Had some NVDA monthlies that I was up fairly big on, sold half, let the other half ride. Second half quickly plummeted. Figured I’d double down on the dip attempting to get back to even. Well the dip kept dipping and decided to just cut losses today. $5300 waiting to settle for tomorrow. I ain’t done yet!

    https://i.redd.it/drblvsape49d1.jpeg

    Posted by Jeffinslaw

    11 Comments

    1. Good job, keep going mate, I am sure you can get this to zero before the weekend ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)

    2. Impossible_Buy_1335 on

      Switch to long term calls on NVDA, more than half year, you will have your money back

    3. I’ve learned that DCA into stock is smart, but DCA into options is stupid.

      Set stop loss limits with options or have them set in your head. Losing 15%-20% is better than losing 50% (or more).

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