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re: Options Trading Thread

Posted on 2/5/24 at 8:39 am to
Posted by BCreed1
Alabama
Member since Jan 2024
1670 posts
Posted on 2/5/24 at 8:39 am to
quote:

You have to close that bear spread to make money which I assume you have not done. Basically, there is no point to buying a put spread on a stock in an uptrend, its a waste of money, unless you are hedging. It might work out for you this time...who knows...



Made 40% on the put spread.
This post was edited on 2/5/24 at 8:41 am
Posted by thatguy777
br
Member since Feb 2007
2393 posts
Posted on 2/5/24 at 6:39 pm to
Well done
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