Right idea, wrong strike and exp. This is a short term pop IMHO, long term is sketchy till openAI doesn’t look like it’s going to be the first casualty of the AI “bubble” $222.50/$225.00 debit call spread for 12/12 you’ll make a lot more money, you can buy 15 instead of 5 with $1500, and you’ll make it with a lot less upward movement (needed to move a 9 month 500 ORCL call) for the same amount of downside risk. Or if you don’t had spreads(lvl 3) 12/26 260 calls are only $2.90 rn. I’m with you in sentiment!

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Thanks, key for me I think is knowing your strategy and keeping risk as low as possible.  Actually, I did ACHR and NFLX yesterday as the first I ever did while being somewhat confident in what I was doing. I still sold ACHR early and missed out on the much higher run up but I made something- had the 9SP for 12/31 and wasnt expecting it to hit and beyond on day 1 so to play it safe I pulled out early with profits though. NFLX 112p 1/16 exp yesterday same but that was trickier because it dropped later in the day so I was right to not risk it and just make a few, but it taught me a lot about what can happen had I kept it in and not secured a little profit. If and when I do them, Im going for day trading first with the option to hold if Im real bullish. I realized today not to hold over the weekends for now even if bullish, it would suck to wake up Sunday or Monday and be deep red and worried about it.  Its definitely something I would only do if extremely bullish or see a great opportunity on a good pick. But when I didn't know what I was doing with them when I started I would get crushed and have so many regrets, probably holding too long too, for one.

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It's pretty stupid now that I see it clear. When I first started, ppl would say things like leaps and had what seemed like confusing strike prices and exp dates. When id go into the options link, it looked like hierogliyphics. Then the cost of it, etc simply confused me with what you pay up front especially for more expensive ones. The key for me personally was finding out a way I could be comfortable with my choice. Its one thing to know what strike you want but dates and varying different costs for earlier or later dates confused me as to which one I should get. I paper handed a few over the summer finally to see what happened and it kind of made 'some' sense but I still stayed away to keep risk lower (this is where I wouldve done great if I knew exactly how I should do it bc market ripped obviously).  Anyway, its stupid bc every time I went into the options, I always honed in at first on the breakeven price, originally volatility, and just dates and numbers. I'd always play with the simulator at the bottom but I couldn't understand what the objective was with the different dates, aka time decay. I just didn't get the best strategy to use with so many choices, not to mention what my strategy would be once I purchased them (wait to expiration vs sell on a fast runup: this was the key). So yesterday into today I finally saw the simulator when you first enter- usually I got the simulator on the final screen before purchase. It was way more user friendly and suddenly it clicked- my strategy clicked. So just like that I began comparing dates and prices at the SP on those exp dates compared with 0 days and now I understood it, while just practicing a bit yesterday.  Before this, I was so inexperienced that I was afraid to do nflx options for example bc the SP was over 1,000 so I thought 100 of them would take thousands out of buying power I needed for other stocks and I didn't feel comfortable with the idea of that. Thats not what I made my money on today but yesterday I made some on nflx which was the first step in trying that (after a year of looking it over and not getting it). My strategy now is to pick a call that I have a good chance to day trade, but if it doesn't run good on day 1, then have an exp date where im very confident it should hit that strike price for a relatively longer hold and still good certainty. I was so inexperienced at first I actually thought that you had to hold until the expiration date no matter what or you might get penalized for selling too early lol.  I still need to learn what exercising them means and a bunch of other things but I am sure I understand Calls and the charts and performance now. 

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This would be me if I went for weeklies instead of June exp 🤣

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How did you decide on this strike and exp

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Damn bro I wish you were printing right now cause that means I would be too. Im down to nothing and have to go back to construction for a little bit 😂. You still have a chance with next week exp at least mine were for today. I Had calls exp yesterday and puts for today. My biggest problem is being too early bro, fuck I get so pissed. I worked on being patient and got good entry’s that would have been a wash instead of a loss if I didn’t have pdt rule. I had a “great overall look of market” and was making good money until spy traded in the 682-4 range for 3 days and kept wanting to breakout. Started thinking like Black Rock and whoever just out here manipulating the market cause everyone is posting excitement for something to happen. It’s definitely big smart moneys fault they didn’t give it to an intelligent investor like myself 🤓 Seriously though that messed me up and now that I learned the lesson and I’m all excited I gotta wait til my deposits hit again 💔 Again you still have time for it to drop so i hope you make your money back bro and best of luck

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Market shrek cocks and for sm reason im holding aapl calls exp next week. What am i doing.

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My 675P with Monday exp are looking not so bad

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why didnt you buy the longer exp? i bought the 20 strike May '26 calls before earnings and they were cheap, like a dollar or something.

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Spy you 690 and 700c 1/2/26 exp

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