---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39711033.md"
description: "This has been mentioned before. I've lowered the target price.I also try to lower the cost by day trading whenever there's a chance. The main reason is that I'm betting on Musk's side, so I might hold it for a long time. If it can't even reach $70 in July, then there's really no need to buy this stock🤣.Of course, if the target price is set at $60, the return will be lower, but the safety will be much higher.Currently holding the 717/70, another reason for lowering it is to reduce the time decay, as there are four days over the weekend to account for.The higher the target price, the greater the time decay. If it's in-the-money, the time decay is basically very small if the difference is 5% to 10% below the current price. Other influencing factors are the date, events, and trading volume, which is the number of traders."
datetime: "2026-04-02T16:16:43.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39711033.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39711033.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39711033.md)
author: "[彩子](https://longbridge.com/en/profiles/19338703.md)"
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/topics/39711033.md) | [繁體中文](https://longbridge.com/zh-HK/topics/39711033.md)


# This has been mentioned before. I've lowered the t…


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## Comments (6)

- **Summer_Loong · 2026-04-02T16:23:07.000Z**: I ran some
  - **彩子** (2026-04-02T16:24:04.000Z): It's right to take profits.
- **满仓进城 · 2026-04-02T16:20:03.000Z**: Brother Cai, I saw you suffering huge losses not long ago. How much capital did you use to climb back up?
  - **彩子** (2026-04-02T16:22:43.000Z): You remembered it wrong, I'm Little Rocket. From last Wednesday to today, it was directly halved a few days ago, Little Rocket, but it's still a profitable position overall even after being halved. 🤣
  - **满仓进城** (2026-04-02T16:27:11.000Z): No, I remember back then you said you wanted to go to Mohe to have fun, but ended up losing a lot of money. I'm talking about that time.
  - **笑看人间** (2026-04-02T16:51:59.000Z): I also want to know. I remember it was said before that the loss was down to just a few hundred dollars, and now it's said to be a hundred thousand. I'm curious how it bounced back.