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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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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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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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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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