hi nrd525,

that's not how you compute breakeven. I have put 1.5k of "initial capital" in a black box and extracted out 1.3k out. So I recovered 87% of my initial capital no matter what happens. If other words if they bankrupt tomorrow then i will have recovered 87cts on the dollar. That's what i call being close to breakeven (neither profit nor loss).

The 500 i reinvested may be lost however those are "reinvested earnings" so if i lose them that's in the category "lost opportunity", not "lost capital". You may disagree on the last point however it does not change anything on the amount of "hard cash" which i extracted. I agree that if i had not reinvested them i could be at a 20% profit now instead of 13% loss.

And of course this is all in the worst case scenario. If i get it all back (my shares expire in july) and i no longer reinvest anything then overall i could be up to 100% overall.

hope this helps. Again i am not advertising for them, just giving the example of my own experience.

PS: actually some shares just expired today and i redeemed an extra 200, so over all i am completely flat (1.5 in and 1.5 out) therefore any amount left in bitcoin-trader is a pure "option".