@jousi_juice@zerohedge As long as its price stabilizes, doesn’t matter IMO. If we see it spiking sharply… run for the hills.
But it broke down today, should trend down…
@EhrmantrautCap_@JohnLoc18 This, but he’s a larp. Ignore him. Screaming for attention. Everyone who’s been in the market long enough knows there’s ups and downs and risk management is essential. Playing close expiration with everything is a surefire way to blowing all your money. Gotta learn eventually.
@b_fromcali @JohnLoc18 Not stupid
That’s just… how it works…
Trading in ascending channel.. sure
Not a bear flag
Come on man, you’ve traded 3 years and don’t know this ?
Not to say we aren’t around higher timeframe resistance, but this post is concerning.
@_Jaideep @jxcx1990 @TrendSpider I would either do weeklies, or like 2 weeks out personally. If assigned on weeklies, sell covered calls. Otherwise, cover if you want or hold. If it bounces, decay should hit quick. If it doesn’t, IV will remain pretty elevated, lowering reward.
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