I had $800 that I thought I would throw into my account and see what I could do. (is gone. lol)
So I bought 2 close to the money Puts for $4 bucks each Exp Apr 2nd for QQQ, and then within the hour or so. That announcement was made about Iran wanting to stop the war. And everything jumped up about 12 to 18 points throughout the day for QQQ. And then another three points after hours. And I just missed out on $3000 so far all because I picked a Put instead of a Call. Which is ironic because I always pick Calls, and I just started doing Puts lately because the market was in a decline.
https://i.redd.it/8ujulkyfshsg1.png
Posted by Educational_Pie_9572
6 Comments
Bro why would you buy these
Either:
– Sell them for a huge loss
– Hold them & hope the market tanks by the 2nd. If you hold & it continues to rise, you lose everything.
These are your 2 options.
He bought? Dahmpt it
Hope for a big fall tomorrow.
I expect Thursday to be a bloodbath but idk about tomorrow.
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