Exercise of Options

JC Project Freedom MPLX option trade

I want to share my pain here.
RDS.B was exercised at $55 and this morning price is at $47.5 (1000 shares)
MPLX was exercised at $25 and this morning price is at $22.5 (4000 shares)

Shrug my shoulders, losing money. I am left with my emergency funds now. Market is only starting to bleed.

This is when a constant income will make a difference. If only I have an income at the end of the month, then I will just continue to buy more at every end of the month – Dollars Cost Averaging.

2 Comments

  1. Hope you have portfolio size your positions well and have amble warchest to deploy further . It’s a mental skill to control fear and greed during market corrections
    Jia you !

    • Hi Marc,

      Misfired. Warchest is almost dried. I have learnt to live with fear but just super sian…

      You too, jia you! Hope you are doing well with your financial journey.

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