--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/41672052.md" description: "$AST SpaceMobile(ASTS.US)First time posting here, also documenting my first time getting close to a margin call.Whatever the outcome, first, thank you Brother Caizi. I've been following you since you started trading Tesla with $10k last year. I've read every single post you've made over the past year, whether it was about Tesla, the small rocket, or Ferrari, and I've followed along with some of your trades (I missed the rally both times on the small rocket, which is one reason why I went all-in at a high price this time despite the risks). Due to my personality, I never commented and just lurked silently @Caizi. You've really, really done an excellent job, and I'm very grateful for all your sharing. This time, I was truly stirred by that well-known phrase about changing xx, got carried away, and I admit my mistake. I personally bought 150k of 0717 100calls (started with 0821, then as it kept falling, I moved the expiry closer), 30k of 0618 100calls, and about 50k in 2x long positions, bought on IBKR. This money was borrowed from my parents, said to be for investment. I'm now in a state of numbness and despair. This time, I lost all discipline, from an initial floating profit of 80k to frantically adding call positions. The first price I bought was the 100 call (the last addition was when the underlying was around $120), but now it's down 70-80%. I haven't opened my IBKR account for a week, really can't face it. Now writing this down to record this reckless, impulsive, and undisciplined behavior. Not asking to make money, just hoping to get some capital back. My words are chaotic. Sincerely hope friends don't go all-in on leveraged options in the future, don't let some words cloud your judgment. Sigh, I've been in a daze for almost two weeks. Surviving in the stock market is the most important thing. Absolutely, absolutely do not go all-in with leverage, stay rational. The most painful, real-money lesson." datetime: "2026-06-10T09:38:01.000Z" locales: - [en](https://longbridge.com/en/topics/41672052.md) - [zh-CN](https://longbridge.com/zh-CN/topics/41672052.md) - [zh-HK](https://longbridge.com/zh-HK/topics/41672052.md) author: "[Francislucky](https://longbridge.com/en/profiles/12903047.md)" --- # $AST SpaceMobile(ASTS.US)First time posting here, … ### Related Stocks - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) - [ASTS.US](https://longbridge.com/en/quote/ASTS.US.md) - [IBKR.US](https://longbridge.com/en/quote/IBKR.US.md) ## Comments (53) - **卖飞小能C · 2026-06-10T15:33:09.000Z**: Although I don't understand options, I've recently had drawdowns to the point of losing money. Let's encourage each other and keep going! - **Magic_Wu · 2026-06-10T11:25:30.000Z**: There's an old saying: being cheated and still helping the cheater count the money. - **清风拂醉月 · 2026-06-10T10:18:53.000Z**: Sigh, with a capital amount like yours, boss, you can totally play the underlying stocks, or at the very least, do double the amount of day trading back and forth, - **add · 2026-06-10T10:07:26.000Z · 👍 1**: Too many people have been affected, including Caizi. I believe that if there were no charlatan shouting out, at least half of the people wouldn't be so exposed to risk. Even my double is like this, not to mention recent options. Words like 'changing the family' really make it easy to underestimate t - **Francislucky** (2026-06-10T10:09:30.000Z): Yes, I'm really obsessed with this change in the family. Just tough it out through this period; it should rebound a bit. - **山雨 · 2026-06-10T10:06:39.000Z**: Face reality, review the remaining capital and positions. If you're still bullish on this security, allocate some for a short-term rebound play and some for rolling over.Only by facing it can you solve the problem. Regardless of the win rate, keep money on the table. Let's encourage each other. - **Francislucky** (2026-06-10T10:09:48.000Z): Let's encourage each other 🙏🙏 - **山雨** (2026-06-10T10:12:24.000Z): Never go all in on the short term, leave yourself some room for error. Actually, I usually don't say this kind of thing. It affects the stock's doubling, you'll make less profit, but you're still youn - **Francislucky** (2026-06-10T10:21:53.000Z): Mhmm, thanks 🙏 - **拐弯不刹车 · 2026-06-10T10:05:07.000Z**: Bro, sigh😔, take it slow - **Johnny51 · 2026-06-10T10:00:05.000Z · 👍 1**: Indeed, everyone is getting carried away. Don't have blind faith in any stock, leave some room for maneuver, and let's cheer each other on. - **Francislucky** (2026-06-10T10:03:43.000Z): Yes, keep it up. - **_Lgms8X · 2026-06-10T09:51:02.000Z**: Keep it up bro, the investment journey is still long - **Francislucky** (2026-06-10T09:59:30.000Z): Thank you - **我的小钱钱 · 2026-06-10T09:49:45.000Z · 👍 1**: Although I've also gone from profit to loss, I've always been buying leaps calls. I believe given time, it will recover. - **Francislucky** (2026-06-10T09:55:02.000Z): Leaps are much more stable, I'm hooked. - **跟随趋势不贪心 · 2026-06-10T09:49:39.000Z**: That so-called big shot is really a fraud. - **Francislucky** (2026-06-10T09:59:46.000Z): Sigh, it's a long story. - **跟随趋势不贪心** (2026-06-10T10:00:42.000Z): Bro, my heart aches for you, be careful next time - **老番薯 · 2026-06-10T09:48:51.000Z**: Your fate has been changed! - **溜个馍** (2026-06-10T11:01:44.000Z): 被改变的人起码上百个（我也是其中之一） - **躺赢哥 · 2026-06-10T09:47:33.000Z**: Hug, bro. I've basically lost over 90% too. I borrowed 90k from my parents, thinking I could take them on a trip after making a profit from this round... Unfortunately, I got too carried away and didn't consider the risks.. - **Francislucky** (2026-06-10T09:50:05.000Z): Yes..sigh - **打板起家 · 2026-06-10T09:45:47.000Z · 👍 1**: Same here - **耿耿1314 · 2026-06-10T09:44:34.000Z**: Sigh, I bought $55k worth of Calls.For June, July, August September, the 6/18 ones are at 160, the rest are at 140, 150. Now the Calls are worth less than $15k, holding for now, waiting a bit. The 6/18 ones are worthless, don't care about them anymore, holding onto the rest a little longer. - **巨力哥** (2026-06-10T09:45:59.000Z): Hurry up and change the date, 15,000 is still money - **股海散修** (2026-06-10T09:47:38.000Z): If there's a rebound, you can postpone the date and lower the price, saving a bit of loss is a bit of gain. - **Francislucky** (2026-06-10T09:48:19.000Z): I was also thinking about holding on for a bit longer, sigh - **阿巴阿巴007号 · 2026-06-10T09:43:39.000Z**: What's your cost basis for 717 100call? - **Francislucky** (2026-06-10T09:47:08.000Z): The last portfolio rebalancing had a cost of $2,000, but at the time of rebalancing, the 0821 call had already lost over 50,000. - **阿巴阿巴007号** (2026-06-10T09:47:58.000Z): What is the premium? - **Francislucky** (2026-06-10T09:49:49.000Z): That's when I bought it at $20.00, $2000 per share. - **彩子 · 2026-06-10T09:42:04.000Z · 👍 4**: So basically you only have 20% of your money left now? What's your current position ratio? And the total loss ratio. - **Francislucky** (2026-06-10T09:46:29.000Z): I really dare not open ibkr to look; there should only be about 50,000 to 60,000 yuan left. Now I have 7 contracts of 0717 100, 2 contracts of 0618 100, and 150 shares with 2x leverage. Overall, I'm d - **彩子** (2026-06-10T09:48:31.000Z): There should be a slight rebound on June 12th, and it will go up a bit. No matter how painful it is then, I have to open the account. To choose whether to extend or how to operate, there's no way to d - **Francislucky** (2026-06-10T09:51:42.000Z): Mhm, I know. I've read all the option knowledge you shared. At the time, I thought buying in-the-money options was much safer, but now they've become out-of-the-money too. When the rebound comes, I'll - **老马MSK · 2026-06-10T09:41:01.000Z**: Ah, my heart aches for you for a minute. - **Francislucky** (2026-06-10T09:42:25.000Z): Old Ma, I've read every comment of yours. It's not easy for any of us. 🫂 - **老马MSK** (2026-06-10T09:42:49.000Z): Sigh, it's all getting to my head,