
Entry comments: Watched for a few days. Not extremely happy with entry as I almost pulled the trigger at $1.40 yesterday. Paid a premium and got in at $1.70. Looking for a 20 to 25% profit. If she breaks $41.27 today I will hold probably over the weekend.
Exit comments: Horrible profitable trade! Was up 50% Went against my reg strategy and held longer than usual. Was getting sick of selling too early and watching missed opportunities. I will continue to stick to my previous strategy of building my account by selling too early. Huge lesson learned. Reinforced my strategy. Then to top it off... I was tired and not paying attention when I made my exit. Sold 1 contract instead of 5 at 2.09 I was only able to sell the other 4 at $2.00 and 2x commission due to this:(
| Date | Price | |
|---|---|---|
| Entry | 6/26/2014 | 1.70 |
| Exit | 7/7/2014 | 2.02 |
- Total Views80
- Position Size5
- Percentage18.82%
- Option TypeCALL
- Strike47.0
- Expiration9/20/2014