All my (unrealized) capital gains have officially been wiped out! 🎉
Bought 40k worth of ORCL during the February and March lows. Had a DCA of around $146.
When the stock peaked back in early June, I was up around 20k and now I lost it all due to their announcement of increasing debt.
I had a gut feeling to buy protective puts during their recent ATHs but I thought it would keep going up.
Now I’m back to square one with no gains and minor losses now, lol.