Asts a long term hold as well?

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Hah I was buying in the $1-3 range for years but basically doubled down in the $.50s when it got there. Derisked my overall position between $8-10 and left some of my $.50 buys to ride it out long term

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I originally had a $1.15 average but sold a bunch around $8-10 and wanted to keep a little to see what Kaz ends up doing long term with OPEN

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What's your price target long term?

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Hindsight is 20/20, but perhaps you could've only sold 5 given your plan to buy back upon the dip that didn't happen...your timing turned out to be unfortunate, since ASTS starting running away around June 6th. Otherwise, you might've sold 15 at a far higher strike, say 50, if that was available at the time. While your premium would've been much less, you would've received $75k upon assignment. That would've eased the sting. But maybe you specifically wanted the big premium to buy those UNH calls. Alternatively, you could've sold the longest term leap then available, probably Jan '27 at that point, at a high strike price, with the extra time boosting the premium back up some amount. Again, ultimately you'd have been paid more upon any assignment. EDIT: since some of these were rolls, then I mean you could've rolled into what I referred to above.

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I have tried to buy puts on carvana like many others  . Most of the times I have been slaughtered  It’s one of the most manipulated(at low volume) stock . And most certainly WSB isn’t buying long now.  I do believe there will be an offering soon , likely next few weeks. They have 4.8B debt long term and $700M PIJ debt due in 2026. They have no choice but to dilute 

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How much short term capital gains tax will you pay ?

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Could you work the term “non-parametric” in there just to make it even more triggering?

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Thing is we trade short term 0DTE options here and research like this is not helpful.

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>2 yrs ago That's your problem? Anyone with any exp with options/investing/trading or those in r/thetagang would tell you that "the further out something is, the harder it is to predict". That's why you don't go ultra long on options unless you're fucking sure of it. How would you know that Feds would cut so much, AI would go nuclear, Biden wouldn't run, Trump would become president, liberation day would happen, and/or that corruption/grift would be the new cool kids thing? Answer is you can't. Then there's the being 🌈🐻thing. That's always a tough game to play even for the best of hedgies/traders. Markets are LITERALLY getting rigged by everyone in the American economy for it to go up: CEOs, analysts, bankers, JPow & the Fed, the president, the congress, the judges, the SEC, the states, the governors, the ethics review boards, city DAs, the janitors, ICE agents, illegals chilling outside home depot, Santa Claus (with his rally), Blackrock/Vanguard/Statestreet, private equity, public equity, your mom, me when I'm with your mom, dogs who destory their chew toys, fat cats who gaslight their owners into believing they forgot to feed their cat to get a 2nd helping, etcetcetc. I clearly knew MSTR was an over-valued leveraged con within a leveraged con and thought about buying puts on it this whole year (maybe just to have some insurance in case we got a correction/crash/recession since it was the most overpriced piece of trash in a sea of overpriced assets) but reminded myself the trade off usually isn't worth it. I was right about MSTR, but I'm also not upset for missing out on the trade because my bullish ones worked out just fine. Lastly, you fucked up trying to express that position with calls (hope you had them covered). No pre-defined losses is bad news. I would have gone with selling many short term far OTM puts to pay for longer further out puts. Or maybe just buy puts when I felt it went up too much. TL;DR I'm pretty certain you didn't ask and probably wouldn't have listened to anyone back then. Just like how you won't listen to me now.

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