Today I bought 10 646 spy options at 0.1 each. Sold at 4:10 for a 50% loss. At 4:15 price spiked at 650. Would've my options expired worthless or did I lose a 3000% return by paper handing it?

    4:15 pm spy options
    byu/Ooooooohestealin inoptions



    Posted by Ooooooohestealin

    5 Comments

    1. essence_of_moisture on

      Similar happened to be. No way you would have known. I took the hundred something that was left on the table and closed out but has I waited a little longer i may have left with a few dollars or a huge gain. Couldn’t know

    2. It’s not paper handing when the market is controlled by one person and their social media account

    3. I paper-handed $100k trade once and a lot of times I sold too early. It’s just a part of the game

    4. Caramel_Da_Cat on

      bro i paper handed a 5x bagger for a loss.
      bought 652P at 1.74$, held for 1 minute (literally) and sold for 1.20$

      price went to 7$ 😭😭 im so regarded i didnt buy back in while price was going up.

      it was only 1 contract so 54$ loss but still…

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