Options trading sucks, trading regret

Sold most of my nvidia shares last year to do options trading on stocks like Nvidia and spy and lost 50k in 2022 and 120k in 2023. If I just held onto nvidia shares I would have been up 600k atleast. There is no get rich scheme through options , you just have to hold shares. F*** options trading #engineering #software #options

Google oohweee Mar 28

#gambling

Amazon pipulus Mar 28

You’re supposed to use options to hedge, not for trading.

ex-Google gojj OP Mar 28

wtf

JPMorgan Chase Tushar2000 Mar 28

You need to let the experts handle options trading. I'm a VP.

Meta richаrdhea Mar 28

So basically a college hire?

Amazon v6ge Mar 28

But look how special they make you feel. A ✨VP✨ is is speaking to you themself

Restaurant Brands International uUMK53 Mar 28

100% VTI, no day trading, relax and enjoy your life

Oracle cUGg82 Mar 28

Were you buying options? Or selling them? I’ve heard buying is way more riskier and high chance of loosing money.

ex-Google gojj OP Mar 28

buying because selling gives peanuts

Oracle cUGg82 Mar 28

You can still make decent amount of money if you are selling. Especially if you are using spreads you can even reduce the risk.

Amazon v6ge Mar 28

And if you bought LEAPS on Nvidia, then you would have been posting a different story

Microsoft lamina Mar 28

60M at least

Google balnt Mar 28

Well regarded

Indeed swe_is_me Mar 28

Other side of your trades did well

Meta richаrdhea Mar 28

🤣

Chewy PjWn78 Mar 28

Yeah dont do option trading full stop. Even If you make bank the stress is not worth it