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Reddit / WSB-Jul 16, 05:34 PM
Trapped in Deep Loss on MU 1000 Calls — Seeking Damage Control
The poster bought in-the-money 1000-strike MicroVision calls expiring 09/18 when MU was trading at 1090, but MU has been declining for three consecutive weeks. They are no longer targeting profit and are focused solely on minimizing their deep loss, asking whether to hold, roll, or cut.
Why it matters: They also wonder if rotating into a different stock might help neutralize the loss on their MU position.