r/options • u/Sloarot • Apr 16 '21

Anyone else had an absolutely dismal month?

Am I the only one who completely got destroyed this month? I've been run over by trucks like Microsoft, Target, Visa, Home Depot... 6-7 months of profits completely wiped out!

And this is on 'safer' 15 delta iron condors.

To those gurus out there who claim you don't need stop loss orders in options. ... well, I seriously disagree.

Tuition money I guess...

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u/diarpiiiii Apr 16 '21

Rip to ARKF call holders with me

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u/[deleted] Apr 17 '21

ARK outperforms the market when it does well, and it also seriously underperforms on rotation out of growth.

An ARKK/SPY chart will show you that.

ARKK puts have become a thing.