1Mon·

I need your wisdom

I bought it in May from $2330 and things are going well so far. Currently up 60%... But since I couldn't invest as much as I would have liked at the time, I ended up taking a warrant with 8 leverage (yes, I was very convinced). Of course, it has now gone through the roof. Would you take profits here or let it run its course?

Thank you very much for your opinion!!!

14 Comments

Sansebastian@Sansebastian

1Mon

Sell half and keep the other half running

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Epi@Epi

1Mon

@Sansebastian And why not reduce the leverage to 4? It has the same effect with lower capital costs and voladecay.

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Sansebastian@Sansebastian

1Mon

@Epi How do you want to reduce to a 4-position lever?

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Epi@Epi

1Mon

@Sansebastian VK 8x, K 4x.
Not that difficult now.

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Sansebastian@Sansebastian

1Mon

@Epi I'm on the edge of my seat right now

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Chris@Multibagger

1Mon

@Sansebastian I'll give you a hand. He should sell the 8 mm lever and buy a new one with a 4 mm lever

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Epi@Epi

1Mon

@Sansebastian Okay, one more time.

My alternative suggestion to selling 50% of the 8x leveraged position is:
Sell 100% of the 8x leveraged position and buy a 4x leveraged position with 100% of the capital realized.

Clearer?

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Epi@Epi

1Mon

@Multibagger Thank you. I didn't say that he should. I just asked if this alternative wouldn't be cheaper. 😉

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Sansebastian@Sansebastian

1Mon

@Multibagger thank you. That makes no sense to me 😄

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Sansebastian@Sansebastian

1Mon

@Epi then I'd rather sell half of it before I buy a new bill

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Epi@Epi

1Mon

@Sansebastian That's clear. But why?

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Epi@Epi

1Mon

As long as it's running, let it run. That's what got you to this point.

You can always adjust the SL below the last interim low.
You can also exchange the certificate for one with a lower factor (if this is tax-neutral for you).

In both cases, you stick with it, but secure a good portion of your profits. 🤷

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Tigawutz@Tigawutz

1Mon

personally, i would close the stock before this week's earnings. only the 🔮 knows the direction. In the last earning season, even good quarterly figures were sometimes sold off. Secure profits, what you have, you have. There are always new opportunities for profit!

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Carsten@AboveTheRim

1Mon

Unfortunately, I've already exhausted my exemption order, so I went for the "sell half" option. Although that's not quite right, as I sold 3 parts and one ;)

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