Welp
My LEAPS and calls tanked overnight.
Since it was about 90% of my portfolio I took almost a 30% hit on my entire account (not as bad as I expected).
These are the risks that we take when buying options, beginners fail to realize.
They see huge gains but what happens when your bias fails and price goes against you?
This is what trading is, there’s no room for emotion, only logical reasoning.
I have high conviction even now, which is why rolled my LEAPS into 90 - 180 dte calls on this opportunity dip.
If it goes lower, so be it. But in a month max I am convinced I will not regret this decision.
