Recent comments in /f/wallstreetbets

Mysterious-FIT t1_je2mxyr wrote

Reply to Slaughtered Like a Pig by Sharp-Direction-6894

To strictly enforce the stop-loss and take-profit, turn how much flat, how much loss flat how much, general trading strict market such as futures, foreign exchange, foreign exchange market and other market buy time will set stop-loss and take-profit, the market rules do not allow us to set, then we have to have expectations in their hearts

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vice123 t1_je2ml4g wrote

Reply to What is a sucesssful rate of return for an options trader. by Aimadness

Rate of return will vary greatly depending on your trade style and account size. I don't know what the benchmark is, but I personally consider 1% monthly growth to be very manageable with short options, not including any other income like dividends and interest on currency positions.

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MammothLover21 t1_je2hql7 wrote

Reply to comment by hishazelglance in It’s about time Signature unhalted by hishazelglance

Why would you sell the option? You could have just exercised them for $49.75 each.

Unless you couldn’t acquire shares. In which case you paid $300 for each contract for someone else to immediately buy and exercise your contract on another platform.

You could have opened a fidelity account and bought sbny. Then sold your option to yourself and then exercised. Extra $300 per contract for not much work.

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