Long story short. Folded out of 60K. Had 46 3/20 Calls @ 3.15 avg. sold for 20% the day before the news broke. Don’t want to discuss what I did with the money sold, rotfl. But I’m definitely the guy to inverse 100% of the time .

    https://www.reddit.com/gallery/1rgs2nt

    Posted by DisastrousDebate69

    6 Comments

    1. You still got a good gain. NFLX was trending down daily for months and the overall market has been weak. 

      Even though it ended up being the wrong decision in hindsight, at the time it was a rational choice given the chance of any pullback taking away your gains due to the shorter time to expiry.

      Don’t beat yourself up too bad homie.

    2. You made a good return, all that matters. Sometimes you’ll miss out on a big gain, other times you’ll narrowly escape a huge loss. People just have a habit of focusing on when they’ve left profit on the table rather than when they avoided getting liquidated.

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