Somebody break down what’s happening to a 5 year old
The power of option.
stock moved up 'only' 112%. but in option, it's not about the % the stock moves, it’s about how deep ITM that call went. KSS.
This was basically a cheap ass lotto. .12 cents 10 contracts. so that's $120.
And nilly had 19000% banger with TSLA, but sold it too soon at only 1000%. I mean dude passed up 19k% bagger for a chump change.
It's not too late to join. Our next goal is 50k.
If you got a small port? that's fine. just follow small. If nilly buys 10contracts? just buy 2.
with 10k, nilly gonna go bit more aggressive.