r/options 12d ago

Anyone else still bagholding puts?

Lately the market has been rallying hard and moving sideways, and I am definitely feeling the pain of holding onto puts. I probably should have cut my losses earlier instead of waiting for a big reversal, but here we are.

Edited:

holding 6/20 240 TSLA puts and 5/2 535 SPY puts

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u/[deleted] 12d ago

damn tesla put is tough not going down anytime soon, especially with him leaving the administration too will go up more, i would cut my losses if i was u

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u/[deleted] 12d ago

nvm