So, I just have to vent here.
I am brand new to options. This was one option. $.80 call. $80 would be harmless to me. Good one to try this out on. It went to $4.60 on Friday, so I sat on it over the weekend. Then came the news that China was ####ing with the deal. Monday morning, it starts dropping, so I figured they killed it. Sold at $2.50. I mean, 212% profit. Awesome, right?
This call, as of this post, is sitting at $10.90. I just missed out on a $1000 payday(AND STILL GROWING) because I got scared. I’m not looking for pity, or even advice. I just needed to type this out somewhere so I don’t go home and kick my cat into next week.