fulldouche
fulldouche t1_j9pgfem wrote
Reply to Why don't you just give up? Generally once people lose 50% of their investment they give up and sell everything. by [deleted]
Where to begin on this one...
First, mom's an EXCELLENT cook so why wouldn't I want to eat that?
Second, everyone knows that repeatedly trying the same thing and expecting totally different results is the definition of sanity. Like Einstein said that or something.
Third, if you don't chase your losses how can you ever turn them into wins, duh! Roll the dice often enough eventually your number will come up. Like Gretzky said, you miss out on 100% of the 0FTE FD Calls you don't buy, or something like that.
fulldouche t1_j9cfbto wrote
You hate on Carvana all you want but I bought my Maserati from them! They delivered that beast to the front door of my cardboard box behind the Target and everything! Calls for life because of that.
fulldouche t1_jae08pj wrote
Reply to comment by Ill-Strength4570 in Microsoft deal with Activision by Positive-Trifle3854
If it's a call debit spread, that's exactly the point - buy the 90, sell the 95 - provides a capped loss if things go to hell while maximizing gains if it goes through since as you pointed out that 95 sold call will expire valueless