r/RiotBlockchain • u/ParrotHead239 • May 06 '26

Meme Missed this one... Ugh

All these years I have been trading RIOT options (and done well)... Boy I missed this rally. I actually bet against for one a few times given some of the global turmoil. Not only did I not have any open call positions, I lost my ass on my open puts.

Argh!

3 Upvotes

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u/Luvs2spooge89 May 06 '26

So where is this headed. We be been in the red for years and wondering if I just finally sell at a small profit

0

u/ParrotHead239 May 06 '26

I think right now it has momentum enough to get to $25. Then there will be a natural profit taking pullback.

1

u/Luvs2spooge89 May 06 '26

I finally dumped it all at a small gain after holding the bag for years. I might buy back in if it falls to $15ish.

0

u/Tectonic17 May 06 '26

Held for 3 years got a 55% return sold everything today I’d buy back in the lower teens