-$2,800 Loss
QIHULong Option
Entry comments: In TD CAD Margin acct. Since Sept.14.2015, QIHU has been on a tear. Jumping from $42 to $74, on weekly charts it has been going sideways, now a little bounce and now losing momentum. Getting in here with medium risk of 5 PUT contracts.
Exit comments: Ouch, the shares of this Chinese internet security firm, got de-listed. Didn't see that one coming. This is the risk of trading ADRs, unfortunately...this loss puts a dent in my equity curve.
| Date | Price | |
|---|---|---|
| Entry | 2/16/2016 | 5.60 |
| Exit | 7/26/2016 | 0.00 |
- Total Views168
- Position Size5
- Percentage-100%
- Option TypePUT
- Strike70.0
- Expiration1/20/2017
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