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REDDIT

Options are bad

B
Aug 8, 2026 · 17:03

I think I’ve tried or looked into all options strategies. Right now I’m mad about my qqq leaps. I bought qqq a few weeks ago when qqq was at 705. Now my break even is qqq 718. Like what? Theta really decayed my leaps by THAT much, in a few weeks. That’s bull shit. Really!? I buy the dip, and qqq rips higher, and I make no money on leaps. Wtf. Options sound cool and all but it actually sounds to good to be true and the fact is, it probably is.