-$1,288 Loss
GMELong Option

Terrible! Bought Puts before a supernova, and was looking at 90% loss on a huge position size for a full day before a big panic that allowed me to exit with smaller losses. Must use a Call/Put spread with very volatile price action. Terribly demoralizing to dissolve large chunks of past gains with foolish trading.
Newsletters:TimChallenge
Broker:TDAmeritrade
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| Date | Price | |
|---|---|---|
| Entry | 1/26/2021 | 10.35 |
| Exit | 1/28/2021 | 3.925 |
- Total Views15
- Position Size2
- Percentage-62.08%
- Option TypeCALL
- Strike90.0
- Expiration1/21/2022
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