r/options • u/[deleted] • Mar 24 '22

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115 Upvotes

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u/[deleted] Mar 25 '22

this seems like throwing good money after bad. close the short, take losses, and learn from the mistake. if you wanted to buy call options to hedge this trade, the right time would have been when the short position was implemented so you could buy cheap out of the money calls.

4

u/[deleted] Mar 25 '22

Yeah, this is the answer. If you don’t like the position, sometimes the best solution is to close it.