It felt like I got nuked on those, I was in SPWH & NIO, though you forgot RL that expired worthless and I am glad I did not get in on the other 4 as I am so upside down on all our bank puts that immediately went to $500-$1000-4000 upside down. A couple are starting to turn but all your puts should have been calls...
It would have been nice if we knew about the bank rally ahead of time so we could have waited to place our bearish bets on them, but I wouldn't have bought calls on any of them based on the data (the amount of underwater securities on their books, the likelihood that they'd tapped out the federal bailout facility, etc.).
Is it possible to let us know when you exit spreads as I had it set higher as suggested and it never hit it. I would have been a happy man to get 38% vs total loss.
It felt like I got nuked on those, I was in SPWH & NIO, though you forgot RL that expired worthless and I am glad I did not get in on the other 4 as I am so upside down on all our bank puts that immediately went to $500-$1000-4000 upside down. A couple are starting to turn but all your puts should have been calls...
I didn't forget about RL; I exited it for a 38% gain on June 1st and listed it in the June 2nd Exits post: https://portfolioarmor.substack.com/p/exits-622023
It would have been nice if we knew about the bank rally ahead of time so we could have waited to place our bearish bets on them, but I wouldn't have bought calls on any of them based on the data (the amount of underwater securities on their books, the likelihood that they'd tapped out the federal bailout facility, etc.).
Is it possible to let us know when you exit spreads as I had it set higher as suggested and it never hit it. I would have been a happy man to get 38% vs total loss.
Sure, I leave a comment on the original trade alert post as soon as I exit. With RL I did that on June 1st.