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6ix9ine

01/05/2021 15:41

$fuboTV Inc. can someone explain to me why i am losing money on this spread? it seems the more FUBO goes up the more i lose? isnt the point of a spread if its above my $29 sell i should be profiting? at the highest today i was losing $85 too even though i only put in 80 to buy the spread, super confused. thanks for the help!
fuboTV Inc.-0
fuboTV Inc.-1
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All Comments(6)

TodaMoon~01/05/2021 16:03
Bro dubo has crazy price fluctuations so wide spread on bid and ask. as long as it stays above ur sell strike (29) by expiration you make 200 with 40 Guaranteed. Hold now

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InvestmentsForLife01/05/2021 15:44
you bought one to buy and one you're shorting on the other. buy the short position out so you will stop losing bread

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Hunter01/05/2021 15:43
It has to stay in between your set spread. otherwise you lose money

6ix9ine01/05/2021 15:49

what do u mean set spread brother

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Era***com01/05/2021 15:43
if you sell, you are expecting the stock will go down. If it goes down, you will have profits, if you goes up, you lose money.

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Plage01/05/2021 15:43
You bought it at .80 cents its only currently worth .30 soemthing ....

6ix9ine01/05/2021 15:44

i know but im confused as to why

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Autistic_options01/05/2021 15:43
Tf did you do😂

6ix9ine01/05/2021 15:43

LOLL IDK IM CONFUSED WHERES MY TENDIES

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