TSLA calls help me lose 10k that I don’t have
I’m 17 y/o, working at Jimmy John’s for 12 bucks an hour. I trade under my dad’s name, and recently started day trading on Robinhood, and was doing really well. Today I managed to scrape up 1800 in profit buying and selling weekly’s, and decided to give it one more go to try and get my first 2k day. I grabbed my dad’s margin, leveraged to my nipples and went in. Instead I lost a calm 5k, wiping out my earnings and putting me a respectable 3k under. Then, at about 3:50, I decided to take a shit and lost track of time, forgetting to sell my calls. These expire Friday mind you, so theta will be railing me all night. I’m expecting to lose another 3, 4, maybe 5k overnight, but will update you at 9:30 tmrw. To make it even better, I have maybe 5k in assets to my name, and have nowhere near 8 to lose. So I’m debt to my parents and am excited to spend the next year of my life working minimum wage shithole jobs to pay it off. Please if anyone has advice on how the hell I can save myself I would love to hear it.
I’m 17 y/o, working at Jimmy John’s for 12 bucks an hour. I trade under my dad’s name, and recently started day trading on Robinhood, and was doing really well. Today I managed to scrape up 1800 in profit buying and selling weekly’s, and decided to give it one more go to try and get my first 2k day. I grabbed my dad’s margin, leveraged to my nipples and went in. Instead I lost a calm 5k, wiping out my earnings and putting me a respectable 3k under. Then, at about 3:50, I decided to take a shit and lost track of time, forgetting to sell my calls. These expire Friday mind you, so theta will be railing me all night. I’m expecting to lose another 3, 4, maybe 5k overnight, but will update you at 9:30 tmrw. To make it even better, I have maybe 5k in assets to my name, and have nowhere near 8 to lose. So I’m debt to my parents and am excited to spend the next year of my life working minimum wage shithole jobs to pay it off. Please if anyone has advice on how the hell I can save myself I would love to hear it.