HOOD: managing a losing trade.
Had shorted HOOD few weeks back through short calls and run the risk of getting assigned when HOOD broke out to the up side on very bullish crypto market and other bullish catalyst.
Decided to roll out further by 2 weeks to buy more time, and higher strike by $2 to $87 to allow some upward adjustment. Realistically at some point if the stock keep rising, then I will decide to close and take loss and move on.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Credit Close | -0.15 4 | -- Closed |
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- JimmyHua·2025-07-18Shorting is always risky. [Heartbreak]LikeReport
- AL_Ishan·2025-07-17Ouch… Mind your risk for this oneLikeReport