candlestick77 - Traders are alpha dogs, we get the money, we get the girl, we win. Your questions and responses sound weak. Man up and go burn thru your first 5 gs and welcome to trading.
long x Jan 16 calls AA from 1.59 1.63 bid 1.65 ask what should I do and why? cmon 15 minutes till close
Well you already violated 1 of the most important rules of Trading. Your supposed to know when your going to get out before you ever get in. If the trades going against you or for you. So my advice to you? Close your position and go study before you start trading again. (And if it were me I would close the position. Your trading front month calls coming upon expiration. If the stock takes a dive at all you will lose all your profit)
This trade was a pure gambling. According to options software: Return if unchanged: -9.9% Probability of success: 45%. And like CandleStick77 mentioned, itâs too close to expiration, no time to fix. The result might turn out to be good, but it doesnât matter.
Ah I should have though of that. I never understood why people go to the casinos to gamble. Why not do the stock market? better odds bigger profits.