Replies to post #24390 on OPTIONS TRADERS CO-OP

[smartone]

yes so true
now it is obvious that i should have stayed in trade

i just fear turing winner to loser plus we haven't had a move like this in a while

[smartone]

Should I have sold DIS puts when the stock hesitated at 103.5?
At 102? At 100.7?

on a day like this of course not

for example yesterday
i had SPY puts right after fed and they went from .68 to 140
i got out at 1.31 and within one 5 minute candle there was reversal ..
i would have lost all my profiit if i had not left the trade when i did