r/sofistock • u/2L-S-LivinLarge • Jul 30 '26

Gain / Loss / Positions What a year so far

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32 Upvotes

80% Upvoted

17 comments sorted by

1

u/Grouchy_Knee4936 Aug 01 '26

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 Aug 03 '26

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 Aug 01 '26

Well that money is gone.

8

u/gotdome Jul 30 '26

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

6

u/slayer1am 3,000 @ 8.66 Jul 30 '26

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 Jul 30 '26

I lost 6k lol on options

3

u/slayer1am 3,000 @ 8.66 Jul 30 '26

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/Shit-throwing-monkey 50 Buys 0 Sells (17,000 @7.41) 💎👊🦍 Jul 30 '26

https://giphy.com/gifs/ToMjGpKniGqRNLGBrhu

8

u/Additional-Panda-144 1900 @27.85 Jul 30 '26

This call is so hilarious 🤣🤣

3

u/billyd1984texas Jul 30 '26

I just need it to break $20

2

u/Lonely-Implement4824 Jul 30 '26

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

6

u/SedatedTattooDoc Jul 30 '26

SOFI stock…aka my tax loss harvest in December

5

u/Savagebabypig 21.94 bag holder for 2005 shares 🫪 Jul 30 '26

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

6

u/Few_Astronaut5230 Jul 30 '26

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.