Bought on 8/27 5.0, and then 8/28 4.5, but the next day when it hit $4, decided to just get out. Tired of losing so much money on these options.
Bought at $1.5, and then again at .9, but the next day it plummeted and so obviously a failed trade.
I know this could have continued to run but I figured I only have one contract and I won't miss out on a lot if it continues to go up, however, I have been losing so much over the last couple of weeks and need to just take small wins and get my average win rate up so then I can feel more confident with greater size.
options are tricky. seems it's best to get as close to strike price as possible when buying a CALL and most times it doesn't go up for a long. YOU HAVE TO BITE THE BULLET BEFORE YOU ARE ITM (IN THE MONEY)
Still studying options but from now on need to buy less expensive stocks.
bot 10 contracts by mistake. when I regain its position I sold half. will sell last 5 next week.
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