Intrigued – I reached out to ask if he was keen to share his story.
What follows is an exclusive Financial Horse interview with Jason Cai. Hi Jason, can you share a bit more about yourself? Jason: I am 40 this year, married and am a young parent. I work as an IT professional. I am not some rich guy who thinks that 648k is peanuts in my total net worth. Neither am I bankrolled by rich parents....So I came across a very interesting post recently on the FH Facebook Group.
It was an investor sharing about his $618,848 loss options trading in 2022.
Now that really caught my attention.
Upon a deeper dive, I found out that he started with a $1,000,000 portfolio on Interactive Brokers.
Over the past 6 – 12 months, he has been buying long dated FAANG call options.
Unfortunately, the crash in the NASDAQ has not been kind to him.
As we speak, of his original $1,000,000 portfolio, only about $394,000 remain.
