Conservative option strategies, what did you buy or sell today?

[fenders53]

(05-09-2020, 01:47 PM)vbin Wrote:

(05-09-2020, 12:47 PM)john Wrote: Here you go Fenders my defeat story...
About 2? years ago I subscribed to an "expert options course" at least it didn't cost much lol
1st put I ever sold was on NIO  a 9.00 strike was paying 2.00 on the advise of the "expert"
I didn't know what I was doing and watched in horror as it got "put" to me and quickly dropped and settled to around ~$3-4/share
Lesson learned options are bad!!!
Then I discovered this forum and asked a few questions and did some of my own research.
Yes I am happy with the options expiring worthless.
I would have been ok if they had been exercised .
Thanks to all for all the help from everyone, it has been worth every penny I paid for it lol

Part of learning experience. Also you can't win every trade. Even Buffet can't.

For sure.  We have to learn fast and not repeat mistakes or we might as well buy the index and find a new hobby.  Nobody here wants to do that.