/biz/ - Business & Finance

>>50378610
"roughly" a 6.4% chance that your position will expire ITM
based upon you saying you'll kill yourself over $700, will losing the remaining $342 really push you over the edge?
theoretically.. if earnings started coming out mixed or good, the market could rally.. we just saw good bank earnings.. so it is probably more than a 6.4% chance in reality
but the chance is very small.
so decide if you want to have a 90% chance to lose your remaining $342 or not
we may get some relief this coming week, so maybe will give you a better time to exit, for maybe like $500 instead of $342, but if you held to expiry 90% chance you lose it all - you don't really need to worry about theta decay since it's just $4, if you do think you'll have a better chance to exit for less of a loss (but not for a gain) next week