It's my first options trading on Moomoo. Of course I have experience trading options at TD Ameritrade and losing some money. Been waiting for Moomoo to start options. Thank you Moomoo for that opportunity. I bought PDD and BABA and total profits was 450 on Tuesday I did not sell. To my horror my profit became losses of around 1,650. I hanged on knowing surely it will bounce back. Seeing Nikkei and Hang Seng gave me confidence. Then CNN premarket showed Nasdaq more than 280 points up and Dow Jones about 200. When market opened my total assets of about 2,300 shot up to 7,500 at one stage. That's a few hundred percent. So in order not to be greedy I quickly sold two Baba lots at around 5.50 and 6.80. I had 10 lots at the beginning. The day before I sold 4 lots to bring down to less. Cannot refer while I'm typing. Kept two more. As for PDD I think I own 4 lots. Sold two beginning of market opening on Thursday. Then sold at 16 and another at 17. At time of writing I saw it was over 19.
I don't know how to buy options yet without buying the mother share. You can see for each I will buy a mother so that I can buy options. Waste of capital. Now I think can buy options straight away. Now that I can see in the picture my cost of Baba call options is 1.99 each while PDD was 3.25. How many percent? Happy options trading. I'm lucky I waited after Wednesday's drop.
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Moo Options Explorer : Very nice profit, congratulation!![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)