Replies to post #7822 on Loss to Profit, let's make your lost money back !

[IPRE-Paramount]

Had swapped AXP puts to 1 MA put $160 , paid $12 . This is in the money option.

Quite wild swing...and we are at very close expiration (next Week) .
it may kill traders either you play a call or a put if we pick wrong direction and sell it when pain looks unsustainable and markets do severals opposite reversals.