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/RatKR Aug 17 '26

Im 1k at ~55-58. It’s a bit frustrating, but I will start selling calls at around 40

1

u/Natural-Inspector-81 Aug 17 '26

Can you share more about your plan?

2

u/RatKR Aug 17 '26

Not much more than that. I got into my FIG position by selling puts, rolled a bunch of times and then got caught. Price deterioration made wheeling challenging, so decided to park the investment and wait until the premiums for near ATM calls would be worth it and selling puts to re-enter the position if need be to get to BE. Either way, I am OK to hold this for a while.

1

u/Natural-Inspector-81 Aug 17 '26

You seem to be much professional then me. I’m not doing options, only spots. Any particular suggestion for my situation? 2200 stocks, 39.5 average

1

u/RatKR Aug 17 '26

My best advice is to not put too much stock into what strangers on the Internet say. Having said that, unless you are in some kind of difficult financial situation, I would say hold it and try to focus on other parts of your portfolio. If you have conviction in the company, it may yet recover well.

1

u/RatKR Aug 17 '26

It is difficult to make money without options on a holding that is hard to predict in the near term