AI
Thursday, January 03, 2013 4:42:22 PM
Why did I ever follow you, JB!?!? Now I'm in my E-Trade account, holding 400 shares of CALL from $18.51 and I'm losing money! It's all your fault!!!!
No, but seriously, I know the market isn't always going to go in my favor, and decided, on top of the CALL options, I would pick up some shares as well, in case it doesn't go up further, right away. Best case scenario, I make some money on both over the next couple of weeks, and can move on with a gain. Worst case, I lose the premium I paid on the options, and have 400 shares to watch for a couple of months before I give up and take a loss. Nobody made me get into these positions, so I can't blame you or anyone else, especially considering no stock can up every day and there will be down days along the way.
Hopefully I'm still around in a few weeks to continue to dabble in options, and keeping an eye on this board. If not, I'll just be watching the paint dry in my portfolio, waiting for the day where CALL explodes and I can move on to something else.
No, but seriously, I know the market isn't always going to go in my favor, and decided, on top of the CALL options, I would pick up some shares as well, in case it doesn't go up further, right away. Best case scenario, I make some money on both over the next couple of weeks, and can move on with a gain. Worst case, I lose the premium I paid on the options, and have 400 shares to watch for a couple of months before I give up and take a loss. Nobody made me get into these positions, so I can't blame you or anyone else, especially considering no stock can up every day and there will be down days along the way.
Hopefully I'm still around in a few weeks to continue to dabble in options, and keeping an eye on this board. If not, I'll just be watching the paint dry in my portfolio, waiting for the day where CALL explodes and I can move on to something else.
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