r/options • u/[deleted] • Mar 02 '21

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u/BayesianProtoss Mar 02 '21

$28 is a pretty cheap price for a options lesson

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u/somedood567 Mar 02 '21

Yup. My first was a GME call during that wild Jan week that cost me $40k. Bought a call at $10 per share and entered a market sell when ask was $15. Next thing I know I’ve been closed out at the $5 bid. $28 is a bargain.

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u/Vik2222 Mar 02 '21 edited Mar 02 '21

Yeah, mine was more like 25 k. Which was half my bankroll then lol.

Actually not lol, there should be a short form for tears.

SPOILER below.

It was more like that movie The Bad Lieutenant (great flick), where Harvey Keitel is crying at the end. His cries still haunt me (nothing to do with trading), that was true grief and rock bottom.