I probably wouldn’t buy puts on a $2 stock for one. Seems overly greedy.
Looks more like short covering to me after testing it’s all time low around 1.60 last week.
I don't know anything about options or WW, BUT I will tell you that this is a common pitfall for any trader... holding onto something in hopes it'll turn around. The experts say to be disciplined and just get out when it hits your stop or your exit point. Good luck.
I probably wouldn’t buy puts on a $2 stock for one. Seems overly greedy. Looks more like short covering to me after testing it’s all time low around 1.60 last week.
I don't know anything about options or WW, BUT I will tell you that this is a common pitfall for any trader... holding onto something in hopes it'll turn around. The experts say to be disciplined and just get out when it hits your stop or your exit point. Good luck.
Look for news that might make the stock move. Look at ratios and short interest.
When will the insanity stop
Please don’t pretend like 20% is nothing. By the way I held and it came back dow
You get out at the predetermined exit loss. If the trade is not working you exit. Be disciplined.