--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/40196701.md" description: "I bought a put option expiring next Monday last night, and woke up to a huge loss. The original idea was to predict that the US-Iran negotiations would hardly make any substantial progress, betting on them falling apart. But given the current strong momentum of the US stock market, it's a bit difficult for negative news to have an impact. I took a small position hoping for an unexpected variable, purely as a speculative play. Honestly, as soon as you get involved with gambling, the outcome is mostly a loss." datetime: "2026-04-25T00:37:07.000Z" locales: - [en](https://longbridge.com/en/topics/40196701.md) - [zh-CN](https://longbridge.com/zh-CN/topics/40196701.md) - [zh-HK](https://longbridge.com/zh-HK/topics/40196701.md) author: "[不做韭菜的里昂](https://longbridge.com/en/profiles/15990604.md)" --- # I bought a put option expiring next Monday last ni… ### Related Stocks - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) - [SQQQ.US](https://longbridge.com/en/quote/SQQQ.US.md) - [PSQ.US](https://longbridge.com/en/quote/PSQ.US.md)