0.02Open0.03Pre Close11 Volume1.21K Open Interest36.00Strike Price12.00Turnover4592.93%IV17.11%PremiumDec 20, 2024Expiry Date0.00Intrinsic Value100Multiplier-1DDays to Expiry0.01Extrinsic Value100Contract SizeAmericanOptions Type0.0137Delta0.0165Gamma3075.00Leverage Ratio-40.7384Theta0.0000Rho42.13Eff Leverage0.0000Vega
WarlockofWallstreet : this helped me out a lot and puts things into perspective. it's best to cut losses asap rather than have big losses. At minus 97%, you will need 3222% gains to break even.
ex: you have a 10k account. You only use 10% =1000$ per trade. Cut losses at -10% to max -20%. that's 1% to 2% of your account.
JaydenTan : Everyone has their own styles of playing. I'm a fan of SQQQ but I had let it go at 30 at a loss when I saw it might go down to 28, 27. It did.
When I saw it will go up to 30 again and possibly higher. I get in again. I hold it till 33+ . When I see it should come down soon, I let go again.
Now the price is pretty cheap again, I shall study it again and gets in anytime if there is any potential. That is how I play this counter.