Option Millionaires

[Liquidwealth]

GOLDRUSH BOMBSHELL:

So I bought 4 weekly Gld 152Puts for .28 last Tuesday and sold half on Wednesday for $1.32 and then panicked/puss**d out and sold the rest on Thursday for $1.17 knowing well since Thursday my target way a 148 hit on the position taking the puts to $4 potentially. And of course we all know what happened on Friday, the 152P hit around $9.50 for a 3000% move from .28. THIS IS WHY WE PLAY OPTIONS.

I didn't mention this play on ihub bc recently my plays have not been working out. So I'm writing this just to vent a bit and also to let option traders know that sometimes you just have to let it ride knowing damn well that the position cud expire worthless.

My thing I've noticed is that sometimes I trade like RetiredMM and sometimes like you and I realize that I have to trade one way or the other in order to really succeed in the long run.

Anyway sorry for the rant....let's all my bank this year!!!

OPTIONS ROCK!

GLTUA ;)