In exiting a position pursuant to the -50% hard stop, I often caveat to hold a token position, "just in case." This GOOGL trade from March 11th exemplifies my reasoning: Two weeks ago this position was well under the -50% hard stop, but as you can see it has come all the way back to be a triple digit gain on expiration day. It happens. Even if exiting when down 50%, consider hanging onto a token position, "just in case." GOOGL 2-Day If still holding calls, major resistance just above current price @ $340-$350, so no roll-over warranted today. Take your +110% and sit, for now. TSLA - Updated ...and sometimes, we just nail it!
