Robinhood is not great for options. I used to use them but moved over to tastytrade. Not really an ad for them, it's just much easier to set up stop-losses and profit targets, and to roll strikes and expirations on anything other than simple calls or puts. And I tell you what, some stop losses would have been a great idea here.

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Great example why I only sell weekly options. Grab the premium first then work the roll or leave it alone during the week but at least I got paid first.

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Maybe I will just buy back in at higher strike, like roll it up to take profits off the table. I only sold Friday afternoon.

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Historically no this was not the case. The guy tripped over his words but he's correct the US has historically charged 2.5% while the EU has historically charged 10% so 4x (tariffs not VAT, lol) prior to the 2025 increases. Trump flipped that around by raising US rates to 15% on EU cars when negotiations to lower tariffs on both sides broke down and now is apparently raising it to 25% due to EU "non compliance" with the 2025 rates, whatever the hell that means. This is also a move to pressure European automakers outside of BMW and Mercedes to open US plants. They have them here and as such cars that roll out from them are exempt. Same in Europe with US vehicles.

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If it is breaking out you can roll the sell side option out far enough that it changes to a leaps contract. Then your short dated call overlay spread gains much faster on the upside. I buy back the sell side on the first pullback and re asses. Then when the short dated options match or exceed the longer one I sell then buy to close. Then sell the underlying and wait for another trade.

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80k left? so you’re just hoarding the rick roll playlist now? lmao

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If you can it might be worth waiting a few weeks and see if the oil price continues going up due to oil shock rolling in. It won't make it down to 5600 but you might recoup more. And/or you could go ahead and roll it into a more achievable option. This professor and hedge fund manager explains:    [Energy Markets are on the Verge of a Disaster!](https://www.youtube.com/watch?v=ZwpZBo9awbc)

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I think the market gods wanted me so badly to either sell my poet shares or fuck their future somehow. This morning that shit yanked down until i bought back one of my calls then whipped back up quick before i could do the others. Then it did the most annoying mini squeeze ever and i was very tempted to just walk away with some nice gains at that point. That didnt work so they pumped the fuck out of beyond since i litterally sold that yesterday and even stole my joke i posted about the army using their stuff in MRES as an actual catalyst. Spy actually had some decent movement too. Its like they really wanted my ass to sell these damn shares and tried everything possible. They even let me collect on some calls expecting id roll but i let em go worthless. Market is a beast bro im tellin u.

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Over 2k in shares. Let's roll

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