I caught the bull trap earlier this week and was able to sell a $59.92C 4/16 for $5 profit, so fucking glad I did that...but my 70c 1/21/22 on the other hand... I had a chance to sell for a 10% loss but for some goddamn reason, I didn't fathom saving myself like my 4/16 call. 40% down on a leap, I'm gonna fucking average down. I'd really rather have that extra $600 to buy this Cali fire sale lol.
Moral of the story: Leaps may seem like free money, but sometimes it takes away other opportunity costs as it requires more capital upfront.
Will be doing an ARKG palm reading over the weekend, I think it's an ICLN situation right now. There was an insane volume spike, driving the price up.
Moral of the story: Leaps may seem like free money, but sometimes it takes away other opportunity costs as it requires more capital upfront.
Will be doing an ARKG palm reading over the weekend, I think it's an ICLN situation right now. There was an insane volume spike, driving the price up.
Note
bought $60c 4/16
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.