I caught the bull trap earlier this week and was able to sell a $59.92C 4/16 for $5 profit, so fucking glad I did that...but my 70c 1/21/22 on the other hand... I had a chance to sell for a 10% loss but for some goddamn reason, I didn't fathom saving myself like my 4/16 call. 40% down on a leap, I'm gonna fucking average down. I'd really rather have that extra $600 to buy this Cali
fire sale lol.
Moral of the story: Leaps may seem like free money, but sometimes it takes away other opportunity costs as it requires more capital upfront.
Will be doing an ARKG
palm reading over the weekend, I think it's an ICLN
situation right now. There was an insane volume
spike, driving the price up.