r/wallstreetbets • u/OSRSkarma Flipping at the Grand Exchange • Feb 21 '25

Earnings Thread Weekly Earnings Thread 2/24 - 2/28

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u/americanbreakie Feb 27 '25

Sooo.. I kept dollar cost averaging and am officially 33% invested in ACHR 1DTE calls​

4

u/Affectionate-Rock729 Feb 27 '25

I would probably sell it now man not worth the risk cut your losses. IV is too high you are going to get IV CRUSHED! Look what Joby did! Believe it or not selling your position for a small loss compared to a bigger loss is a win. If you want to gamble buy RKLB calls Strike 22 exp next Friday has much more upside and calls are affordable

2

u/americanbreakie Feb 27 '25

I read this yet went and bought 50 more $9c 2/28. Guess I will learn my lesson the hard way… how’s this such a horrible deal though?

I pay $2,000 (on a $4k portfolio) and IF the stock goes up 15% in 1 day, I make another 2 grand.

Let’s say I’m dumb. It’s not like I’m 1 of 3 persons who traded this option today. The volume is insane!!

1

u/Affectionate-Rock729 Feb 27 '25

RIP legend I was pulling for you I have calls too but mine expire in April

2

u/americanbreakie Feb 27 '25

Oh boy we are ducked 🦆

1

u/PsychologicalPrize66 Feb 27 '25

How confident are you in rklb?

3

u/Affectionate-Rock729 Feb 27 '25 edited Feb 27 '25

Not that confident which is why I said “if you want to gamble”. With the recent news of possible delays on the next launch idk if thats going to be true or not. If its not its gonna 🚀

Edit: And it blew up lol RIP Share holders that was a wild ride!