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Thought it was going to be a higher profit but IV crush killed the upside.

Another lesson in the importance of volatility and the Greeks in options trading.

Still better than a slap in the face! [Tongue] $LULU 20250613 240.0 PUT$ [Facepalm]

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AlvinBell
·06-09
Learn and adapt
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NullNull
·06-09
Congrats
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[Tongue]&nbsp;&nbsp;<a href=\"https://ttm.financial/OPT/LULU 20250613 240.0 PUT\">$LULU 20250613 240.0 PUT$ </a>&nbsp;[Facepalm]&nbsp;&nbsp;<img src=\"https://community-static.tradeup.com/news/b6f34f538b35e79187c755cd9d79be7e\" tg-width=\"906\" tg-height=\"1459\"></body></html>","htmlText":"<html><head></head><body>Thought it was going to be a higher&nbsp;profit but IV crush killed the upside.&nbsp;\nAnother lesson in the importance of volatility and the Greeks in options trading.\nStill better than a slap in the face! [Tongue]&nbsp;&nbsp;<a href=\"https://ttm.financial/OPT/LULU 20250613 240.0 PUT\">$LULU 20250613 240.0 PUT$ </a>&nbsp;[Facepalm]&nbsp;&nbsp;<img src=\"https://community-static.tradeup.com/news/b6f34f538b35e79187c755cd9d79be7e\" tg-width=\"906\" tg-height=\"1459\"></body></html>","text":"Thought it was going to be a higher profit but IV crush killed the upside. Another lesson in the importance of volatility and the Greeks in options trading. 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