Author holds Broadcom call options and hopes to breakeven after losses.
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Today and yesterday, everything rises while Broadcom struggles. I think it’s just because I have $10K in $320 exp 3/20 calls.
In all fairness, I didn’t intend to hold these calls long term. I was scalping ITM calls, got a little overzealous for the drop on Monday, and ended up breaking my own rules with regards to bid thresholds.
I already ate $4500 in losses make the risk more tolerable (I was previously in for $35K which is like 70% of my portfolio), and now I’m holding out hope the remaining options will breakeven in the coming weeks.
Don’t get emotional people.