lost 20k couple weeks ago on SNDK calls. just bought puts to make my money back. 20% isn’t enough, i need a full 185% just to break even to my last trade. not even all time smh

    https://i.redd.it/0rtk93b0u0qg1.jpeg

    Posted by Background_Ranger917

    10 Comments

    1. Federal-Hearing-7270 on

      It’s ath, it might work, or you might end up working at a Wendys instead.

    2. tugrulthelol on

      You’re gonna have a rare event of losing money on both calls and puts on a stock

    3. It could move 100$/day and fuck you really bad. Better way is to sell call with that kind of IV.

    4. Defiant_Regular3738 on

      Sandisk is the most ridiculously overpriced price of shit stock in the world right now, the Option chain premiums are even more retarded.

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