system
A chat on subreddit /r/wallstreetbets
human
when a trend is going one way, and you want to be a smart ass to buy the counter trend to it. Usually it traps options players because premiums get crushed when a stock moves in the opposite direction of their position. So they usually double down continuously and it just gets worse

gpt
Makes sense. So on a stock that is bearish,  say GE, I've been waiting for pumps to occur, then buying the opposite of the pump and it's been working well. That's not what you're describing though right? Yours seems to be along the lines of 'don't chase a falling stock' e.g. don't keep putting money into a stock hoping the price will go up when it's trending down. Still new to options as I've historically just purchased shares to hold long term in IRA.