Need advice on my LEAPS


Beginner trader here, I have a dilemma and need some of your guys’ advice. Exactly one year ago I purchased a bunch of LEAPS that have been slowly bleeding out over the course of the year. However, I understand that options become more volatile as they approach expiry. Knowing this, I’m hoping that the stock will make a big move in the right direction and I’ll be able to make my money back since the option price is more volatile now that it’s close to expiry. Would this be a possible outcome?


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