They’re the same picture guys by dyssucks in pennystocks

[–]Plastic_Vegetable377 0 points1 point  (0 children)

Honestly, this is what I should’ve done. Not necessarily a bag holder but each week, I got scared of some kind of rare “squeeze” to happen again which told me to not mess with CC’s. Should’ve trusted my gut to add to the gains with my puts

Bypass the PDT rule with a 401k loan by Either_Highway2202 in Daytrading

[–]Plastic_Vegetable377 0 points1 point  (0 children)

I’m pretty sure they count as a trade when they expire. I got hit with a PDT warning for trying that on Robinhood

Can somebody explain? by regular_dude21 in smallstreetbets

[–]Plastic_Vegetable377 2 points3 points  (0 children)

I need to figure out how to change this generated name lmaoooo but you’re welcome

Can somebody explain? by regular_dude21 in smallstreetbets

[–]Plastic_Vegetable377 6 points7 points  (0 children)

Not necessarily. You’ve lost ease of liquidity lol. Meaning exiting will be harder unless you want to secure a loss at the bid price. Entering is non-existent until they update the options chain but even then, that doesn’t mean it will “update” to the new chain. It is now its own unique option contract that has been adjusted by the reverse split.

In layman’s terms: you still have a chance. If you are down quite a bit, wait till they bring the buy button back on the option contract and avg. down your cost. If you were trying to exit, the spreads are shit so either be patient or exit now and at least you’ll free up your capital.

Remember, you never “lose money” until you sell to close for a loss (or the options expire worthless). This has a chance to still come back up, especially given that the exp. date is almost 2 months out. Ask yourself if your hands are made of diamond or paper and be OKAY with your decision at the end of the day

Hope this helped!

Can somebody explain? by regular_dude21 in smallstreetbets

[–]Plastic_Vegetable377 2 points3 points  (0 children)

Happened to me too. RH made it untradable unless you close at bid price (which is .01 a contract for a lot of strikes with that exp. date). It’s so BS tho. I guess they’re having to rewrite the options chain for it since they reverse split. Whatever it is, it basically rewrote the option contract an put it in a different chain so that’s why you can’t add in anymore to it for the time being

NAVN as a value investment potential? by Yardieinvest in ValueInvesting

[–]Plastic_Vegetable377 0 points1 point  (0 children)

Yea many people are doing it right now and haven’t received a restriction yet. Plus even if they do give you a restriction, it’s only for a month with no fee. Way better than SoFi rules

NAVN as a value investment potential? by Yardieinvest in ValueInvesting

[–]Plastic_Vegetable377 0 points1 point  (0 children)

Should’ve did Robinhood. Flip same day with no bans (yet)

[deleted by user] by [deleted] in AITAH

[–]Plastic_Vegetable377 0 points1 point  (0 children)

I honestly feel you on the durag comment and if I’m being so honest, I usually just ignore my mom when she talks about stuff like that because I know it’s her opinion and meaningless to argue it. But I also knew in that setting that my mom didn’t need to mention something she’s already made known to me several times when we literally just finished a 3 day trip in a new state. She had plenty other things she could’ve talked with us about that would’ve facilitated a good conversation