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Give me an idea of my options [JNUG might screw me]
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Johnnybeachboy is in JNUG might screw me
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Hello,

I'm not sure what responses I'll get but I made a big booboo today when buying my stocks for the first time and hesitating on options.

I bought 125 JNUG shares on average for $4.24/share and now the fund is going to move down from a 3x to 2x, from what I learned during college that's bad for the short term which I was intending to capitalize on.

I missed out on buying a VERY cheap Starbucks put at $1.77 where I would've gained a few hundred dollars. Now I'm porjecting I'm $100 in the hole if I sell my JNUG stocks.

I feel I have.a good intuition on how options look regarding the gammas and general interest and volume after doing some research/remembering college courses.

Would it be wise to buy Starbuck puts in the morning to catch the freefall from their store closures? And what would be some options to play smart as I missed the boat on puts today by not following my gut?

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Profile updated: 4 days ago
Posts updated: 1 year ago

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Posted
4 years ago