r/RobinhoodOptions

PEP direction was right but the calls were already expensive

PEP direction was right but the calls were already expensive

Not a Robinhood fill, this was the directional trade I was tracking first.

PEP kept pushing higher for most of the day, but by the time I checked the RH chain the calls I liked had already expanded quite a bit. Good reminder that getting direction right doesnt automatically mean the option entry is good.

u/KookilyHistorical — 8 days ago