Options gun shy
I have been investing for about 2.5 years. I have become options gun shy because of a bad loss. Had a QQQ call go against me and lost 75% in a matter of minutes. This happened because a week earlier I had a QQQ put that went against me, was down 40%. Held the 0DTE for a bit and I closed the position with a 30% gain. Thought I would do the same thing. I now know if an option goes against you at 8% or so jump ship. Dont fret if it goes up after you cut your loss. That is part of the game. Patience…unless you are buying 0DTE contracts, then you better have speed and solid knowledge.
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