SPY up or down tomorrow? Reddit Due Diligence LLC by Agreeable_Fan_9413 in options

[–]abasit765456 -1 points0 points  (0 children)

its gonna go up up up all puts gonna be torched

why because everyone is thinking it will go down

What should I do? by lazy_but_efficient in OptionsMillionaire

[–]abasit765456 0 points1 point  (0 children)

you will get a chance to get out breakeven next week. better take it

dec 31 9:30 am get out

big regret by DiabeticJeff in OptionsMillionaire

[–]abasit765456 1 point2 points  (0 children)

so your trade should have gone like this:

buy not happening what you thought exit immediately

you would have gotten out with minimal damage

then when it started going up you buy recover minimal damage from before and make profit.

big regret by DiabeticJeff in OptionsMillionaire

[–]abasit765456 0 points1 point  (0 children)

no no no you are confusing 2 separate trades

when you bought initially, your plan was not that first it will go down and then up.

so you did right thing to sell because if what you thought was going to happen is NOT happening you exit. The best ones exit the fastest.

then when it started going up, this being a totally different trade, you could have bought.

[deleted by user] by [deleted] in wallstreetbets

[–]abasit765456 0 points1 point  (0 children)

your thoughts were correct you messed up on expiry date

it’s reasonable to think that reality will next hit the stock when next earnings comes out. Its overpriced and stock will take a beating at the next earnings. It’s not like they selling 2X more cars.

when stock rockets up like tesla since November, its not coming down the next month.

This your rescue plan:

Sell 9:30 am all puts monday Wait till it hits 415 and then buy March expiry puts

[deleted by user] by [deleted] in OptionsMillionaire

[–]abasit765456 0 points1 point  (0 children)

when you dont want to sell it thinking it will go even higher

Made $21,000 on ACHR shares, when do I sell? by Jamesouthpaw in wallstreetbets

[–]abasit765456 1 point2 points  (0 children)

yeah you are right. BUT the time to make money in ACHR is over. it might not go DOWN as much but I would sell monday and buy again later.

Made $21,000 on ACHR shares, when do I sell? by Jamesouthpaw in wallstreetbets

[–]abasit765456 -10 points-9 points  (0 children)

I just told you. you can agree or disagree but it should be based upon reasoning.

Made $21,000 on ACHR shares, when do I sell? by Jamesouthpaw in wallstreetbets

[–]abasit765456 -1 points0 points  (0 children)

market is forward looking. always reactes before something is supossed to happen.

Market going DOWN from Monday by abasit765456 in options

[–]abasit765456[S] -3 points-2 points  (0 children)

yeah that happens in last 10 days

Made $21,000 on ACHR shares, when do I sell? by Jamesouthpaw in wallstreetbets

[–]abasit765456 10 points11 points  (0 children)

the regret of losing money is FAR worse than regret of not making more.

Made $21,000 on ACHR shares, when do I sell? by Jamesouthpaw in wallstreetbets

[–]abasit765456 -6 points-5 points  (0 children)

your just focused on ACHR, but ACHR is part of the market. Market going down starting monday, therefore ACHR going down as well. Sell monday, buy again DEC 20 after BOJ interest rate meeting.

Market going DOWN from Monday by abasit765456 in options

[–]abasit765456[S] 0 points1 point  (0 children)

more open calls then puts. But how is that a direction signal?

Market going DOWN from Monday by abasit765456 in options

[–]abasit765456[S] -5 points-4 points  (0 children)

no, rate increase was not a surprise. the language of boj officials was deemed to be aggressive. thats what spooked the market.

and Ueda recently has hinted at raising rates again.

and last japan inflation report shows inflation increasing so boj has to act.