lolchops

SPY huge losses with wrong adjustments

AMEX:SPY   SPDR S&P 500 ETF TRUST
So many bad decisions here, how to unpack it.

had the 280 calls that the market absolutely obliterated, was way in the money. instead of doing like I learned and NOT moving the challenged side, I sold MORE calls at 285 which is also went through. I then sold puts at 283 which expired OTM but suffered a major loss. Lesson learned, don't adjust the challenged direction!!

SPY 26 credit , sold for 198 = $172 loss
nice work! Leave us a like aswell mate :)
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