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I accidentally bought $62 put for BUD that expires Friday

I have no idea what I’m doing and immediately after buying it I lost $15. I am worried I’m gonna lose my $145 investment. I only bought because their earnings come out Friday. Am I gonna lose all my money? https://i.rdrama.net/images/16830539222786658.webp

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>I am worried I’m gonna lose my $145 investment.

Richest /r/thetagang subscriber.

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think about how many funko pops you could buy with $145!

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Why even mess around with options? Might as well hit the casino

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Some Jane Street intern is laughing at you rn for actually filling him

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Darn it’s really that bad huh

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It’s not bad it’s just a bit dumb. Just educate yourself a bit or buy levered ETPs if you wanna express an opinion but you cba learning options.

Definitely don’t do anything of size if you made a move that instantly lost you money on paper and you don’t understand how or why that happened.

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It's 5% away from breaking even. So, if you think it's going down 5% by Friday you might as well keep it.


:chad!black2: :marseybear::marseyrefrigerator:

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Their earnings come out pre market and it’s gonna go down because trans lives matter to everyone except bud light drinkers so I am optimistic. Thanks for explaining (I’m r-slurred)

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The dividends are also paying out tomorrow. The price usually drops after that.


:chad!black2: :marseybear::marseyrefrigerator:

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Do you think I’m fricked lol idc if I lose 145 I guess I just don’t wanna lose 145 instantly for being r-slurred

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Short term options are a coinflip. You could get a lot of money if it goes down 10% (which is not unheard of after earnings) or you could lose it all.


:chad!black2: :marseybear::marseyrefrigerator:

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Let’s say it doesn’t go down and it goes up or stays the same will I lose all my money or just a little bit of it

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If it doesn't strike (go below $62) then you lose everything. It's actualized value is one penny for each penny below $62 times the number of contracts you bought. It looks like you bought 100, so each penny = $1.


:chad!black2: :marseybear::marseyrefrigerator:

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Now first and foremost I'd like to make it clear that I DO NOT exactly “like” President Biden or live in the US, but I tolerate him because I know he is the current most logical and best working option for President. But for frick's sake I swear Trump supporters must keep fricking bashing their heads with a hammer each day to be so stupid and braindead as to spread their toxic hate on every single fricking Biden and/or Democrat video they see. I can't really be arsed to like the videos myself but they can sure as frick be arsed to dislike them. The like to dislike ratio on White House videos is fricking tremendous. If they allowed comments who fricking knows what disgusting rightie Nazi shit might be there. Every comment like it should be DELETED. This fricking extends to the current cabinet as for example Dr Rachel Levine has been receiving disgusting transphobic comments on her videos. The sight of this shit just fricking makes my blood FRICKING BOIL. If I could I'd fricking sort these c*nts out myself one by one. I bet I fricking could. They're all fricking weaklings anyway. Weak enough to fricking dislike bomb their own good President. Fricking twats.

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