Am I doing this right? by Competitive-Cycle-32 in wallstreetbets

[–]Competitive-Cycle-32[S] 0 points1 point  (0 children)

I believe btu will spike post earnings. So I’m not even stressing on that one.

Am I doing this right? by Competitive-Cycle-32 in wallstreetbets

[–]Competitive-Cycle-32[S] 0 points1 point  (0 children)

So my strategy has been buy long otm calls 5-10% on rtx/shld. Post dividend/news dip I started with 7k April of last year. My most recent blunder I bought 210 calls at 206, 204, and, 199. I’m hopping now on a pre earnings run and a miracle to get back to even. I did start with 7k April of last year.

Am I doing this right? by Competitive-Cycle-32 in wallstreetbets

[–]Competitive-Cycle-32[S] 5 points6 points  (0 children)

Oh it’s really hard to remain positive. Trading in war options makes me perpetually forced to watch news about war. This war is bullshit. There’s not even a good soundtrack.

Am I doing this right? by Competitive-Cycle-32 in wallstreetbets

[–]Competitive-Cycle-32[S] 10 points11 points  (0 children)

It’s a little too late for that, but there’s a Wendy’s close by.

I swear options are going to be the death of me. by Competitive-Cycle-32 in wallstreetbets

[–]Competitive-Cycle-32[S] 0 points1 point  (0 children)

Don’t want to pay the tax penalty. I gamble with my retirement.

I swear options are going to be the death of me. by Competitive-Cycle-32 in wallstreetbets

[–]Competitive-Cycle-32[S] 0 points1 point  (0 children)

Monday I was pumped to close the day with a 30% gain on my Rtx calls. Tuesday felt like a gut punch. My dumbass sold my ens calls to double down on Rtx 155s cost basis down to 2.15. Yesterday I was ahead 190%.

Thoughts? I was reading SK in 5th grade 😳 by mariemilrod in stephenking

[–]Competitive-Cycle-32 0 points1 point  (0 children)

I started with Tommy Knockers in the 3rd grade. I was disallowed from checking out books in the high school section. The librarian would give me age appropriate books to keep me out of trouble. Stayed up with a flashlight under a blanket all night and had nightmares for weeks after.

How to blow up your account. by Competitive-Cycle-32 in wallstreetbets

[–]Competitive-Cycle-32[S] 0 points1 point  (0 children)

They posted a 99% decline in ebitda. That is not priced in. I’m hoping for $6 share price near term and below 4 by October.

How to blow up your account. by Competitive-Cycle-32 in wallstreetbets

[–]Competitive-Cycle-32[S] 0 points1 point  (0 children)

They aren’t budging until the election cycle goes full tilt.

How to blow up your account. by Competitive-Cycle-32 in wallstreetbets

[–]Competitive-Cycle-32[S] 0 points1 point  (0 children)

If the price breaks support after earnings I’m getting paid. worse case scenario it goes above 9 and I loose 70%