Thursday, January 20, 2022 -- $86,440.71 (-$7,796.17, -8.27%)
Thursday, January 20, 2022 -- $86,440.71 (-$7,796.17, -8.27%)
Ouch! A painful day and a painful demonstration of why being highly leveraged does not work out well when the positions go against you. The crypto positions were down almost exactly $1,000 but my new KIND dropped almost $7,000! Because I hold an option position in KIND that expires tomorrow, I don't have the luxury of waiting until KIND recovers. Basically I will be "booking" my gain or loss (very much looking like a loss) tomorrow. One thing that you don't see, because most options don't trade in the extended session, as most stocks do, is that KIND has dropped another $0.09/share in after-hours trading. In theory, this should hit my position to the tune of about another $3,600 in losses that does not show up on the porfolio snapshot above.
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