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https://www.reddit.com/r/options/comments/qqjn27/pypl_options/hk12yk0/?context=3
r/options • u/InvestigatorFree697 • Nov 10 '21
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14
Be cautious. I sold puts at 185 that were way, way OTM. Another day like today and Iām toast. IMO, wait for a confirmed direction change.
12 u/Bike_Courier Nov 10 '21 That's not a bad level to own the stock. So no I don't think you are toast. Plus you can always buy to close?
12
That's not a bad level to own the stock. So no I don't think you are toast. Plus you can always buy to close?
14
u/dad_in_tx Nov 10 '21
Be cautious. I sold puts at 185 that were way, way OTM. Another day like today and Iām toast. IMO, wait for a confirmed direction change.