I did much worse

来源: 2019-01-01 14:10:19 [旧帖] [给我悄悄话] 本文已被阅读:

My accounts have been doing fine until Middle October (15% up). But after that, FAANG dropped too much, and since I was selling the puts, I was getting margin calls again and again. Finally, I had to cover all the puts at much higher premium. Even worse, after that, I put all the money into QQQ options, and with 11 down days in a row, I was basically wiped out: 100,000 dropped to 37,000

I did much better even in 2008. Never heavy position in options!