bought a few nvidia call options for may 17 in march. already lost 70% of its value. what do i do now? sell or hold? scared to open robinhood everyday.. :p nvidia 1050 expiring on 5/3 nvidia 1300 expiring 5/17 nvidia 1000 expiring 5/17 please suggest.. #stocks #investments #nvidia
What’s call option target?
What's the strike price? And how much did you buy it for?
Please share your loss for us to feel better
Delete the app
lol, yes. i will. want to sell these first and then 😅 but thank you for this comment.
If it already lost 70% value, what's the point in selling? How much did you put in?
if he doesn't sell now then by May those options could be worthless unless Nvidia stock price goes back up. So he would lose 100%
That's why I'm asking how much he put in. If its like 2000$, might as well hold to expiry.
Be cautious of theta burn
What is the strike price and when does the call option expire? Try not to act out of emotion.
Don't you enter with stop losses set? That's risk management 101 Please enter call debit or put credit spreads if you feel bullish. See different types of calendar or diagonal speeads Losses and gains will be controlled and limited
yeah rookie mistake 🤦🏻♂️
It's always an escalator up but an elevator down
No idiot keeps an option open for more than a week.
I do when I sell calls that magically go ITM and then I roll them over forever 🤡
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Suck it up and sell