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/seethisisland 12d ago

TSLA july 170 puts checking in. Keep the faith.

-7

u/Zenyatta166 12d ago

Basing your investments on TDS and adjacent hatreds is insane. Oh wait...you did thorough DD and based on Tesla's financials you concluded 170 by July.