NLOK

[asifmy]

I am in for NLOK @2.21 for Jan 2023 $25 Call

Anyone?

[extra123]

I am as well.

[Triplethought]

I am in for NLOK @2.21 for Jan 2023 $25 Call

Anyone?

Yep I'm in at $2.40

[Investor87]

I’m in at 2:30

[extra123]

I am in at 2.25l.

[MarkD]

Ditto. A bit higher at 2.55

[AstuteShift]

Given the time premium, don’t worry so much about the price you got in as long as the stock hit SOLs target price

Theta decay is very minimal here and cyber security will be a big thing later on as AI advances

So let’s see

[caseyh1981]

Paper trading! Got in at $2.40

[djanderle]

I got in at $2.36
I'm getting more comfortable with options but I still just buy small amounts.

[SlimBarnfish]

I'm in at 2.65

[SOL]

Paper trading! Got in at $2.40

Paper trading and then starting with small amounts is the way to go. What I noticed about options is that when you don't care you tend to win more. Having said that one should also be mentally prepared to lose some option trades because it will happen sooner or later but the key factor to keep in mind is that when you lose you can only lose at most 100%, but when you win the sky is the limit. For example, you buy Jan 65 call on Stock ABC for 100 bucks. The stock tanks you lose 100, the stock doubles in price and you could be sitting on gains of over 1000%.

[Budge]

Paper trading! Got in at $2.40

Paper trading and then starting with small amounts is the way to go. What I noticed about options is that when you don't care you tend to win more. Having said that one should also be mentally prepared to lose some option trades because it will happen sooner or later but the key factor to keep in mind is that when you lose you can only lose at most 100%, but when you win the sky is the limit. For example, you buy Jan 65 call on Stock ABC for 100 bucks. The stock tanks you lose 100, the stock doubles in price and you could be sitting on gains of over 1000%.

Proposition: Is it better to paper trade or jump in with both feet? Discuss.

I favor the latter because of the heart pounding feedback and incentive to get it right. With paper trading it's too easy to say: "Well, it's only a paper trade."

But then you might have a different view/experience.

[AstuteShift]

Paper trading! Got in at $2.40

Paper trading and then starting with small amounts is the way to go. What I noticed about options is that when you don't care you tend to win more. Having said that one should also be mentally prepared to lose some option trades because it will happen sooner or later but the key factor to keep in mind is that when you lose you can only lose at most 100%, but when you win the sky is the limit. For example, you buy Jan 65 call on Stock ABC for 100 bucks. The stock tanks you lose 100, the stock doubles in price and you could be sitting on gains of over 1000%.

Proposition: Is it better to paper trade or jump in with both feet? Discuss.

I favor the latter because of the heart pounding feedback and incentive to get it right. With paper trading it's too easy to say: "Well, it's only a paper trade."

But then you might have a different view/experience.

It’s never wrong to practice and options is for the advanced trader. It’s very easy to lose or get sucked in to looking at your options al the time and that’s a recipe for disaster.

Take your time, if you start to feel fear or euphoria then it’s time to stop what you’re doing when you start. You always want to have emotional balance and be deattached when dealing with leverage instruments

One case example was me with the TESLA and BABA puts, I was getting way too anxious and constantly monitoring so I got out of the trade. The stress is not worth it and the market always have some other opportunities to take advantage

[ultramartian]

I got in @$2.40.

[Triplethought]

I got in @$2.40.

Nlok currently down. Can't find a good reason for the decline. I may double down tomorrow if it keeps shitting the bed. Calls are down to $2.04 so if you didn't get in you may want to.