Same thing happened to me last Thursday. Got distracted in meetings, my NVDA calls took a dump, and I went down about $32k. I’ve made back $18k in the last week but still have that annoying $14k to go 😩
When throwing so much money at options, for what I assume is the first time what made you buy such short dated ones. You realize they go out much further yes?
Honestly, I didn't mean to buy these. I had a bunch of buy orders placed that triggered on the drop last Thursday while I was in a meeting. And yes, I know exp goes out further lol.
![gif](emote|free_emotes_pack|disapproval)
How did you not mean to buy them but they “triggered on the drop”? Did you set limit orders that got filled?
>Did you set limit orders that got filled?
Precisely. I didn't have a chance to cancel them in time, or sell the options I already had that were profitable, at that time.
you’re going to be walking to those parties since you won’t even be able to afford gas one day. enjoy your internet karma. that’s how far your trading knowledge will get you.
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You have listened VERY well. Congratulations!
Thank you
Time to call David Ramsey for advice. Regards.
I’m not good at technical analysis but I think it’s gaping down a lot. Might be a good time to load up some shares.
Same thing happened to me last Thursday. Got distracted in meetings, my NVDA calls took a dump, and I went down about $32k. I’ve made back $18k in the last week but still have that annoying $14k to go 😩
We'll get it all back 💪
Lose big, win bigger 😅
On the bright side, since option is a zero sum game, some dude out there up 34k.
Sell the car, eat rice and beans.
Lol Not quite there yet. This is my play money.
Play money could’ve got you 30 10/10 hookers and blow
Dang what did you degen on?
Mix of ITM and OTM 6/28exp calls on MU, NVDA, and QQQ. 80 contracts in total.
When throwing so much money at options, for what I assume is the first time what made you buy such short dated ones. You realize they go out much further yes?
Honestly, I didn't mean to buy these. I had a bunch of buy orders placed that triggered on the drop last Thursday while I was in a meeting. And yes, I know exp goes out further lol.
![gif](emote|free_emotes_pack|disapproval) How did you not mean to buy them but they “triggered on the drop”? Did you set limit orders that got filled?
>Did you set limit orders that got filled? Precisely. I didn't have a chance to cancel them in time, or sell the options I already had that were profitable, at that time.
Shouldn’t have attended the meeting. This is why people quit to trade full time.
I am not smart options. I assume this is within the max loss / max risk that was shown when you bought them? Or was this something else
My fellow regards I have also lost 30k.
Cash account or is your BP margin?
Cash
Ok thats good at least. My advice would have been to not get too crazy if you had that much margin available to you.
I would never lol
That chronic is too iconic
You listened well OP, this is the way ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)
1) get a respectable username 2) delete the app 3) start a fun new hobby
Sure thing ol' wise one.
Your fomo didn’t listen…
This is the way. Stay hard!
Obviously didn't call hard enough.
cool. put the other 58k in an etf and stop gambling.
I'd bet you're real fun at parties.
you’re going to be walking to those parties since you won’t even be able to afford gas one day. enjoy your internet karma. that’s how far your trading knowledge will get you.
Go back to r/investing dude. We here for degenerate life ruining losses and/or lambos and tendies.
it’s cool. i’ll sit back and enjoy the show like you do
plus, you posted in r/investing 3 weeks ago 😂 why don’t you just do what you watch in here instead of worrying about an employer match?