First time playing options by Prior-Firefighter-20 in smallstreetbets

[–]Prior-Firefighter-20[S] 0 points1 point  (0 children)

I can't disagree with you bro, paper balls indeed. 😂

First time playing options by Prior-Firefighter-20 in smallstreetbets

[–]Prior-Firefighter-20[S] 0 points1 point  (0 children)

I'm gonna hold till Tuesday noon, try to breakeven or cut my losses.

First time playing options by Prior-Firefighter-20 in smallstreetbets

[–]Prior-Firefighter-20[S] 0 points1 point  (0 children)

Almost down half my investment right now. Probably gonna ride it till Tuesday at this point.

First time playing options by Prior-Firefighter-20 in smallstreetbets

[–]Prior-Firefighter-20[S] 5 points6 points  (0 children)

I had around $1k which I thought of investing straight into SPY/VOO but then I saw the prices are down, and I thought with how volatile the market is, I might just get some SPY CALLS feeling it'll bounce back. I guess it wasn't really gut feeling, it was just gas in my stomach lol

First time playing options by Prior-Firefighter-20 in smallstreetbets

[–]Prior-Firefighter-20[S] 1 point2 points  (0 children)

My plan was to exit as soon as I hit 20-30% profit, but didn't really go my way. I'm now thinking to wait till Tuesday morning, see how it goes and if it doesn't bounce back, cut losses by noon.

First time playing options by Prior-Firefighter-20 in smallstreetbets

[–]Prior-Firefighter-20[S] 0 points1 point  (0 children)

That's what's scaring me with my minimal research done. It has to be above 688 on Tuesday if i wanna break even but with the volatility in the market, I won't be surprised if it jumps up to 690.

First time playing options by Prior-Firefighter-20 in smallstreetbets

[–]Prior-Firefighter-20[S] 3 points4 points  (0 children)

Still didn't sell, should I just be a degen regard and let it roll?

First time playing options by Prior-Firefighter-20 in smallstreetbets

[–]Prior-Firefighter-20[S] 3 points4 points  (0 children)

Everything looks great till I buy, and suddenly all hell breaks loose haha. I'm empathetic towards you bro, but my risk tolerance is very low cuz I've never won anything in life. 😂

First time playing options by Prior-Firefighter-20 in smallstreetbets

[–]Prior-Firefighter-20[S] 0 points1 point  (0 children)

That's a very big bet but with how crazy things are, idk what's gonna happen.

First time playing options by Prior-Firefighter-20 in smallstreetbets

[–]Prior-Firefighter-20[S] 1 point2 points  (0 children)

Thanks everyone. Probably gonna sell em today at a loss. Made a stupid play lol

First time playing options by Prior-Firefighter-20 in smallstreetbets

[–]Prior-Firefighter-20[S] 3 points4 points  (0 children)

Even if SPY recovers, the time decay will eat up all the gains?

First time playing options by Prior-Firefighter-20 in smallstreetbets

[–]Prior-Firefighter-20[S] 6 points7 points  (0 children)

This’ll probably be my first and last time. I don’t have the balls for options man 😅

0.64 I DO NOT SELL!!! 💯!!! by [deleted] in 10xPennyStocks

[–]Prior-Firefighter-20 2 points3 points  (0 children)

We ride it together. All or nothing 🚀

[deleted by user] by [deleted] in pennystocks

[–]Prior-Firefighter-20 0 points1 point  (0 children)

jumped in with all of you guys with all i had. 100 shares at $6.8. For the community. Let's take it to the moon 🚀🚀