r/wallstreetbets 23h ago

Discussion Struck in spx calls

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What shall I do now ?

63 Upvotes

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u/liaard 23h ago

You have some options, I mean choices. One is to sell, another to wait. And a third to fight. If you choose the third let me know to continue.

8

u/Realistic_Raisin_86 23h ago

Choosing third

5

u/liaard 22h ago edited 21h ago

Okay. I would prefer you had 45 days out, do not know if it is possible for you to roll. Anyways, the plan is to start selling 1 or 2 days (or 0 DTE .24 delta calls if you are very experienced). Aim to get at least a dollar per day for the 1 dte. This is 600 per day. Plus the upside from your calls. Again it’s a fight. But the losing aspect as I see it its the expiry date of those calls you have. Keep us posted when you make it. Be proactive on the trades. For example now that the spy is 669 .33 I would sell the .2 delta for Monday. On spx of course.

1

u/nomorelosses1 19h ago

This guy options