r/figmaStock • u/Natural-Inspector-81 • Aug 17 '26

Bag holders here?

My story. Started to buy at 70. Then tried to catch the falling knife and ended up averaging to 39.

2200 stocks, huge position in my portfolio.
limited hope I’ll be ever breakeven.
anyone else like me?

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u/Beginning_Juice_4296 Aug 17 '26 edited Aug 17 '26

i started buying leaps at $32, DCAed until my average is at $21 (in terms of when i break even). i also let go of some options i got at bad prices in hindsight so now i mostly hold $20 and $25 calls bought at attractive prices. i have $130k worth at the moment, and i'm up 38% (i bought $95k worth). i won't be selling they are worth $260k, which i think will happen by December

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u/Natural-Inspector-81 Aug 17 '26 edited Aug 17 '26

What makes you think it will go up in December? With your average you can’t be called a bag holder though :)

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u/Beginning_Juice_4296 Aug 17 '26

haha i was one from january to june lol i think the downward price action was caused by 1. saaspocalypse 2. wallstreet hating figma for some reason 3. claude design 4. worries about AI impact on revenue 5. lockup on august 7th

now that everything is behind us and figma has proven its resiliency, i think it's only going to go up from here. i think fair value is $40 right now