My recent mistake💔
I've selected an incorrect put option via margin and I have lost 900 USD in terms of margins by selling the put option. Only gained +30 USD from selling the credit margin.
Now, when a stock splits, you need to wait for the stock to be completely split and re-enter the options by using a 30-45 day expiraton date.
Now, you must be aware of all the options methods to earn weekly/daily. As I am a long-term person, I mainly focus in call options that expires long term.
Don't forget your greeks as well. And if you are going for margin trading, always go for a balanced mid-range priced options that would not hit your capital way hard.
I guess that's really it from me. Some lessons are way too hard to be learned. 😔
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I am a fan of the bulls. Not a big fan of the shorters and shorting.
Keep your negative thoughts off me. Thanks.
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skinnydippi : I like your honesty. Stocks are a gamble. Hard to predict. Hope your luck get's better.
Daniel Jeya RamanOP skinnydippi: I miscalculated. You don't win always, but losses like this teach you a thing or two.
skinnydippi : every day can't be green. I'm holding alot of bags myself. Practice makes perfect
Daniel Jeya RamanOP skinnydippi: