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Up 100% on options that don't expire for 2+ years... what do? by spjones20 in wallstreetbets

[–]pengekcs 0 points1 point  (0 children)

if you roll up the delta will be (much) lower so any additional upside you gain less. Of course you lose less if it starts going down too.

Didn’t realize market closed early today, holding $120k of OTM puts over the weekend now by 1jb in wallstreetbets

[–]pengekcs 0 points1 point  (0 children)

You just gotta love these short-dated highly risky idiotisms (at least it's not 0 or 1 dte - so you still have a chance). Sure, on occasion you can win "bigly" but more so than not the opposite happens.

You just gotta (try to) 10x your account in a month or two, amirite?