For next August?! Are you crazy my g? I mean I hold I think $7800 worth of shares at $812ish and I would love that for us. But not in a month bro.
According_Web_8907 on
No chance
Shdwrptr on
Eat the loss and move on
KAY-toe on
When it burns to zero r/schadenfreude would also enjoy this
AAPLfds on
Southwestern on
You basically did the same financial damage to your life with this trade as going to prison for 1-2 years.
xx0Zero on
Watch him sell it hits 1100 😂 but seriously there’s little chance. You’d be better off cutting losses bruh
hurricanesurvivor on
SMCI would have to rally 31.5% come its August 6th earnings for you to make back break even. Let say theoretically it we kept going down or sideways but we absolutely gobble smack glucked earnings up and broke out of the downtrend on August 6th… you’d still have to see at least a 20% move for theta not to have gobbled you up completely come that time.
Seems absolutely unreasonable unless we start rallying right away on Monday.
Nam_usa on
Sorry bro that’s a tough pill to swallow. Tech got battered the last couple of weeks. Don’t see amd or arm earnings gonna help the market this week. If this runs to the 800s sell asap
Sharp-Direction-6894 on
Chance of recovery? You bought when SMCI was around 860. You were always $140+ OTM. It was never “covered”, let alone able to be “recovered”.
My prediction is – as my late great great grandpappy would say – you’re fucked.
SnooRegrets6428 on
four_digit_follower on
Is this $150K -> $10K (that’s when he will give up)? Is my mathing correct?
Familiar_Emu3651 on
total of 0% chance
LowCryptographer9047 on
Wtttffff
ItsATravelingDude on
If I said no, that might still be an understatement
Sl4mH4mmer on
Dude you’re cooked.
SEMIs are not hot right now
Make your money back with the remaining value
Mother-Equivalent318 on
some of yall need to consider investing in stocks instead of just options jesus
Bro is too ashamed to show us the actual losses, and makes us have to calculate it out.
FOMO_Gains on
If you hold, you’re fucked.
If you sell, it’ll rally hard af.
Josepth_Blowsepth on
Double down
MammothBites on
Damn you really gotta pick a point where you cut your losses before you get to this point. Maybe you can recover some of it if you’re lucky but you need to think about the time decay when you are this far out of the money.
Prides_downfall on
Why put the strike price so damn high?
IamxGreenGiant on
The way I see it – It’s bouncing off 200 dma and will for sure get to 840ish, that’s where you have to decide if you want to eject or reduce exposure.
Earnings on 6th that will be a make or break, chart looks bullish imo, but if drops and holds below 200 dma 580’s could be next.
It’s unfortunately a hard strike to hit but very much possible.
28 Comments
Lol.
Zero
Bruh…
For next August?! Are you crazy my g? I mean I hold I think $7800 worth of shares at $812ish and I would love that for us. But not in a month bro.
No chance
Eat the loss and move on
When it burns to zero r/schadenfreude would also enjoy this
You basically did the same financial damage to your life with this trade as going to prison for 1-2 years.
Watch him sell it hits 1100 😂 but seriously there’s little chance. You’d be better off cutting losses bruh
SMCI would have to rally 31.5% come its August 6th earnings for you to make back break even. Let say theoretically it we kept going down or sideways but we absolutely gobble smack glucked earnings up and broke out of the downtrend on August 6th… you’d still have to see at least a 20% move for theta not to have gobbled you up completely come that time.
Seems absolutely unreasonable unless we start rallying right away on Monday.
Sorry bro that’s a tough pill to swallow. Tech got battered the last couple of weeks. Don’t see amd or arm earnings gonna help the market this week. If this runs to the 800s sell asap
Chance of recovery? You bought when SMCI was around 860. You were always $140+ OTM. It was never “covered”, let alone able to be “recovered”.
My prediction is – as my late great great grandpappy would say – you’re fucked.
Is this $150K -> $10K (that’s when he will give up)? Is my mathing correct?
total of 0% chance
Wtttffff
If I said no, that might still be an understatement
Dude you’re cooked.
SEMIs are not hot right now
Make your money back with the remaining value
some of yall need to consider investing in stocks instead of just options jesus
https://preview.redd.it/adpm1fg5z5fd1.jpeg?width=720&format=pjpg&auto=webp&s=2c9752d267d2d25fddee6a54bce5245e66ee800c
Bro is too ashamed to show us the actual losses, and makes us have to calculate it out.
If you hold, you’re fucked.
If you sell, it’ll rally hard af.
Double down
Damn you really gotta pick a point where you cut your losses before you get to this point. Maybe you can recover some of it if you’re lucky but you need to think about the time decay when you are this far out of the money.
Why put the strike price so damn high?
The way I see it – It’s bouncing off 200 dma and will for sure get to 840ish, that’s where you have to decide if you want to eject or reduce exposure.
Earnings on 6th that will be a make or break, chart looks bullish imo, but if drops and holds below 200 dma 580’s could be next.
It’s unfortunately a hard strike to hit but very much possible.
Heyo wtf!!