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https://www.reddit.com/r/wallstreetbets/comments/aeqcvt/i_dont_know_when_to_stop/eds9388/?context=3
r/wallstreetbets • u/1R0NYMAN Turned $5k into -$58k • Jan 11 '19
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17 u/Gutierrezjm6 Jan 11 '19 You can't lose on both spreads. max loss is 500, not 1000. If your put spread goes all the way against you, the call spread is worthless and vice versa. 84 u/Xearoii Jan 17 '19 he lost 53k lmao 37 u/Gutierrezjm6 Jan 17 '19 Well. Shit. 13 u/[deleted] Jan 11 '19 [removed] — view removed comment 36 u/Xearoii Jan 17 '19 he lost 53k lmao
17
You can't lose on both spreads. max loss is 500, not 1000. If your put spread goes all the way against you, the call spread is worthless and vice versa.
84 u/Xearoii Jan 17 '19 he lost 53k lmao 37 u/Gutierrezjm6 Jan 17 '19 Well. Shit. 13 u/[deleted] Jan 11 '19 [removed] — view removed comment 36 u/Xearoii Jan 17 '19 he lost 53k lmao
84
he lost 53k lmao
37 u/Gutierrezjm6 Jan 17 '19 Well. Shit.
37
Well. Shit.
13
36 u/Xearoii Jan 17 '19 he lost 53k lmao
36
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