It is said that he planned to go all-in on options at $580, but failed to execute because of a $1 difference. Here are a few points worth considering:
1. For stocks priced in the hundreds, avoid buying at round numbers. If your target price is $580, consider widening it by $2-3, i.e., around $582 or $583.
2. It's impossible to buy at the absolute bottom—add a few decimal points. For example, $580.32, as round numbers are more likely to attract long-side buyers, reducing the chance of execution at $580.
3. Position management is critical. Starting from $702, $620 was my final entry point, with my position already exceeding 13%—the maximum I can tolerate for a satellite stock. I didn’t average down further during subsequent declines.
4. Going all-in on calls to bet on direction, even with leverage, means winning by luck this time and losing by skill next time—until the principal is wiped out.
Not investment advice, for reference only.
Waiting for the rose of time 🌹
581 didn't go all in on options to buy you
It's the most regretful thing in my life
I had already identified the bottom
Fate gave me the chance
But I didn't act (mainly because I was out of money and restricted from day trading)
$Meta Platforms(META.US)
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