Jul. 20 at 12:41 PM
$ARM we are screwed with this, probably never see
$400's in the next 10 years.
However, it is our fault if we got stuck here. It was obvious this price rise from
$100 earlier was just totally ridiculous and unsustainable.
What took me out was selling far out the money weekly puts, thought I could beat this but got assigned at
$340.
Sold some covered calls, so my average is probably around
$320
But while I should take my losses and get out, this will most likely fall back to
$180's.
But we all knew this and if we are losing money here it is 100% our fault.
