116 upvotes, 3 direct replies (showing 3)
View submission: Was up 6k now down 17k
Selling at open obv depends on what the market opens at on monday, your only real option is to ride it out and hope monday is a blood bath. In the future, esp with the volatility weve been seeing, if you see consolidation forming, consider selling, and if you see the reversal, dump the position. Weve all been there, lesson learned (hopefully)
Comment by Saltlife_Junkie at 08/03/2025 at 14:12 UTC
47 upvotes, 2 direct replies
Good advice. I had to dump my calls for a loss Friday. Switched to puts and made money. Saw the consolidation and went hard on calls. I’m holding nothing over the weekend in this crazy market.
Comment by Jackiemoontothemoon at 08/03/2025 at 16:02 UTC
14 upvotes, 1 direct replies
Yup. This is a scalpers market right now. Take your money and run.
Comment by SKAVENstock at 09/03/2025 at 22:54 UTC
3 upvotes, 0 direct replies
I dumped my put debit spreads the literal SECOND that I saw it reversing, made out like a god damn bandit.