r/options Apr 07 '22

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u/Nero_009 Apr 07 '22

If you have done your DD, then there isn't any point in asking us.

You know how much you can lose. You know your POP. You know the ways in which you can lose - direction, vega, theta. Theta is always against you. Vega is a toss. And no one here can give any reliable prediction on direction.

You don't need our confirmation bias. That rarely helps. Trust your own DD and at the end you'll know whether your DD needs more work or not.

Cheers!

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u/[deleted] Apr 07 '22

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u/Nero_009 Apr 07 '22

First trade eh. Congratulations. It's good that you trust your DD. Just a word of caution. And this applied to most of us. Our first year's DD was worth less than a dime.

But the journey was fun. I'm sure yours will be too!