Alright, I’m a first time options trader, have been reading and doing research on them for a couple of months.
I decided what the hell let’s make a trade. I called RKLB $9.5 for Nov 1. im up about $30 on it right now 1 contract.
What do I do from here? Hold it? Sell it? Roll it?
If i don’t sell it before it expires will I loose all the profit?
Feel free to roast me aswell.
I spent $30 on the contract (my sports bet money for the week) so 🤷🏼♂️
Posted by No_Art5533
4 Comments
I’m pretty new at this too, what I do it’s I set the limit and forget about it, if it does make a profit feel good w the accomplishment, if it goes wrong analyze what went wrong w ur thinking and that’s it. Once u buy the best u can do its forget about it and set the limit, ur gonna lose money if when it starts to devalue u just sell. Hope it helps
You have 100% gains. What more do you want? …
Just STC
I’d sell 100%. you literally 100%’d your money