$7,971 Profit
ADXSLong Option
Long put option. Trade based following parabolic rise based on a lack of fundamentals. Despite high entry price I felt confident that this name would be at least sub $10 by expiration date so felt like a low risk trade. Entry and exit points weren't great but happy with strategy.
Broker:Interactive Brokers
| Date | Price | |
|---|---|---|
| Entry | 1/20/2015 | 2.3317 |
| Exit | 1/22/2015 | 5.00 |
- Total Views194
- Position Size30
- Percentage114.44%
- Option TypePUT
- Strike12.5
- Expiration2/20/2015
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