$Applovin (APP.US)$ Today's trading was a disaster, losing 1...
$Applovin (APP.US)$ Today's trading was a disaster, losing 10,000 on CRML. Fortunately, the app performed well, earning 26,000 in the last 30 minutes and turning the situation around 😊. The only regret is not buying more puts.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
见好就收不要上头 : Wow, how much does it cost to put one up?
Jing Jade OP 见好就收不要上头 : Today, I bought three contracts of the 667.5 put option expiring on October 10, with each contract costing 1,530.
Jing Jade OP 见好就收不要上头 : Sold at 9,800 per contract and then bought back four call options expiring on October 17.![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
AC55 : It’s okay, it will be less than 500 tomorrow.
Jing Jade OP AC55 : I don’t care about tomorrow anymore; even if the call option loses everything, it doesn’t matter. The target for this stock has been achieved.
The original target was to reach 620 this week, significantly surpassing the goal.
FortuneStar : Unfortunately, I don't know how to deal with options and am not qualified to do so.
Jing Jade OP FortuneStar : Options trading is highly risky. It’s best to avoid it; I lost hundreds of thousands in options. Even during a bull market, the losses were massive, wiping out nearly all my capital. If I had invested in the underlying stocks instead, I might be up by millions now.