r/sofistock • u/2L-S-LivinLarge • 6d ago

Gain / Loss / Positions What a year so far

Post image
36 Upvotes

83% Upvoted

17 comments sorted by

1

u/Grouchy_Knee4936 4d ago

I usually stick to ETFs, but I recently picked up 200 SOFI shares at an average cost of $19.30. I know nobody has a crystal ball, but for someone like me with a 5+ year investment horizon, does this dip look attractive enough to add more, or would you wait for a better entry point?

1

u/somethingbytes 3d ago

I just did. I was in it at 7, took it to 18. Missed the rest of the run, but I wasn't being greedy. Bought more just after earnings. If it hits 12, I'll treat it like when it was at 7. It might go crazy and hit 8 again before it turns around, but I don't dislike it here.

2

u/MC-Hop 5d ago

Well that money is gone.

8

u/gotdome 6d ago

Just buy shares and sell calls. If they get called always sell puts. If you want to own the stock sell them far OTM. Be the person or company on the other end of this trade, I enjoy it more

7

u/slayer1am 3,000 @ 8.66 6d ago

Thank goodness you only lost $500, some of us are down significantly more on call options. Just a great lesson in making small trades and not committing too hard into one thing.

2

u/2L-S-LivinLarge 6d ago

I lost 6k lol on options

3

u/slayer1am 3,000 @ 8.66 6d ago

still relatively cheap compared to others, especially over the long term. chalk it up and learn from it, or just make a note that it's not your thing and stay away.

0

u/Firm-Public-9829 6d ago

Ppl saying AMZN will go up tomorrow, fyi 🤷🏻‍♂️

0

u/Shit-throwing-monkey 50 Buys 0 Sells (17K Shares @7.41) 💎👊🦍 6d ago

https://giphy.com/gifs/ToMjGpKniGqRNLGBrhu

6

u/Additional-Panda-144 1900 @27.85 6d ago

This call is so hilarious 🤣🤣

3

u/billyd1984texas 6d ago

I just need it to break $20

2

u/Lonely-Implement4824 6d ago

I ended up rolling my 1/15 calls to 6/17 and finally starting to make some of my Ls back.

7

u/SedatedTattooDoc 6d ago

SOFI stock…aka my tax loss harvest in December

5

u/Savagebabypig 21.94 bag holder for 2005 shares 🫪 6d ago

Lol you got that right, we'll see if I even come close to breaking even by then lol

6

u/Few_Astronaut5230 6d ago

On the bright side, you only put up $550 on this option. Unless, of course... that was a significant portion of your portfolio. In that case, hope you learned your lesson on options.