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>> No.30327623 [View]
File: 118 KB, 973x920, SU locked in position.png [View same] [iqdb] [saucenao] [google]
30327623

>>30327320
as long as they have a calculator, options become a real cheat code with very understandable risk-reward

pic related is a very conservative strike/expiry I took since im very risk averse. It basically turns a 2x into a 4x with low risk given the breakeven at $21.30
these are LEAPS I picked up just a few weeks ago when I sold some tech shit to average up on Suncor and the stock price is already above the breakeven price with 2 years to expiry

if anything I was way too conservative with the expiry and I should have just went with the 2022 expiry instead for more leverage

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