DIA bought options for Sept 30 expiry

NexusFi · 2015-08-22T00:38:42-04:00

Hi Everyone, Im new to this forum and Im happy to have joined. I am usually the contrarian, and shorted the dow successfully back in February to May options and sold early. After this whole week of the 1000 point drop that I was pissed I didn't keep shorting I decided to buy some beaten down sept 30 calls for DIA friday afternoon. I bought 4 172 calls and 3 173 calls. Am i going to be kicking myself in the ass on this one? Should I have picked longer expirations? Anyways, just would like the dialogue …

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Updated August 22, 2015

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DIA bought options for Sept 30 expiry

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gabrielseba Hialeah Posts: 1 since Aug 2015 Thanks Given: 0 Thanks Received: 0	Hi Everyone, Im new to this forum and Im happy to have joined. I am usually the contrarian, and shorted the dow successfully back in February to May options and sold early. After this whole week of the 1000 point drop that I was pissed I didn't keep shorting I decided to buy some beaten down sept 30 calls for DIA friday afternoon. I bought 4 172 calls and 3 173 calls. Am i going to be kicking myself in the ass on this one? Should I have picked longer expirations? Anyways, just would like the dialogue and the conversation to go forward in addition for educational purposes. Thanks for reading this post and all replys welcome!