Lost $9000 catching a falling knife on the way down. Bought 5000 shares at $24.40 and sold them at $26.42 for $10000 coming back. Feeling a lot better now. I've promised myself never ever to try to pick a bottom in the middle of nowhere again.
haha, i tried catching that thing, I started at 28+, net positive with sales from 26-26.75, but couldn't load it up as much as I would have liked under 25, selling mcp 10 puts stole my cushion.
this is oversold,b ut still pricey, hit my target for now near 27
same here i picked the March 26 options when i should have picked the 24s.