05-09-2020, 12:47 PM
Here you go Fenders my defeat story...
About 2? years ago I subscribed to an "expert options course" at least it didn't cost much lol
1st put I ever sold was on NIO a 9.00 strike was paying 2.00 on the advise of the "expert"
I didn't know what I was doing and watched in horror as it got "put" to me and quickly dropped and settled to around ~$3-4/share
Lesson learned options are bad!!!
Then I discovered this forum and asked a few questions and did some of my own research.
Yes I am happy with the options expiring worthless.
I would have been ok if they had been exercised .
Thanks to all for all the help from everyone, it has been worth every penny I paid for it lol
About 2? years ago I subscribed to an "expert options course" at least it didn't cost much lol
1st put I ever sold was on NIO a 9.00 strike was paying 2.00 on the advise of the "expert"
I didn't know what I was doing and watched in horror as it got "put" to me and quickly dropped and settled to around ~$3-4/share
Lesson learned options are bad!!!
Then I discovered this forum and asked a few questions and did some of my own research.
Yes I am happy with the options expiring worthless.
I would have been ok if they had been exercised .
Thanks to all for all the help from everyone, it has been worth every penny I paid for it lol