Hey I did that!!! It could still have a dip that low, but it seems to be stabilizing for the time being....
I think your friend DOG thought it would hit $60 and he was all in.....which was terrifying me! I watched it climb with my jaw dropped, way too scared to jump in at any point. After the big fall it was easy to straddle for some nice profits, which is what I did. I always put in sell points when I do that with options - or else you can lose HUGE! I had some calls that expired worthless yesterday, but I made so much on it this week that it didn't matter.
Just don't mess with options if you don't learn some good strategies. Takes getting used to -- so ALWAYS paper trade first -- for a while.
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