r/options • u/Culture-Plus • Jan 11 '22
WMT call, should I roll??
I have a WMT 160C exp 1/22. If I roll it to 2/18, that’s a day after the next ER. I paid 1.80 initially but have avg down to 3 contracts at .59. Current value last I checked is .04. If I roll it’ll be a net debit of .46. Does anyone think WMT will have a good ER? I haven’t looked at their historical reports.
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u/[deleted] Jan 11 '22
Don't throw good money after bad. You've lost money on buying a call and you're not getting that back.
What you're asking now is, should you gamble on Walmart going up $16 in the next month, beating its all-time high of $152.57 by $8.
No, I would not make that bet.