To The Moon

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🧐 What I Could Have Done Differently

1️⃣ Selling Too Early = Leaving Massive Profits on the Table 💰

• While taking profits is always a smart move, exiting too soon meant I missed out on a huge rally.

• If I had held onto my shares, for long term call at $31 my $3,000 investment would now be worth $9,100, nearly tripling my capital.

2️⃣ Selling a 2-Year Put at $91 Could Have Been a Game-Changer 📊

• Instead of exiting early, I could have sold a long-term put at $91, collecting a massive premium while waiting for potential assignment at a higher price.

• This would have allowed me to benefit from time decay and stock appreciation simultaneously.

3️⃣ Balancing Risk and Reward: The Fear Factor ⚖️

• It’s easy to say “should have, could have” in hindsight, but the real takeaway here is to trust my analysis and not be afraid to take calculated risks.

• If my conviction was strong, selling a longer-term put at a higher price would have been a better way to stay in the trade rather than exiting completely.

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📈 Trade Summary: A Valuable Lesson in Holding for the Long Run

This experience teaches me that sometimes playing it too safe can cost more than taking a bold but well-calculated risk. While I made a profit, I now know that trusting my strategy and considering long-term options strategies—like selling deep out-of-the-money puts—could maximize my gains.

Next time, I’ll dare to hold longer or structure my trades better to capture the full potential of a stock’s move! 🚀