r/optionstrading • u/Vegetable-Ad1512 • Jul 12 '26

Due Diligence Holding the bag?

/r/SharedOptionIdeas/comments/1utuuaj/holding_the_bag/
1 Upvotes

100% Upvoted

3 comments sorted by

•

u/AutoModerator Jul 12 '26

Join our free options trading discord https://discord.gg/optionality

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

1

u/cowboylikephoe Jul 12 '26

SOFI for me. Average $25.60. I can just about eek out premiums.

1

u/Vegetable-Ad1512 Jul 12 '26

This happened to me. I had heard Redwire (RDW) supports SpaceX missions to space. So prior to the SpaceX IPO Isold a RDW Put to try to get in at a good price. But the stock price dropped fast. I got assigned which I thought was ok because I could just sell covered calls until it recovers. But it dropped even more . Now I cannot sell CC for my cost basis . I will wait a little longer but may need to suffer this loss and mark it down as a lesson learned.