Up 482% on GE 3/15 $12 Puts. Hold Through Earnings on 1/31?

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Am I a dumbass for holding through earnings on 1/31? GE is still a shit company IMO, but I’m worried about slight positive news bumping them up and only leaving me a month left before expiration. Though these puts are my only hedge against a bear market continuing.

Maybe roll them into longer dated puts?

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UnvaluedInvestor

Odd for this subreddit but oh well. Pick what you want to “settle” for so you can keep playing.

I sell just enough to cover the original cost x 2. Then let the rest roll to possibly retire.

Hasn’t worked yet.

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changedude

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Posted: 5 years ago
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