Man I'm nervous. I like risky options plays, but I am absolutely terrible at developing an exit strategy. It's bitten me before, and I'm chewing my nails off on this netflix put because I just simply don't know when I should exit. Feels greedy waiting, but the upside on it is just massive.
@FreedomATX I don't do options (mainly crypto and forex) but I recently started to *always* use a take profit because it takes that guesswork and nail-biting out of the picture.
@ScionAltera I usually do. This is downright degenerate speculative gambling. I just felt I had enough information to accept the risk.
I really should learn how to use the greeks to assess my risk 😂
@FreedomATX Hey, nothing wrong with having a little fun as long as you know what you're getting into. 😎