My amzn & Google naked put sell is In deep red . How to play it on Monday to recover the loss.

Only 3? Not very encouraging IMHO if I am a newbie reading this post.

 

No. https://electionbettingodds.com wrote he had a 23.6% of being elected U.S. President.

And if he wins the Democratic Party nomination, he would then have a 44.3% chance of being elected U.S. President.

 

Nice PNL

 

AFAIK Plus500 is a CFD/FX bucketshop. There is no real instruments being traded there. It's all virtual and the "broker" is the counterparty holding the other side.

 

Volatility is high right now. You either could just wait u till the virus stuff gets on the sideline or buy urself some protective spreads. Or play this week's volatility.

 

Thanks all for your posts . position closed with loss of 12k on margin shortage .
Need to recover . Sheer Greed .

 

Don't worry, just make sure you are well capitalised when you gamble.
Realized 4K loss today

 

Well done for turning your 1M paper trading account into 1.5

 

Glad you survived! Lesson learned, now keep moving forward!

 

Where are all the fantasy put sellers who go on and on how easy it is to make money simply selling naked puts......

Also the best way to limit losses is to simply close the position. I think you will find the "Pray it goes my way" strategy rarely works.