$5,121 Profit
VLong Option

Good trade, didn't let my previous loss influence this trade. Good entry, let the market come to me partial filled. Bought calls on a downturn. Felt good I had immediate profit from the first day. What I did wrong- Didn't sell into the gap up on the first day after earnings. Left about 1400 dollars on the table. Traded the W trade used the previous high to exit. Did not wait for a break out. Market too choppy, the stock had legs but the market dropped 100 pts on ECB news.
Broker:ETrade
| Date | Price | |
|---|---|---|
| Entry | 1/29/2015 | 7.50 |
| Exit | 2/4/2015 | 16.10 |
- Total Views326
- Position Size6
- Percentage114.67%
- Option TypeCALL
- Strike250.0
- Expiration3/20/2015
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