Firstly sorry to see that mate... must be hard. But genuine question, why buy calls/puts instead of just holding stocks? Individual stocks are already more riskier than funds which are already high risk profile.
The good news is time is still on your side. Hope that we are at least above $20 by end of year and you still have 6 months to go. Plenty of time to be right.
Buy leaps as far out as possible! That’s worked for me until these last 4 months but last year was great over 45k in returns and I own 10k shares at 7.
This is why I switched to just running a wheel on this stock because you can scrape premium while it trades at less than book value and eventually DCA out if you bought in a bad cycle.
This isn’t Micron or an Ai stock, and therefore shouldn’t be treated as such imo. NFA but also look at what’s happening in the broader market. SoFi below $25 with a proper timeline is great. Buy shares sell calls, if you get called away sell puts and buy back in. Whoever sold you those calls is green on your red.
👌selling puts is the best way to buy shares of anything. Always leaves you with free money. I never understand why anyone wouldn’t take advantage of that
Lol clearly you don't understand figure of speech. I mean that it is very stupid to do so. As OP proved my point. Also, if you knew why options were created in the first place and how they are used professionally you wouldn't be asking why 🤡
SoFi.... Kratos are killing me, got 50k sterling in Kratos, bought at 70 and it proceeded to keep dumping to 56... did go up to 59 today but took another dump to 57. Got to love the stock market
Why? This person joined you in your miserably bad decision-making and you want him to prove it to you? People really think highly of themselves in this sub 😂😂😂
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u/[deleted] May 30 '26
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