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/biz/ - Business & Finance

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>> No.15892086 [View]
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15892086

>be me
>get into stocks a few months ago
>lose a bit of money
>get into options about 1.5 months ago
>get into BUYING options about a month ago
>should've exited all positions at the point below
>make my losses back + a few hundred over what I started with this Monday that just passed
>last 2 days losses (realized and unrealized) go to about $5,000
>2.5 months living expenses if I lived alone
>there goes a decent chunk of my savings
>it'll be about another $5,000 if they expire worthless
>have about 1-3 months time for market to dump enough so I can exit and stay away from this

What should I do with my stock options?
>Sell now and confirm about $5,000 in losses
>Hold and it ends up market keeps going and realize $10,000 in losses by January 2020?
>Hold and it ends up market goes down enough to break even or better?

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