I need some help strategizing on how to minimize this loss. This was net positive at one point, but I was letting it ride because it was early in the contract, and the past few days have wiped everything out. Any thoughts on the best way to go about this? Earnings are today after close. I could buy puts: if it goes up, I gain value on the puts I’ve sold. If it goes down, I gain value on the puts I’ve bought. Or I just close the position and eat the loss. Any thoughts? Help would be very much appreciated.
https://i.redd.it/hg8bgrb7bohg1.jpeg
Posted by littleshawty2