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REDDIT

LEAPS advice and when to cut losses

H
Nov 23, 2025 · 16:19

Hello, does anyone have any general rules of thumb when it comes to LEAPS as to when to cut losses and reinvest? For context, when markets were in greed, I was cashing up and waiting for a pullback to redeploy my cash. I was proud of myself for this. My patience paid off and market hit extreme fear with some solid pullbacks. I of-course deployed a handful of cash, not all of it though. Saw some green and then another large pullback, so I deployed more. I was purchasing deep ITM LEAPS dated a little over a year out on things like COIN, META, QQQ, MSFT, MSTR and some others that I felt were the most beat up and could provide the most promising future. However, markets keep dumping and some of these are down over 50%. I really thought I had good entries. Should I dump and tax harvest some of these to deploy at lower levels and possibly just hold the cash a little to figure out market or just hold? Really doesnt feel good having cashed up, waited for pullback, redeployed cash at various marks after consecutive dramatic pullbacks, just for market to continue to pull back and have my portfolio showing significant losses. Need guidance please. 🙏 thank you