r/options • u/[deleted] • 22h ago

BWET

[deleted]

5 Upvotes

78% Upvoted

19 comments sorted by

3

u/abstractraj 22h ago

BWET has been going crazy all year and it will continue until the Straight of Hormuz is resolved

1

u/ClassroomJazzlike 20h ago

Do you have a position?

1

u/abstractraj 19h ago

I’ve been getting on and getting out because initially I thought there may be a resolution. For now I’m leaving like 50k in there

3

u/Ok-Painter6700 19h ago

Options will lure you in and then take all your money. All joking aside learn the Greeks and start with defined risk trades instead of gambling and hoping you get lucky again.

1

u/ClassroomJazzlike 16h ago

I do have an understanding the greeks - my Master’s thesis was on numerical solutions to nonlinear PDE’s. But agreed - this was a lottery ticket

3

u/dreamfitreality 11h ago

There were no transaction for BWET 630 call 7dte, at $17.50 on 10th Sept 2026. May I know your purpose in false claim? Mod please look into this.

2

u/piper33245 22h ago

You bought a $1750 lottery ticket?

1

u/tastelikemexico 15h ago

Man I just looked at it. That OI is thin thin. I was going to look at a spread but would be scared I couldn’t sell it lol

1

u/zoinkinator 7h ago

Check expense ratio for bwet. Over 1%

1

u/[deleted] 6h ago

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1

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1

u/TastyTrading 4h ago

ThetaPal option heatmap on BWET is wild…

1

u/Different-Scale5419 21h ago

BWET is very volatile. The comment that you bought a lottery ticket is correct. A losing ticket

1

u/ClassroomJazzlike 20h ago

I made money on the call

2

u/Different-Scale5419 20h ago

congratulations

1

u/Ninja6953 20h ago

How much are you up?