Kekeke. The parabolic option against the market is worse than the roulette...It's literally playing a lottery ticket. I hit TSLA option, didn't hit GOOS and TWLO. TSLA option covered GOOS and TSLA equity cover TWLO. The problem was trying to play catch up on YTEN. I had a profit but got greedy and the stock got dumped at the resistance...I wanted to hit a target profit goal and that's not what one should be doing. You simply go with the flow and when the flow moves against you (price action changes from buying to selling), you go with the flow by selling too.
Somedays you win, somedays you lose. The good news is I ended Friday with my last trade being profitable. Today even though I was lazy and didn't take up until 10am (usually 5:30am), my swing play gave me $600 profit...Still down for the month by $160 but getting back in the green. Had I been discipline I would have played VTVT in premarket on clinical trials catalyst and PHUN on volume breakout. You snooze you lose you know. No more option playing until I figure it out better.
Roulette is a 50/50 game if you decide to go that route
But you also got that damn green 0
That gives an edge to the house a little bit
Same with selling options
Its 50/50
But if the stock don’t move
Or move little in decay
You get that green 0 edge
Pretty much, you are the house