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AXSM

Axsome Thera

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I bought those calls in August 2025. Funny story as to why. I was first getting into trading in 2023 and was talking about flipping $2 stocks that I thought would double. So I was trying to double 1,000 dollars. My friend said I was dumb and told me to buy AXSM because he did research. It was $74 a share so I bought 13 and then sold immediately because I didn’t think it was good (he put in 10k). Fast forward to 2025 and I learned about calls and was doing ok on some tech stocks when I remembered AXSM. I did slight research and I’m a sucker for these articles (googles AXSM and hit the news tab) that say the stock could go up. At the time they were saying as high as $260 a share. I said fuck it and bought the longest call I could. Then I started hearing about the FDA stuff and heard they had a mile point at 4/30/2026 and my goal was to hold until at least then. Pre-conflict I was +20k and my wife got mad when I didn’t sell and gave me the eye when it dumped to +7k. But today (I was tempted to hold longer) I decided to take the win and see where I can invest next. I dabbled in futures and got my butt kicked so not there. Overall I started with 15k last year and am at $61k (now with a large tax burden)
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