Fugu628

Thanks. I wish I waited till now. But I closed half of the 100 short call positions earlier when we were talking. So actually now I am kind of bullish biased...

Edboc and TDM, appreciate a lot! Thank you for your sincere sharing and caring.

Yeah, mental battle again now

Tim and Guggsi, I can't say enough how much I appreciate you! I feel lucky that I found SO and Kim, and now you guys, when I was searching solutions for my problems. I guess I will take your advices and be forward looking again, guys, thank you, for sharing and helping. Best!!

Kim, really appreciate it!!!

Kim, again, thanks! Now I understand everything you mentioned from my SO personal experiences. I have the highest respect towards you and highly value your opinion based on my 10 day free trial experience here with SO and decided to continue for sure. Don't hesitate to give me your honest thoughts as I will be the ultimate responsible person for any action I decide to take. So, if you were in my shoes now you would definitely close all open positions and restart without any reservations for possible reverse? You believe that's the best thing to do? No I don't want to own the stock now, not at this price. I started it as I misunderstood that margin calls won't happen before option expiration date.

Hello friends! The screenshot shows my current position on NFLX. I started the Sell 100 Call and 67 Put strangle when NFLX had its first spike after earning back in April. Then after 7-1 Split in July suffered huge paper loss including a margin call. I added some new positions trying to hedge but I know it's still a dangerous situation. Any suggestions would be appreciated about what's the best to do now. I wanted to release the capitals to do SO with Kim but of course hate to take the loss - as I have been making steady income without one single loss by doing RUT iron condor for 7 months as a self learned newbie and this stupid NFLX adventure erased all my gains.