if not coming down I will be in 100% loss no money left even to buy call to average
waiting for december salary....
waiting for miracle
whatever happens to this, before your next trade you need to ask and answer these questions first
1. are you aware of all option dynamics? - do you know what happens when mkt moves in favor, moves against you, when VIX moves against you, when mkt moves in your favor but too delayed (time decay), etc
2. what was the basis of your thinking that it will go even close to 5800....funadamental, technical, or hope?
3. kindly take effort to understand mkt dynamics and dynamics of various instruments available to you before using it.... A good carpenter can make a beautiful furniture with a saw, but in the wrong hands it could cut off the hand itself
4. there is no place for hope in the mkt.....yes it is about probabilities but you have to have a system where the win:loss ratio is in your favor
5. and last but not the least, what do you know about money management in taking positions. As this is all about probabilities one should not be risking more than 1-2% of your capital in a single trade so you are around to take the next trade that comes around
All the best