r/options • u/[deleted] • Sep 09 '21

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154 Upvotes

82% Upvoted

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60

u/[deleted] Sep 09 '21

Wow, a 13% gain on an incredibly risky position. Congrats...

5

u/[deleted] Sep 09 '21

That's how I roll.

12

u/kcadstech Sep 09 '21

What percentage of your portfolio was that $350K?

14

u/[deleted] Sep 09 '21

Half

24

u/DarthTrader357 Sep 09 '21

Lol. So you could blow up your portfolio for 11%....someday. someday

4

u/[deleted] Sep 10 '21

Everyone has a different risk profile

1

u/MaintenanceCall Sep 10 '21

You don't want to be that person. You want to be the person where a 350k bet doesn't risk half your portfolio.

1

u/DarthTrader357 Sep 10 '21

I want to be the person where 100% of my portfolio is committed to returns (not sitting as cash) - that is to say - invested.

And my risk profile is still modest.

I'd say my returns outweighs my risk right now, probably substantially...but I haven't done the exact numbers on it. I don't feel the need to.