smart ass option trade on HD :)

Gasparov said:
Wow...I wonder if he's still alive.
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It is not that big loss and his position is not huge. One thing that I always ask myself, is that what I would have done if I were him (after getting that loss in less than 20 hours).I mean damage loss.
 
hajimow said:
It is not that big loss and his position is not huge. One thing that I always ask myself, is that what I would have done if I were him (after getting that loss in less than 20 hours).I mean damage loss.
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That's true. It would be devastating to a small trader like myself. He should've paid attention to the weekly chart.
 
Well s/he could roll the position for a $0.60-0.70 credit or close it out for a $1.40 loss.

Personally I would roll it, but I would have probably also gone in naked with a small number of contracts and treated it as a way to initiate a position.
 
These are kind of boring stories to me; every new day in the market...'someone wins, someone loses...money itself isn't lost or made...but transferred from one perception to another' :confused::sneaky:

All that matters is your own account. -- I don't care or think too much about other people's.
Trading is not a team sport; it's just you ....playing a chess or psychological mind game against the big bitch Market.
 
Guy might have made 10 other trades that day and won . These isolated options trades are noise.

Frankly, most of the options guys you see on TV look like they banked when they could rob retail blind, and now are just treading water till they retire.
 
You obviously do not trade options often. He bought 197 spreads for 0,46 each because he aimed for 9000 USD position.
 
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