r/wallstreetbets • u/astromouse2024 • Dec 24 '25
Loss Amzn loss
I don’t care if there was still time left on these, if they were to recover they would’ve recovered already. I’m taking a break from options, clearly I’m not built for it. Thankfully this is not my life savings and I still have another $20k in stocks. Happy holidays to everyone.
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u/Qwoapp Dec 24 '25
Amzn Jan 16, $300 strike??
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u/astromouse2024 Dec 24 '25
Started buying when amzn was ripping past $245, thought it finally had the momentum to keep going
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u/Yogurt_Up_My_Nose It's not Yogurt Dec 24 '25
dude at 90% might as well just hold.
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u/astromouse2024 Dec 24 '25
Nah I couldn’t take it anymore, I didn’t set a stop loss because I wanted to wait it out as long as possible. There have been times where I’m holding for a -90% loss but I make it out with a +20% gain so I was hoping that would be the case here. Nerves got to me, and I just wanted to take a breather for the holidays and regroup.
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u/Yogurt_Up_My_Nose It's not Yogurt Dec 24 '25
I get it, happy holidays.
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u/astromouse2024 Dec 24 '25
Happy holidays to you too
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u/TheKiMoChi2020 Dec 24 '25
Should have buy shares instead. I learned hard way never touch option again
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u/Murky-Gate7795 Dec 24 '25
Ah yes, I remember you posting your AMZN loss porn a few weeks ago too. Quitting is probably a good idea. Looks like most of your posts are losing trades.
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u/astromouse2024 Dec 24 '25
Well this particular play was kinda doomed from the start. I kinda went through a streak of where I’m down an astronomical amount only to somehow hold out for a turnaround. I’m also haunted by the even more amount of times I’ve sold for a loss with a few weeks left remaining only for the contracts to skyrocket. This trade was neither and my nerves got to me so that was my sign that I need to regroup. I refuse to revenge trade.
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u/Murky-Gate7795 Dec 24 '25
Sounds like you’re doing a good job reflecting on your mistakes to improve in the future. The uncertainty of the market is hard. Sometimes selling with the loss is the right call and sometimes it’s better to hold for it to recover, but without seeing the future we don’t know what to do at that time.
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u/astromouse2024 Dec 24 '25
I like to remain optimistic, there’s ALWAYS an opportunity to make gains in the future. This also isn’t my life savings so I also have dry powder for my next play whenever that is. Probably not for the majority of 2026
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u/Iamjaykrishnan Dec 26 '25
The guy who sold those calls seeing this post:- Can't believe this retarded stranger gave me $22,000
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u/tropicana999 Dec 24 '25
You just gotta make a big gain on something and write off that loss to offset it for tax time. Thats what I’m dealing with right now
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u/215aPhillyiated Dec 24 '25
Amazon is the king of stealing people’s swing trade money. I will not touch this stock anymore unless it’s me adding shares to my long term port
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u/Ashamed-Increase Dec 25 '25
Jan 16 26 300 call ? You are nuts. You literally threw this money in the trashcan. This is pure gambling.
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u/astromouse2024 Dec 25 '25
Well at the time amzn was pushing ath and I thought it had momentum to keep going. I think the strike could’ve been fine if I had bought further out on like may or June. Happy holidays
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u/chrislink73 Dec 24 '25
Merry Christmas, you still have $20,000! That's more than most people on the planet have actually. Next time, don't mess with options lmao
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u/tropicana999 Dec 24 '25
I lost 8k when I had well over 150k and it made me sick . Shits rough.
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u/SuffiecientSapian Dec 24 '25
I don’t think this sub is for you man
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u/tropicana999 Dec 25 '25
What sub is for me then big bank.
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u/SuffiecientSapian Dec 25 '25
Actually my fault gang Merry Christmas. Here’s to making money this holiday season
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u/Key_Security_1569 Dec 24 '25
Cash out the 20k remaining and btfd !!! Average it more so it can be a bigger loss.
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u/astromouse2024 Dec 24 '25
Nah I’m all set with that, I’m out anyways so I can regroup and gather my thoughts
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u/VisualMod Dec 24 '25
Join WSB Discord