To be fair…
With or without the infant you would have eventually done the same thing. Trading options ALWAYS leads down one road in the end. Some get to take the high road and witness the scenic view along the way but they always end back up traveling down the same road in the end.
I’ve been way up and way down and way back up again and way back down again trading options over the years as well.
Very few ever withdraw the money and buy something practical..something tangible..
it’s good that you took the 20k out though. The responsible thing to do next time your on top, if that ever happens is to remove ALL of the money, immediately pay the taxes (doubt you paid the taxes on e 20k ). And go buy something tangible. But you won’t. Atleast 99.9% of gamblers won’t. That’s what we all are when we “trade” options. Gamblers…
The weekly MSM articles titled “fOrGeT aBoUt g M E aNd BuY tHls InStEaD” and the mods’ aggressive censorship don’t seem to be working… but are actually having the opposite effect?
#TLDR
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Ticker: META
Direction: Up
Prognosis: Buy shares and sell Puts (OP is holding shares @ $611 and selling Jun 12 $585 Puts to load up on the dip)
Price Target: $825 by Q2 2026, approaching $1,000 by late 2026 (assuming a 30 P/E ratio)
Irony Level: High. "I'll keep it short" — *proceeds to post three massive spreadsheet tables*