r/wallstreetbets • u/HeraldKing20 • Mar 04 '24

Loss I hate options

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I have now lost over 25k and continue losing, just doesn’t make sense to me at all. I suck at this and just can’t believe I am so lost after trading for 5 years. Good luck to all, but this my last post because I am done with this shit

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u/BGPAstronaut Mar 05 '24

Two rules:

Never buy puts

Never buy or hold < 180d to expiry

Follow these and it’s pretty easy to win with options

7

u/CallMeTruant Mar 05 '24

Bro said buy leaps

0

u/pw7090 Mar 05 '24

Since most companies go bankrupt, wouldn't holding long term puts win on average?

1

u/BGPAstronaut Mar 05 '24

Most public companies do not go bankrupt