How to handle your LEAPS options getting crushed in a down market if you are a beginner trading options!

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The markets have definitely been pulling back over the last few weeks. This has led to many people, and myself ending up in the read. I love trading options on Robinhood and Webull and LEAPS options are one of my favorites. They have a long term outlook and you can write short calls against them also known as the Poor Man's Covered Call. The one that is getting me hard is my long calls on $FB. Facebook, now known as Meta, had a horrible earnings report yesterday. This caused my option to go from $1,030 to $54 over nights. In this video I will talk about what im doing about all my smacked LEAPS!

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DISCLAIMER: The content discussed in these videos are solely my opinion and should never be used as financial advice. This channel is for entertainment purposes only. Make sure to consult with a professional before making money decisions. This video and description contain affiliate links, which means that if you click on one of the product links, I’ll receive a small commission; all of which helps grow the channel! Thank you for your support!

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