    Quanto

    The past 1-month chart was good, so why was it in the negatives at all?
    Ok, maybe IV rose too much :D

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    Last edited: Mar 9, 2024
    #126     Mar 9, 2024
  7. schizo

    schizo

    I dunno what kind of Kool-aid you've been served lately, but no amount of diversification will help you when the market is tanking 5% a day (and stocks usually fare far worse than that). That's the typical scenario for a bear market.

    Listen, I ain't here to preach to the choir. It's your money, so do whatever you damn well please. :)
     
    #127     Mar 9, 2024
    Sekiyo, taowave and NoahA like this.
  8. schizo

    schizo

    He also reminds me of another weird fellow, aka MacBookProHo
     
    #128     Mar 9, 2024
    semperfrosty, cesfx and ondafringe like this.
  9. Quanto

    Quanto

    Hey @schizo, we never will agree in our views, so it does not make sense to continue this useless discussion any longer.
     
    #129     Mar 9, 2024
    schizo likes this.
  10. 2rosy

    2rosy

    #130     Mar 9, 2024