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embrioticphlegm t1_j9gpu30 wrote

Reply to comment by [deleted] in UP 60% on my Spy Puts today ! by cezapiza

Have a stop loss (that doesn't include -95% in the scenario) imo

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pw7090 t1_j9gykrk wrote

WSBers don't use stop losses.

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Pavkelino t1_j9hfv0b wrote

Even if you do, you place them on about 90-95% loss, in case it recovers, and if it doesn’t you keep some of the money.

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