Repost since I was told the gain/loss had to be realized. Google LEAPs have been closed and I’ve bought some NOK LEAPs instead.

    Losses from February 1st to now. So roughly 2.5 weeks.

    It’s actually -80k from its peak, but wealthsimple doesn’t allow us to cherry pick time frames.

    I had most of my holdings in Google shares and LEAPS, but closed all of my Google leaps to buy NOK leaps instead. Shares had leverage at a 1:1, so each 1% movement was doubled.

    https://i.redd.it/kgrns00926kg1.jpeg

    Posted by DePoots

    5 Comments

    1. Have you considered that you’re fucked if we enter an extended drawdown phase? We just had one of the best bull markets in history in the 2023-2026 window. Wouldn’t you want to delever and just own shares as at least some sort of protection?

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